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HPQ down 12%!!! HPQ revenue $30 billion, misses Exp. $30.41 billion!!! HP says Autonomy accounting fraud led to overvalue itself by over $5 BL!!!
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[quote:Burt Gummer:MV8yMDU3NzQwXzM0NjExNDU3X0NEMzZBQ0M1] [quote:Anonymous Coward 28150940:MV8yMDU3NzQwXzM0NjExMTk1Xzg5NDY0MDBF] was watching madd money the other day...the host/cant remember name/ said that anytime a stock has accounting problems....its time to [b]SELL SELL SELL[/b] [/quote] If you do Technical Analysis as I do you would see that chart CPQ chart is on a rather solid downward trend for the last year. This accounting problem will do nothing to break that trend....nor will Obama's economy which is about to get worse. Kramer is right on this call.....and it makes a for a very good stock to use PUT strategies on. :mktsuicide: [/quote]
HPQ down 7%
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