Good Luck to you as well. This is pretty rough. At least I do not have kids. Worried about the families that this is going to hit. Never thought I would see the day. A hiring freeze, yes, a full scale layoff? Blindsided.
no matter how many time you say "the real numbers" you wont get your money back.
they did report real numbers
and i took your real cash
But they missed the numbers - the real numbers? The only positive was we are going to cut expenses and people but if revenue was down 6% this year the cuts equal that - if it's down 6% next year (already starting off that way) then it's net 0 just like the last 10 restructures?
They promised to buy shares but I don't see where they have the money for that - they got $25M in restructure? Debt went up over 75M this year and the credit line is down to 26.9M from 178.8M. Debt went up 75M - thats no cash flow and the credit line went down 75M - the banks arent going to give them any more money. Only growth will save them and I don't see it.
I believe the winds will shift but the haters are going to hate hate hate me right now and I guess I deserve it (for now.)
Not pro Monster by any means,. I don't get it unless things just weren't as bad as expected.... Kinda like expecting that the doctor is going to tell you that you have three days to live and really you only have an inoperable disease that won't kill you for some time..... Sounds like a relief.
The only thing I can figure is that the news wasn't nearly as bad as expected.... It's looking like part of the "All the jobs, all the people" strategy is to cut all the jobs and get rid of all the people. They'll save a fortune that way!
Anyone else on the Acq team get one as well? Oh, and any job prospects are welcome. Now that I see my COBRA costs, I am a supporter of Obamacare. I guess that is an advantage of being an "at will" employer with a database of 70 million resumes...you can reorg as much as you want and it doesn't really cost much at all. Good luck to all those employees that remain.
Why I got active posters to talk to - and I know it's going to head down soon so you will whine or go silent.
The volume is way too high and their is no solid reason for the move - so someone is getting in or getting out and then it's back down.
But enjoy - here I'll make you feel better I lost $321.00 because of todays movement.....not really but if it makes you feel better put the decimal point wherever you want.
I mind you posting on here. You are as negative as anyone I have ever come across. Why you follow this stock is beyond me. Time to move on. Find a new hobby!
I don't mind you enjoying your day but if you do quote me please get it right. I said 1 out of 4 (it's less initially but I think there will be more and 7% is significant) and I said real EPS which was a loss because of Sal's compensation even before you added in the good will write off. The GAAP number is a negative $0.04 that's the real earnings per share not the adjusted EBITDA number they use. Stick around for a while it'll be down soon.
Right... EPS means nothing in the world of stock! Making money as a company is irrelevant as well right? Its all about revenue I guess even if you are spending more than you take in? HUH? I would hate to see your credit and your bank accounts with your accounting skills. Lets' go! 2 bucks a share coming! 3 out of four Monster employees out of work soon. You sure do know your business man. Keep on posting! We all enjoy your rants and number charts. No go eat lunch. I am sure your Mom just made you a grilled cheese and is calling you up from the basement.
Almost everything I said was true - there is no reason for the stock to go this direction based on the earnings announcement. But the market is what it is - enjoy your moment I'm sure it won't last.
Someone kick that troll of this page! Stick to bonds bro. My eight year old can make money on those.