I cannot post links but make sure you google Monster Worldwide Update Mea Maxima Culpa. Jeremy Raper, who wrote a huge BULLISH analysis has admitted to buying Monster was a mistake, he has sold out, and now he is BEARISH going forward. It is so detailed on why this company is going no where. THIS IS THE END. Even the cheerleaders are going away. He discusses why he was wrong on SOOOOOO many levels. Great to see all the investors this goes out to. This stock is DONE!
NOT ACCORDING TO YOUR POSTS. Another thing, you were the one that started personal attacks. I remember when you bragged about mysteriously buying in at a time when the stock was at an all time low and being up 50%. We said good for you, sell and enjoy your payday. Then you kept saying how you were holding THEN you said MONSTER WAS A STEAL at $6. We aren't buying it. You thought it would go to $10 and you held and you lost. Good, serves you right. You never brought any positive due diligence to the table. Now that you are sitting on a loss, you start personal attacks AND you are trying to see if someone will post positive news if you ask for a reason to buy. Well guess what, your arrogance has cost you, not listening to us has cost you and now you have to say goodbye to your gains and hello to your loss. Take your loss and you whining and your personal attacks that you started well over a year ago, and take them somewhere else.
You do know that they had to take out a $100 million loan last year? The Sr Convertible notes that have a $5.3 strike that will pretty much dilute the shares? Their may be a bounce, but they have been playing with their balance sheet for years. I'm sorry, but when the CEO and the CFO leave a company within a year, that's about as bad as it gets.
So when the CFO left the company last quarter, that is because they are going to have a big rebound? When the CEO left in 2014 it was because of prosperity? The layoff of 7% of the employees last year AND 2013 AND 2011 was due to the rapid growth? The dramatic decrease in revenues since 2006, even when the BLS reports the highest number of job openings since 2000? The profits came from getting rid of employees and riding renewals.
So what do you think about that $100 million loan? The strike is at $5.3...do you think after these numbers the folks that financed this disaster are getting a little on edge? I don't remember any clause that would allow them to change anything. But when you are looking at a $3.50 price target from the analysts...that can't be good. Dilution will be eminent when they convert the notes.
Price target is the prior ALL TIME LOW! Anyone that bought before earnings needs to just take the loss.
You say that because you were not one of the poor saps that bought before earnings and lost a third their investment. So you come in after the stock had the worst decline in the history of the company to start on the board about buying now. OOOOHHH your brilliant...if you want to act like you are smart, call it before earnings. Don't call the obvious, anyone on the board could have done that. My guess is you posted on Linkedin last week. Duh of course it will bounce back a few percent they only have 67 million to buy back shares Mr Buffett.
You just keep asking dumb questions. You LOST! You were bragging about your buys constantly. We told you to sell, now you lost. So you want to double down? That would be stupid. Let's make a comparison. Look at the company Mark Roberts Solutions. No website, no facebook no nothing. Just owned by some ugly guy that looks like a loser. Someone that probably tried to steal clients from a previous company and then go out on his own only to see his business dry up because he makes stupid decisions. And did I mention he was ugly. You wouldn't buy that, so you shouldn't buy Monster
So you're going to double down. Some people just don't learn. Remember when you said 6 was a steal. Remember how you were hanging onto your $4.50's. I would sit this one out, you have lost enough.
MORE DOWNGRADES COMING!!!!!!!!!!!! TIIIIIMMMMMMBBBBBEEERRR!!!!!!!!!!!!!!!!!!!
I don't know where you are getting your number, but I am in the EDGAR database pulling from the 10Q for each quarter. Go to the Americas alone and you can see the decrease. Korea was not half the loss of revs. You are way off.