briansd1 wrote:What about Meg

[Coronita]

[quote=briansd1]What about Meg Whitman coming to save HP?

They’ve got to be kidding, right?

http://www.nytimes.com/2011/09/22/technology/idea-of-whitman-at-hp-distresses-the-tech-world.html%5B/quote%5D

Told you about shorting HP after Hurd left…. you would have made close to a 50% return in slightly more than a year.

Mind you, HP’s closing price today…$24.

And told you about the spinoff PC business decision was a fluke.

http://news.businessweek.com/article.asp?documentKey=1377-aVsvm2fYPOJg-6LJC51MM4GUINNP8BRL6Q261E8

BTW: if the current CEO gets fired, he gets $35million for a 10month fvck up stint.

http://blogs.wsj.com/digits/2011/09/21/h-p-ceo-apotheker-could-walk-away-with-35-million/?mod=yahoo_hs

Psss. You want a tip on how to make a killing on shorting a company? Find a company that makes a drastic 180 degree business decision ad-hoc without first doing enough due diligence and having no real concrete plan of execution in place before making an official press release. Also, make sure the company, after making an obvious bonehead move with no clear direction, back-pedals in real time and tries o make corrections “as they go along”, giving the investment community that sense of poop-in-pants unconfortableness when investors don’t really know what the company is trying to do.

HP over the past year fit the mold. I can only thing of one company that foobared even greater than HP…. Netflix….. And damn that would have been a pretty short….