HPQ Halted, Why?

Quote from tradingjournals:

It seems to me that some guys on ET may have shorted the QQQQs, and went long HPQ. Let us wish them well.
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i don't know about QQQQs but HPQ will likely rebound at least somewhat on Monday. -8% is a major dislocation for such big company. the drop may have been exacerbated by AH and by the weekend uncertainty.

it is not a sure thing but the odds are really in favor of a bounce. i would have bought a chunk AH myself without much thinking had i not been long before the drop.

the main Q in my mind is what size of the bounce is reasonable to expect.
 
Quote from shortie:

17:00 $ 40.97 100
17:00 $ 41 100
17:00 $ 41 250
17:00 $ 41 300
17:00 $ 41 100
17:00 $ 41 4,550
17:00 $ 40.50 100
17:00 $ 40.50 900
17:00 $ 40.95 900
17:00 $ 41 300
17:00 $ 41 100
17:00 $ 41 4,600
17:00 $ 41 300
17:00 $ 41 100
17:00 $ 41 3,631
17:00 $ 41 969
16:31 $ 45.8908 21,000
16:30 $ 45.8291 1,000

Read more: http://www.nasdaq.com/aspxcontent/E...=552&selected=HPQ&mkttype=AFTER#ixzz0vx3DRYOy
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the closing price is incorrect. see a snapshot of AH quotes above
 
HP said that Mr Hurd’s departure was precipitated by “numerous” expense violations, as well as his “close personal relationship” with the woman, who had acted as a marketing contractor to the computer maker. It also alleged misuse of other corporate assets.

One person familiar with Mr Hurd’s position said he had no more than “half a dozen” dinners with the contractor, and denied that the relationship had been inappropriate. This person also put any expense violations down to mistakes rather than any deliberate act, and said that Mr Hurd had made no attempt to hide expense claims that involved the contractor.

http://www.ft.com/cms/s/2/a36c163c-a30a-11df-8cf4-00144feabdc0.html


yeah, right! as if they fire CEOs for small "mistakes" :cool:
 
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