This is what is going to happen to XRX stock when investors realize that Johnny Vas---ne's Tech Powerhouse is just smoke and mirror bu-----t. Unless of course someone is stupid enough to buy this tu-d soon...
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Confident stock has dropped because of poor Q1 figures, heavy losses, decline in revenue, a large law suit, a CEO resigning and the activist investor. I bet he made some money today by short trading. It’s ready for someone like him to buy low, take over and sell higher.
Xerox is not loosing money yet and whilst revenue is decking is making a profit, so not quite the same. I do agree though there is no tech powerhouse.