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Corinthian Colleges Inc. Message Board

  • blueskydriving blueskydriving May 1, 2013 9:33 PM Flag

    Washington Post now owns over 6% of COCO ...


    13D filed ... position taken 26 April ... hmmm, makes you think the Panetta appointment had something to do with it ... another postive sign from inside the beltway that the assault on for-profit colleges has stopped ... so, in review, within the past two months GS, Wells Fargo, and the Washington Post have all added millions of shares individually ... and, Leon Panetta has joined the Board of Directors ... so, keep focusing on potential cash flow issues in the fourth quarter despite COCO having a letter of credit which would cover any short-term cash flow issues ... btw, during last year's fourth quarter the $40 shortfall in cashflow was due to one-time events including a fire in the processing center (read the transcript)

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    • Now the Kool Aid drinkers are making their own Kool Aid and drinking it!

      Let's disregard that for every buyer, there is an equal seller, likely in the case of Wells, GS, and WP buying, an insider or a insider friend, relative, or related was tipped off to upcoming earnings miss and sold to make room for the new sucker to enter.

      New suckers are born every day, and they keep making the same stupid mistakes as the old suckers all the while invoking whatever story supports their stupidity.

      Aren't you the same guy who said mark my words $2.50 by this week. We really need to listen more to you. Obviously doing exactly the opposite of what you suggest is a winning formula.

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