Hedge fund managers conference call - "Agreed we all sell during the day and buy back at the end of the day at a much lower price". Once you know the game and how it's played you'll do better.
So how does that apply to HPQ which has been rising the entire day?
The hedge funds don't own huge amounts of HPQ they do own lots of AIG.
They kept telling the media that PC market is dead and being hugely invaded by Lenovo and now they are telling you that HPQ still survive, has been undervalued, blah blah blah