Funny how the bashers go away after a stock rises over +50% in only 5 months! I guess they missed class the day they talked about stop losses. All their blather about old news, historical stock prices, and bashing management was all for not. What's that sound we hear? It's "Oink oink oink!" as the short sellers panic and cover before the stock tests $10.
The shorts are probably reading the very bullish Piper report that is more concerned about XRX's bright future rather than where the stock was many years ago. Their $12 target price would be only 10.7 times 2013 EPS, and we could see the stock trade there late this year. That would be a nice -33% loss for the shorts, plus dividends!
I normally do not respond to people who are negative who have no basis in reality to make the statements they do.
The facts are the Company will continue to earn OVER $1.00 per share.
The Company will do more business in the service area than in the hardware business where there are greater margins.
Now for my Las Vegas bet comparable to your statement about it going to $7.00....I PREDICT IT WILL BE TAKEN OVER THAT IS BE ACQUIRED FOR ABOUT $12.00 a share.