Markets usually over-react big time to negative news stories
Once things settle prices usually revert back to something nearer fair value
It's good you have a longer time horizon though, gives you better chance to get in and out at opportune times, rather than feeling forced to sell on unfavourable terms
I think HP have changed leadership a few times in recent years too, from memory, but could be wrong - this also takes a little while to turn around a company finding it tough to compete with the big tech hitters like apple, google etc these days
I would have thought HP are big enough and established enough for someone smart to find ways of adding value over the next few years or so
Best of luck, hope they come good for you in the long run
Posted By: essexcanaryOTBC on January 3rd 2013 at 23:29:07
Message Thread
- At work, just had an email to say I have been granted a stock award .. wtf ? (n/m) (General Chat) - colincanary, Jan 3, 22:27:09
- Stick this in Wikipedia, probably explains it better than I just did :-) (General Chat) - essexcanaryOTBC, Jan 3, 23:19:24
- Cheers. (n/m) (General Chat) - colincanary, Jan 3, 23:21:23
- Or this one which is probably a bit more user friendly: (General Chat) - essexcanaryOTBC, Jan 3, 23:21:07
- Employee benefits (General Chat) - essexcanaryOTBC, Jan 3, 22:54:51
- Thanks for that, just been reading it properly now.. seems I get a certain amount for the (General Chat) - colincanary, Jan 3, 22:59:39
- Oh and forgot to say (General Chat) - essexcanaryOTBC, Jan 3, 23:37:01
- If I remember correctly their share price has been taking a bit of a hammering (General Chat) - essexcanaryOTBC, Jan 3, 23:16:44
- Thanks, yes they paid over the odds for Automony so they have been battered.. but (General Chat) - colincanary, Jan 3, 23:20:21
- Markets usually over-react big time to negative news stories (General Chat) - essexcanaryOTBC, Jan 3, 23:29:07
- Thanks, yes they paid over the odds for Automony so they have been battered.. but (General Chat) - colincanary, Jan 3, 23:20:21
- Thanks for that, just been reading it properly now.. seems I get a certain amount for the (General Chat) - colincanary, Jan 3, 22:59:39
- Knorr (n/m) (General Chat) - CB41, Jan 3, 22:36:14
- OXO (n/m) (General Chat) - colincanary, Jan 3, 22:38:00
- Stick this in Wikipedia, probably explains it better than I just did :-) (General Chat) - essexcanaryOTBC, Jan 3, 23:19:24
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