Monday, December 29, 2014 1:20:08 PM
If I understand what they are saying about HP, it seems that HP has a very full plate to deal with, and is probably very unlikely to load it's plate more with any acquisitions. They probably intend to work "in house" rather than going on a buying spree, so they're focused on speed and a single material, where they can most likely get the biggest media bang for the buck.
Meanwhile be aware that weak price action begets even weaker price action. As we know the market tends to over do things in both upwards and downwards directions. If you're going up, they'll help you up, if you're going down they'll sit on you. Right now the source of price action seems to be that investors are uncertain and that portends a downward trend. The excitement that fueled the fast climb is history in the markets eyes, so I expect the price to continue to settle until the next wave begins. Institutions have lightened up and then come back in, never abandoning ship and insiders have shored up their positions, so they all seem to be saying they see potential up ahead.
Best advice I've seen is; hold some and trade some.
Happy investing all, here's hoping you've all had
a wonderful holiday season.
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