Xerox stock hit 1/5/10 year lows today and closed at $2.60.
Steve B is running Xerox into the ground. We won't survive 3 more months.
The end is near....
12 replies (most recent on top)
@h0 today’s ‘below’ is $2.40
$2.46 as of this morning. Look out below!
@dg IT'S ALL PART OF THE REINVENTION
OMG 😱 OMG 🤯
@dh it’s $2.51 on the captains log
$2.54
Circling the bowl, we got a floater.
So when SB says the street is pleased with us, which street is he talking about? Sesame Street?
You can see Captain Haddock circling above..waiting for the glint of little Stevie’s Starfish in the cold hard light of day! Nets are out for these wannabe pond life bottom feeding crustaceans as they count their hard earned sand dollars they prized from the decaying X drift wood of life.
Oh please. … just friggin’ leave already. There is nothing to be gained here. You will not be remembered with honor. You will simply be another bullheaded fool that drowned when the ship went down.
Good lord, does a 16 ton piano need to drop on your head to make you aware of what’s going on here?
Times Up. Totally. It’s Toast. Buh bye 👋
@a1 Mostly, yes, but a little bit no. The bond market looks at the share price, and EV, which is dependent on the Goodwill Value. As shady as it was to stall the Goodwill Testing to Q4, it was smart. If they would have done that Q3, we'd be at ~$1 right now. The other, much bigger, shoe drops in Q4. We are not even at the bad part yet. There are two more rungs below CCC+ before the lights go out, and we'll hit at least one of those rungs on Q4 earnings, if not before.
Eeeeeek - $2.51 now, still going down ⬇️⬇️⬇️⬇️⬇️
Stock price has nothing to do with XRX ability to stay in business. It is merely a reflection of investors opinion of if we can. Having said that I give us 6 months.