Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Weird trading in HPQ yesterday.
It flatlined at spot on $12 for hours, popping a pinch above sometimes but never below.
I find this is usually the sign of a BIG buyer or seller with a limit order.
Frequently the company itself. Check out an intraday chart.

I noticed that, but didn't think of your deduction which seems logical.

Sorry to call it a disgusting cigar butt. But at some point, even a disgusting cigar butt acquires appeal. Different from RIM, HP is not likely to go bankrupt, although I wonder how many more cockroaches they are going to find in this kitchen. Maybe some kind of sandwich option trade (I'm not familiar with the technical term, but staying in the kitchen...), like buying shares and selling some ITM calls?

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.