Investment firm calculates the value of a share of $ 2 HP in negative
HP is not well economically and stop planning a long-term restructuring, which will take its first fresh fruit in 2014 . But investors do not believe much in the promises, as reported firm investors and Wall Street analysts, “the balance of HP is disastrous and are fortunate that your action is worthless.”
The organization has reduced Sterne Agee recommendation that HP provide the level of “neutral”, which in other words means “apocalyptic”. According to them, technically the stock value of the company is less than $2. Yes, negative balance, at least according to the calculations, because in reality the share price on NASDAQ varies between $14 and $15.
“I estimate and we could not believe. The value of the portfolio was tangible – $2. And when you look at the real value, you see $16, “revealed Shaw Wu, who works at Sterne Agee, ending the whole argument of the firm to which he belongs with the phrase:” This is not a review. These are facts. “action, Actions, companies, company, Finance, HP, money, NASDAQ, Sale, sales, Sterne Agee