It seems ADP Stock just can't do anything but drop.
I wonder why?
Carlos, can't your ramp up the spin for the street on how fantastic everything is and make them believe it?
Stock heading down... again.
2 replies (most recent on top)
@1zzj+19jGHotI - you are wrong. Stock down again today $1.20 right now. In your scenario, let's say you wait eight months and it gets back to $168. Do you care to figure what the last year, or heck even two year annualized return would be on that? Negative. It is a dog. ADP is messed up and it is soley because of bad management decisions for years on end now.
Yup, ADP is a bloody mess. The recent full year stock performance is negative. Why is management rewarded for negative performance? Shouldn't they be fired?
I bet they could save a lot of jobs for the salary they are paying the CEO and the CFO! Like dozens and dozens!