hpq stock fell 12% yesterday. h-p ceo meg whitman said an internal investigation revealed "serious accounting improprieties" and "outright misrepresentations" by autonomy. this makes 5 straight quarters of large declines for the tech company. what's being called the most lucrative case of insider trading ever has been uncovered by federal authorities. the sec is bringing charges against mathew martoma for making more than $276 million. the case dates back to july 2008, when martoma allegedly learned about the results of a clinical trial of an alzheimer's drug a week before the data were released to the public. martoma made a massive profit by selling stock he owned in the elan and wyeth drug companies, as well as shorting those stocks. the sec says martoma reaped big gains when the stocks fell. groupon shares jumped yesterday after a hedge fund revealed its stake in the company. tiger global, a new york hedge fund, said this week it has a 9.9% stake in groupon. groupon shares rose as much as 13%, before ending the

. >> caller: my companies are, let's see here, rht, red hat, hpq, panera, pnra, atw and sony, s&e. >>ay. oh, boy. all right. wow, anyway, sony is a not-great entertainment you've got to sell it, whether it's diversified or not. y eve got to sell it. red hat, we know that was a technology company. hewlett pack ard, no, no, no. we're going to keep the red hat and go with bristol myers. and we'll get rid of sony and, instead, what we'll do is we'll buy some cat pillar. get a little industrial in here. that will do. let's go to bob in new jersey. how are you doing, bob? >> good. i have five stocks i want to ask you about. exxon mobile, sirius satellite, biomed realty, bmr. kimko realty and mechancdonalds. >> well, one is related to medical and one is related to us. purists are gingrich to get mad because they're both reads. obviously, we missed mel carmes. i think they tweeted him poorly. exxon, nobody ever got in trouble buying exxon. restaurant, oil and gas, speck, health real estate, shopping center real estate. i'm going to bless it. pab i'm just in a forgiving mood after an all-night

also got herb and bryan white of topeka capital, a hold on hpq and a $13.50 price tag on the stock. i'm going to throw it to you, first of all, david faber. what did whitman have to say? >> of course, we learned this morning when we got earnings from hp, mandy, that the company was taking a $5.3 billion writedown as a result of what it called misrepresentation and the accounting of economiy, bart of an 8.8 billion write-down. she was not the ceo at the time, though she was on the board of directors. as i have been reporting much of the day and confirmed by the company since we first reported it, they got wind of potential improprieties from a senior executive at the autonomy unit back in may. commenced an investigation. here we are seven months later, preve preve presented a problem why this was the case. they had concerns before they were bought. here is what whitman had to say. >> after we announced the acquisition, a number of blogs that came to the fore about potential issues at autonomy. the former management team ran that to ground. came up with the conclusion there was nothin

. >> caller: my companies are, let's see here, rht, red hat, hpq, panera, pnra, atw and sony, s&e. >>. oh, boy. all right. wow. anyway, sony is a not-great entertainment. you've got to sell sony. you've got to sell it, whether it's diversified or not. deep will drilling, i like that. red hat, we know that as a technology company. hewlett-packard, no, no, no. we're going to keep the red hat. get rid of hewlett-packard. we're going to go with bristol-myers. we're going to get rid of sony. instead, what we'll do is we'll buy some caterpillar. get a little industrial in here. that will do. let's go to bob in new jersey. how are you doing, bob? >> caller: hey, cramer. how are you? >> not bad. >> caller: i have five stocks i want to ask you about. exxon mobile, sirius satellite, biomed realty, bmr. kimko realty and mcdonalds, mcd. >> this is tough. i look immediately that these two real estate investment trusts, one is realitied to medical, and one is related to shopping centers. i'm going to let that slide. purists are going to get mad at me but i like the yield. sirius is good speculation

also, hpq, that saga continues after a request from the former autonomy ceo to acquisition details of accounting fraud. some pockets of strength today. we were led higher by monster beverage. just one of those names people love to trade. regulatory fears subsiding a bit in that name. also want to draw your attention to corning. that stock getting a pop. last but not least, best buy. positive speculation in this name relating to a bid from the company's founder sending the stock up more than 3%. michelle. >> thank you so much, jackie. all right. just 34 days to go before we go over the fiscal cliff. >> oh, boy. >> i want to call it the fc. can't we get an abbreviation? we're going to l.a. we're going to ec. we're going over the fc. >> sounds good. >> are shareholders best served by companies paying dividends now? someone who's going to join us says absolutely not. find out why. >>> also, later, who would have thunk financial adviser tells you what you need to know. >>> plus, let the lawsuits begin. hewlett-packard slapped with a lawsuit over its autonomy debacle. now companies are open