Major stockholders lose millions for each dollar drop in RHI stock. Tsk, tsk, tsk.
Let's see, when our President decided to give work permits to illegals, that increased the labor supply, thus driving down the number of job openings and the wage levels. So millionaires who profit, however meagerly, off the labor of the hardworking American-born temps, have taken the biggest hit. They can't collect unemployment as the temps can, and as the wage levels decline, the commissions therefrom also decline. Partnering with Upwardly Global to add yet more workers to a country with a too-high unemployment rate has economically backfired (except in instances for which the linguistic skills for a particular country are required). I recomend Nov 20 puts as a hedge against declining stock values, if you can find someone that will short them. Happy 4Q 2012!
SOMEBODY ELSES WORDS . And i QUOTE...."RHI will never sink. They are just another additional resource in your job search. If they did not place you, you were not qualified for any of their open roles at that time. Don't take it personal and get over it. What are YOU doing to find yourself a job? Did you capitalize on every opportunity that was given to you in your life? Are you blaming other for not making things happen in your life? There are still many job opportunities out there-have you given up?
RHI is a business and not a non-profit. If you need more "human element," go to church or hang out with your mommy. Come ready to play if you are hired or placed by RHI. If you are not there anymore, the business was not for you. Kindly bow out and go into something else. That is what I did and stay in touch with my contacts there. I never burn bridges"...........................SEEMS reasonable. But you recommend PUTS as a HEDGE?. Why not just DUMP the shares? What you seem to being saying is RHI is putting itself out of business. How would you compare RHI to lets say Korn/Ferry.