PS is low, PB is low, Chart is low. Balance sheet is good. Cashflow is great. How could anyone not like this stock right now? Don't answer, you will embarass yourself. Just buy the stock and enjoy the rise. Cheers.
Might have something to do with the product? Government is getting wise, students are getting wise, huge competition from real on line schools, ridiculous cost, poor loan repayment. Other than that a great company.
You mean you can't sell an old broken VW bug for the price of a new Jaguar forever? At some point, no matter how you dress up the broken VW, somebody will realize its not worth it, and there are better alternatives?
Wow now that is a revolutionary concept! That said, the VW bug company is cheaper than the Jaguar company so I'll continue to invest in it and hope that we can get back to selling old VW's for $50,000 like we used to do.
Product is the issue? YES! Any company or industry with a junk product has a major problem.
No emarassment at all. i have given you a plethora of reasons why this stock is to be despised. You are making the same stupid argument that others have made all the way down from $20 to $2. Nothing new. Just more of the same stupidity.
It's not a stupid argument. Either you are disputing the numbers are real (and the stock values are a fraud), or the stock is undervalued. Future value is still predicted by current value, and current hostility of the federal government against paid-for colleges is unlikely to last. That means the upside when the federal heel is off this company is good.
You think the argument against the numbers has been around a while? Try how long the arguments against for-profit colleges has been raging (and wrong). At least 3000 years!