Stopped out of half of Xerox position

By Travis Johnson, Stock Gumshoe, July 27, 2011

Just a quick note to update you that I’ve now been stopped out of half of my position in Xerox (XRX) — I continue to think that the stock is undervalued, but, since I don’t know the company as well as some, I have maintained a stop loss order for part of my holdings “in case I’m wrong.” I will probably hold the balance for a while but will need to look over my assessment of XRX value again.

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