HPQ CEO comments on Agoracom regarding today's great day! Hi Guys,
As you may understand, we are a bit busy right now to answer all your queries, but rest assured that I do keep an eye on what is being said, but I just do not have the time to reply. (Sorry I am not really as good as Peter in that regards...)
Fact is that I wanted to write to you for some time about what I was seeing happening with the actions of high-frequency traders with a short bias on HPQ share price and movement, but just could not come around to do it. But I would not be surprised if today actions were partly caused by shorts either running for cover or trying to move up their positions.
For those asking, yes I was called by IIROC. I confirmed that all material information had been decimated and because we had substantial short activity (24% of volume) during the last 2 weeks, we did not have to issue the usual no comments PR.
Just as a reminder, on November 5 we issued a PR confirming the start of the GEN1 NSiR in December 2020, and since we did not issue a release stating anything to the contrary since then, that information is still relevant.
Regards
Bernard Tourillon
CEO