How low can the stock go?
26 replies (most recent on top)
This company work conditions is very poor their ethics is out the door . Reality check it's impossible to get to a 6.9 anymore. Do you see what's going on in the world or are you in some bubble were it only rains in one spot .
Based on the bad Credit streak this past year or so, I’m betting that this Company is gonna start making some major cuts again. People simply don’t want to pay anymore & there isn’t really much we as workers can do to get them to pay.
And nobody is coming in to buy anymore either. Most places have already sold to majority of people & half of those or so are bad payers or skips. So you have no choice to sell to those people or random crack heads that come in just to get a sale.
But definitely this company is losing more than it is gaining. Best to get out before the ship hits the wall & sinks.
Put the word out to your fellow rac coworkers, get the views up on this page to over 3000 so they can see what people say about rac!
Stock firms and buyers are catching on to rcii, at best it's worth 10 bucks a share. GL if you work at rent a center or if you own stock.
This place just is bad all I have to say .
People really don't do there research on rac they just buy the stock see it going up a bit . This is a really junk stock to buy . Wait till it drops again after the 4th quarter and people lose again . They are offering agreements or items at 16.99 plus whatever fees they pile on for bare bones computers and junk items you will be paying on for 5 years ....
So I worked here 2 weeks or so 1 week on the computer then on the road an credit calls that was all I needed to know this job ain't for me. During my time I meant nothing but Crackheads they rent to no even joking you call for payments they either moved, don't know who I am asking for and just hang up on me,disconnected numbers ,people who want to fight you for asking for a payment that they owe . They said and I laughed 😅 he said got to get a 6.9 I guess that means I need alot of crackheads to pay so I get no were even close to that think it was a 20 on a Friday guess that's bad then they make come in all early to knock on doors with the most angry people behind that door wanting to fight again I mean what the he-l kind of people does this place rent to holy sh-t just wasn't for me good luck to the next poor guy that goes in there I guess I replaced a guy that worked there a month well I beat him 2 weeks . Takes some type of individual to do this job !
It would be alot better to sell stuff if u weren't charging 50 bucks a week on a cell phone or ps5 once you add all the fees in there that's about what your paying and u want 4 grand for a ps5 or a s22 wonder why people walk in and walk right out ! Can't convince them on paying for something for like 5 years waste of a company don't buy rac stock place is tanking!
8/20/21 rcii was at $63.10, what happened? Can't blame tge economy, rcii is supposed to be recession proof, right? Poor fools buying/ selling this junk stock. Come on people do your homework!
I was reading their debt is super high and the acquisition of acima that's even down year over year the whole company is in tough shape it sounds like . If I were a employee here I would start searching for a different job period!
You should call a news station heard there was one more company that tried that here in Florida company had backlash it was on the news . Tell them you got written up for failing to go to work with pto time on top of it during a dangerous hurricane they were telling people to evacuate. Shows what a sh---y employer this place is .
You would have a good case if they were to fire you for using pto time or any retaliation towards you for using it . Document all the interactions moving forward .
You employees hold all the power, they cant do anything without you! Band together and leave that Company! Let rac figure it out for themself. I worked there and believe me it was hard when they screwed me but I got through it and found a career, wow I make more $$$, love life and enjoy working. I gave all I had to rac but in the end all they wanted was someone who will cheat with an 8th grade school level, wow??? It's not a surprise when you see their p/l.
They are chewing up employees and spitting them out it's like a meat grinder amount of employees I've seen come and go they really do treat us like pure sh-t . They only care about sales and hitting credit goals if u can't do it then they hire someone else then they can't do it and hire someone else it's a cycle that keeps going I've never seen someone hit there goals every week ..They talk to us like sub humans
I'll tell you something they were threatening me to go to work while there was a hurricane about to happen in Florida .I was trying to use some of my pto time and they said I couldn't and were going to write me up . I don't know much about the law but if I have pto time can't I use it why am I being threatened if I use it I'll get written up I thought that's what that's for ? I never went and they wrote me up even though I had time makes no sense at all can I sue them ? They said it will pass won't be anything to worry about you just don't want to go to work I couldn't believe it place complete trash job they DONT CARE ABOUT THE EMPLOYEES AT ALL DONT WORK FOR THEM I am in the process of leaving one final interview and I am gone to a much better company !!!!!!
I agree it looks grim the outlook for this company . I won't advice buying any stock from this company as I can see it getting even lower .
This company is paying out the shareholders more then they are even making its a bad sign insiders are buying making it look like they have confidence in the company when in reality there is none there it's like plugging the holes on a ship eventually it will sink . They are literally hoping for a good 4th with all these free events . Something is not right over at there accounting office I feel ....
Run from rac, most of the upper mgnt act the same way, thet manage by fear. I the DMs that did not want to manage by fear, intimdation and cheating were let go. They are left with a bunch if VP,Rd and Dm that are bullies but once they get fired they can't even get a job fliping burgers.
I worked at rac up until recently they just treat their people so poorly reason why I left . My dm put his fist though the walls punched a ho-e though the back room walls and was swearing because someone who had personal time called out I seen that and said this isn't a company I like to work for . Absolutely no compassion at all nothing stone cold being a female I know kids get sick it happens his kid was sick and I also have a little girl and if I ever had a problem where I couldn't come in this is most likely what would happen if roles were revised no reason for him to walk around swearing and crazy run from this company if you can not only that but it's not doing well at all not a stable job one bit your job depends on me getting sales a certain amount a week which I could never get no one has money and the collector getting the payments which seems impossible when you rent to someone that is complete trash and you just need a sale and the system approves everyone so good luck to all those still there because I don't see them lasting for another year without super cut backs and letting people go or closing stores like I seen last year seen all I needed to see in a year and half there . Glad I am gone from that company wasted over a year of my life there .
Well there you go, mitchie needed a scapegoat to announce what he already knew was going to happen with earnings. The cfo, evp, vps, lp and any other Ps do what mitchie says to do and say. This Company is in trouble no matter how you look at it and tbh they deserve it. The "greatest" team ever assembled is failing.
Just tried to look her up and said page not found got rid of her quick like !
🍿 👁 👁 anyone know ?
After all said and done I see there stock going as low a 7 bucks I bet. Company is slowly dying no one pays anymore on time or even in some cases at all they want that 6.9 3.5 every week but what the world is going though they are out of touch with reality they say they understand but they don't.
I wonder what happened 🤔
She didnt jump ship she was the scapegoat!
Heard even that Maureen jumped ship .