Investors want to see profitability now. Not two years from now.
More Quotes from Jeffrey Silber:
Last year there was a lot of noise in the sector. But on a positive note, you've seen a correction in the group.Jeffrey Silber
Investors have turned jittery and are looking for any reason to sell. But analysts say this is a good time to kick the tires of company fundamentals, not shop for deals. We're looking at companies that are close to making a profit, ... And there are not too many of those.
Jeffrey Silber
I don't think that kind of number is sustainable, but people are sure reacting positively.
Jeffrey Silber
I highly doubt that somebody is going to come and put these companies out of business.
Jeffrey Silber
The staffing sector is notorious for its lack of visibility. Today's sell-off is an overreaction, exacerbated by the lack of a conference call on this news and its timing during the holiday season.
Jeffrey Silber
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