HP Spits The Bit

HP has spit the bit in after hours. I have added to my position. I was not expecting a beat and raise out of HP and was bracing for a nasty quarter. That is why it trades at seven times earnings. A lot is priced in.

1 comment:

Anonymous said...

A lot of  highflyers got decimated today again. PCLN,NFLX, CMG, MCP, the list is long. There's something happenning in this market. I'd be careful with a bullish stance.