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Technology Stocks : McGraw-Hill
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From: juliarb12/18/2010 3:27:56 PM
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I was just reviewing McGraw-Hill's stock price history over the past 5 years and it is truly amazing how far the company has fallen since the company's high water mark in the Spring of 2007. From a high about $72 in the 2007 to a low of about $16 in 2009 to its current price of about $34 and heading to points south from here. That is a 78% fall to the lows and 3 feeble rise attempts since then which would never have happened had it not been for the Federal Reserve's mass printing of Dollars in the QE1 and now QE2. The stock is currently on the down side slope of it's 3rd hump in stock price as seen in the 5 year chart. In 3 large unsuccessful humps, the third one is not a charm just the down side of the Grand Canyon. All the kings QE's and all the king's monopoly money won't put MHP back together again.

By the Fall of 2011 the USA will be entering hyperinflation from it's massive currency printing if it last that long. China and Russian have agree from now on that all their trade will be done directly in Rubles and Yuan leaving out the USA and it is just a mater of time before they pull the plug on the dollar. McGraw-Hill will go down the drain like all the bloated carcasses of US companies built on greed who forgot who they really were. With Europe and the EU heading into financial chaos and the United States default inevitable, where will McGraw-Hill peddle it's books? Such were the dreams of investors and mentally ill authors on medication. Ready my website that tells the McGraw-Hill story at fallofthehouseofmcgrawhill.com and sell your stock now and buy it back when I do some where below $1.00.
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