Now that it looks like from managements maneuvering that bankruptcy is certain to happen very soon, what are the odds it could go directly to Ch 7 instead of Ch 11.
There was an analyst stating it could line up that way because of the abnormal amount of debt they are dealing with.
This would mean all stockholders would have zero value.
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You had served value on day one at Xerox.
That’s why i told you to leave, as your worth would increase immediately.
Yawwwwwnnnnn….
@a4 We find out on 8/15 who owns what.
That is the Q2 reporting due date for ownership on 6/30/26. The previous Q clocked in at ~79% institutional ownership as of 3/31/26,
If that number clocks in, near, or below 50%, that is bad. The institutional investors held this through everything, and if they bail (and people can see they bailed), that is the ballgame.
Why would any large investor be holding anything if filing could happen any day now?
What analyst said that? Do you have a name or link?
All stock holders have 0 value in CH 7 or 11. Probably CH11. Either way, equity is wiped out.
"But what about Hertz? They kept trading?"
Right, Hertz has billions of dollars of assets that have a defined market value and can be readily sold; the cars. Xerox does not. Equity will be wiped out.