HPQ - long term problems, which the market recognises

Hewlett Packard (HPQ) had a pretty bad day, despite the indexes closing only 'mixed'. The underlying problems remain the same, HPQ's long term business strategy is seriously under threat.


HPQ, daily

Summary

Holding to downside targets of $15..and eventually $10

$10 seems unlikely this year, unless a doomster market collapse occurs, with sp'800 or so. I don't see that occurring, but I would most definitely believe $15 is coming later this summer/autumn.

Difficult times lie ahead for HPQ. It is nice to see that Mr Market is at least recognising - and pricing this stock..accordingly.