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Thursday, September 2, 2010

Idiots Of The Week

It's time to resurrect the "Idiot of the Week" award, as news that the bidding war between HPQ and DELL over PAR has ended. HPQ "won", and is going to pay $33 a share for a stock that, in it's entire trading history (shown int he weekly chart above), never threatened to break $15. I thought the folks at DELL were about as dumb as you can get, but HPQ proved me wrong.

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