The poor baby had to cut his dividend in half and the stock price is diving. Xerox, pump more cash into good old Carl’s coffers. Otherwise, his ponzi scheme will collapse!
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No!
This is good news use that money to invest in the company
More dividend please!
Please increase the dividend!
What does this mean for Xerox?
Remember when CI told JJ that "things were so much above his (JJ's) head?" I finally understand what he meant. XRX was always a pion, a cash cow to keep up his Ponzi scheme in business. There was never a plan to get the share price to $42, let alone create a powerhouse. JV was an empty suit of the worse kind. An ugly human being without a soul and dead eyes. It all makes sense to me now.
“Icahn Enterprises will eventually cut or eliminate its dividend entirely, barring a miracle turnaround in investment performance,” Hindenburg said when it had announced its short position.