https://www.thestreet.com/story/14345840/1/hewlett-packard-enterprise-ready-to-rise-after-quant-upgrade.html
7 replies (most recent on top)
Even with the layoffs, after the Security Analyst meeting yesterday, HPE was down 4.5% because the analysts saw there is only cost cutting going on.
Good to see the OP woke up from his slumber.
To the question, no one except rank and file employees are holding HPE long-term, as everyone (except the rank and file employees) knows it will eventually wither and die, as no one wants their torsos td and they can’t invent. But due to a decent yield, it is worth holding short term for dividend and hoping they keep laying people off so stock goes up.
Every single time. Wall street wolves love the smell of fresh blood spilled on the streets.
Most people just buy the dips and sell high
Indeed. And IMHO this is the reason that Wall Street can be bad for companies. Michael Dell know this.
Most "traders" trade the stocks. Frequently. With high frequency. Hedge funds are always adding and dropping stocks in their portfolio. If you're thinking long term, that's typically a retail investment strategy (aka consumer 401k investments). Do you know anyone investing in HPE for the long term? Most people just buy the dips and sell high.
Yes, but those are short term cost cutting measures. It has been proven over and over that layoffs end up costing the company in the long run. Shouldn't the stock reflect the long run, rather than next quarter results?
Yes, of course it does. Cost cutting measures will drive profitability. You do know that these layoff decisions are being made by bean counters, right?