I had to take our dog Kramer to the vet for, ahem, acupuncture and manipulation. We are also adopting a new dog that we are bringing home this afternoon.
On the way back I stopped at Costco and spent $100 on HP ink cartridges. We all have to have ink cartridges. HP can charge whatever they want, and I think they do, so why has the stock been such a dog (forgive the pun) for so long?
Obviously tech has been the wrong sector for a long time. I don’t know how much it costs to make an ink cartridge but if it is more than $5 something’s gotta be wrong. And yet the company seems, to me as a person that follows that market but does not know the company inside and out, to be totally lost.
Maybe this is yet another flaw in the Peter Lynch model.