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Tangential: I think HP's stock might be selling for less than the company's liquidation value at this point, depending on what you think of their patents. That'
by lionhearted 15y ago
Tangential: I think HP's stock might be selling for less than the company's liquidation value at this point, depending on what you think of their patents. That's ignoring the fact that they also have some profitable high margin businesses.
Sure, they're doing some boneheaded stuff lately, but I couldn't resist buying some. Buying $1 for 88 cents is usually a good move. I sold some TIPS bonds to buy shares.
Disclaimer: Obviously I just bought some of the stock. I'm not sure if they're selling for below their liquidation price. Check the financials yourself and do your own research. Etc, etc.
- mcnees287 15y agoDump the TIPS man.
- lionhearted 15y ago> Dump the TIPS man. I had some USD, didn't see any good buys, and wanted to stay liquid in USD. I figured inflation was definitely coming, so even if interest rates rose (unlikely anyways, but the only real risk) it'd likely be cancelled by the inflation premium. The bonds appreciated around 7% in four months, so it worked out okay.
- pinko 15y agoThe big problem with TIPS is that the government gooses the CPI formula to understate inflation, so they're really providing an (inflation - n%) return, not an (inflation + n%) return. That being said, I also own a small amount of them.
- epscylonb 15y agoI would rather buy bitcoins.