Wow, you completely missed that one. NO KIDDING THEY SHOULD BE DOING BETTER WHEN UNEMPLOYMENT IS LOW!!! That is what we have been saying! As you can see, over the last five years the revenue has gone DOWN when they should be doing better. When your brain wakes up go through my post again. Like it mentions on the video, the manager from Novo Nordisk told the story of using Monster SeeMore technology. His example was an expansion that had 727 openings, 5554 candidates in the pipeline before the jobs posted, 472 candidates qualified using SeeMore, 127 hired. A 98% fill rate for an expansion using 3 recruiters over the course of 2 weeks...IN 2010! Do you think that software could get those kind of results in today's employment market? Back then anything could work to fill jobs. There were 300 people applying for every opening! So,they tested the technology when everything was working. Do they get those results for recruiters now? NO! So Mr Genius, Like you say, they should do better when unemployment is low, not high...so why have their revenues continued to fall year after year? Make sure you google Monster SeeMore Recruitment ROI for the video.
What a silly assertion. They should do better when unemployment is low, not high. They make money from employers, not people looking for work, so the more that people are hiring, the more money they should make.
When have they ever purchased? Sal and others bought some in 2011 in the vain attempt to pump the stock but other than that they have NEVER EVER PURCHASED. They've sold to cover RSU's but that is about it.
That's too funny. I haven't seen a purchase from an insider since they launched the NEW Monster last year. I guess the NEW Monster was a pump so the officers could sell what they had left.
As I mentioned Make sure you look up Nikos Livadas on linkedin. He has the SeeMore Video on his page. Why would he resign as the Sales Director if he really believed in what he was talking about.
Mcguinness - about 15% of his holdings (not RSU tax covering) - 13,134 @ $6.1112 = $80,264.50
He also sold 12,196 @ $6.6243 back in March with 3 others - selling other than RSU covering hasn't happened pretty much ever. He's the chief accounting/controller - think he knows the gig is up? Or he can't live on his salary increase from $312 to $350K a year? Of course here was no bonus but that's because they have almost never made the number.
I will not lose any sleep. You are the losers who got found out and ditched by the company. Now all you can do is moan moan moan. Look in the mirror. The real problem will be staring right back at you.
Lies, lies and more lies. So you just happened to jump into a stock at it's bottom when it was tanking because you just thought it was a good deal and now you are up 45%. I love it when these brilliant Buffett's just claim to jump in at the right time when there is no reason to buy and magically they are up! Let me guess, you also have a pet unicorn.
If you're looking to daytrade, that's fine. It's still down on the one year, and it was around this time last year we started getting the decline back when it was 6.85. Oh, and it hasn't recovered since the 2008 crash even though employment has. They are running out of accounting tricks, Looks like the bet of the smart money that TRIPLED the amount of short shares will ride this thing down for the rest of the year. 98% institutional holdings, if one starts to sell with this thin volume it is over
They keep bragging about their new technology that is just groundbreaking. Well...when did they develop all of this great technology? DURING THE GREAT RECESSION. All of this was build and tested around the time of the greatest unemployment in the history of this country since the Great Depression. All of it worked well when it was tested because it was easy. Anything would have worked. However, this is no longer the case. But don't take my word for it, take Nikos, the Director of sales for North America. He was in the SeeMore video Monster put together. He has a fantastic part in the video and he even posted it on his linkedin profile. However, as you can see, Mr Livadas LEFT Monster to go to a small 150 person software company that started just a couple years ago. I guess he didn't believe in that TECHNOLOGY that will push Monster to the next level.So if a director walks away from it after promoting it, you know it will fail.
Oh god...how am I going to cope? Defriended by the community of losers who were complicit in the years of neglect at Monster. So called "sales people" who couldn't sell a cup of water to a dying man in the desert and basically stole a salary. When the going got tough you just #$%$ and moaned. You got found out, move on.
These are the top jobs and resumes on Monster -
I'm sorry to hear that. You nailed it! They remind employees all the time that they have a database of 70 million resumes and they can find a replacement at a moments notice. For a company that brags about helping people find their next opportunity they treat their own employees like they are about to be damned.