Friday, August 19, 2011

HP

HP was one of my favorite company when I was in college thirty years ago. Now, this finest company was ruined by incompetent executive. I did not buy HP stock since Carly Fiorina left. I'm total agree with Jeff Reeves on his article posted on Marketwatch:
"Hewlett-Packard is everything that’s wrong with corporate America right now — stupidity, a lack of innovation, bloated operations and no leadership."
The original founders, board of directors and stockholders need to kick these incompetent executives out of the Hewlett-Packard. Yesterday, HP stocked down more than 6%. Today, downed more than 20%.

Just waiting for HP down to single digit, below $10.

H-P Shares Dive to 6-Year Low - WSJ.com

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