HPQ - HewlettPackard Company - Page 16

PC and printer maker Hewlett-Packard Company late Wednesday posted a 44% decline in fourth quarter earnings, hurt by one-time items, and its first quarter outlook fell short of Wall Street expectations.

The Palo Alto-based company reported fourth quarter net income of $1.47 billion, or 73 cents per share, compared with $2.6 billion, or $1.17 per share, in the year-ago period. Excluding one-time items, adjusted profit was 92 cents per share.

Revenue fell 7% from last year to $30 billion.

On average, Wall Street analysts expected a smaller profit of 87 cents per share, albeit on higher revenue of $30.7 billion.

Looking ahead, H-P forecast current first quarter earnings to range from 88 to 91 cents per share, which would miss analyst estimates for 95 cents.

Hewlett-Packard shares fell $1.11, or -3.8%, in premarket trading Thursday.

Did you ever get in?

I opened a position today,looks like some accumulation is starting.

Quote:

Originally Posted by kevin1612 

looking good still...holding up still...moving higher ...wondering bout getting back in here...

Trading is very strange, even now in AHT, I did the same thing a while back, bought in when the earnings were bad and it dropped to $27, sold later that day for the same PPS after getting bored 

http://us.rd.yahoo.com/finance/external/xbwsj/SIG=12qbhegvf/*http://blogs.wsj.com/digits/2012/03/06/intel-stresses-new-selling-points-in-server-chip/?mod=yahoo_hshttp://us.rd.yahoo.com/finance/external/xbwsj/SIG=12qbhegvf/*http://blogs.wsj.com/digits/2012/03/06/intel-stresses-new-selling-points-in-server-chip/?mod=yahoo_hs

Some new products anounced today and the stock dropped over 3%.

Quote:

Originally Posted by kevin1612 


got sick of being teased thankfully so just a time or 2 in and out with nothing to show...but is curious now for sure

looks good so far, out for a nice little profit this morning

Its a good thing I sold, got out at $24.30  in PMT, lost a lot of its profits already

 

Quote:

Originally Posted by PENYSTOKMILIONAIR 

looks good so far, out for a nice little profit this morning

Going back on my radar for Monday, hopefully it continues to flounder

Its getting killed, might fall into the 23's might make for some good shopping monday

Today I will find a long entry, if stock will go up.

If stock do not move below this support line, it can be very good signal for open long position. If it true, then target around $28.
 

I waited a $28 level, but stock go down and now close bottom support line on the $23. I hope it will draw a double bottom and price move up with first target $25 and next $28.

5 weekly HPQ 19$ puts @ .16

This is a lotto play for earnings I completly expect to lose my 90$

Quote:

Originally Posted by binks 

5 weekly HPQ 19$ puts @ .16

 

This is a lotto play for earnings I completly expect to lose my 90$

up 100% now but im holding