One of 2019's top stocks is a 113-year-old company
https://www.cnn.com/2019/04/10/investing/xerox-stock/index.html
6 replies (most recent on top)
Heck it's like if I stopped paying any bills and screwed people over then my personal wealth would be up too!
Why do people keep cheering the Xerox stock price? It’s Icahns and Xerox money, and there are no restrictions on how much they will buy!!!
It's all "Smoke & Mirrors"
So
Xerox will never grow again.
It’s simply riding the shrinking annuity.
This is a very short term investment.
I am sure that all of the employees that were previously doing a great job that have been terminated or that are having their jobs outsourced overseas will find solace in this fact as they search for comparable employment.