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HP Inc. Message Board

  • n59218 n59218 Feb 21, 2013 8:17 PM Flag

    11.50 to 18 was a great ride, I'm out

    11.50 to 18 was a great ride, I'm out after hours. Can't be greedy in the ultimately "dying" business for the next 3-4 years. The biggest concern is that big-boys are now ready with their trigger to sell. This is tacitly indicated by S&P analysts keeping their year-end target still at $13. The implications are: not only they'll unload their holdings now, but might go aggressively short at these juicy levels, thus indirectly full-filling their prophesy. Got into this as the Dec-Jan effect trade and it has run its course now. No point hanging around longer than needed... there are many other fishes to fry. All the best to the rest of the holders.

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