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Corinthian Colleges Inc. Message Board

  • outsidetoinside outsidetoinside Nov 5, 2010 6:52 PM Flag

    Guidance for 2nd qtr. is .20c-.23C excluding

    one time charges. This guidance reflects management's estimates based on the new rules. I expect a one time charge for a campus closing but even at that this goes to $6 at a minimum. There are a zillion short shares out there that are trapped. GL to all and have a nice weekend.

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    • onlineadmiral@att.net onlineadmiral Nov 6, 2010 11:56 AM Flag

      Even if it goes down as someone says the earnings estimates for FY2012 are $0.60 or something it might be time to buy more.

      We don't know the future. Maybe short term it goes to $7, but long term I think it goes to say $7.

      Short term it could go to $3 who knows.

      I'm guessing at least 1 year from now or more.

 
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