DeVry, Inc. Message Board

Companies have been padding numbers, brokers and promoters of stocks had been misleading investors by claiming high call volume was bullish when in fact the high call was investors selling calls not buying (by the way have you noticed how that has stopped since some of us brought it up repeatedly all summer - cha ching)

So now we have self appointed "experts" playing with numbers deliberately attempting to mislead the general public.

Two things to keep in mind:

1) Those of us who have been following the "fools" for several years know that they rarely get it right. They are wrong far more often than right. Their record is even worst than Jimmy Cramer who has a 85% error record.

2) Buy and hold is not a good strategy anymore and it is never a good idea to hold over an earning announcement and APOL longs found out last week and as AAPL longs found out 2 days ago.

And as mentioned by others, DV and all of the edu stocks had a 50%-70% haircut this summer with minimal retracement. DV lost over 50% of it's value, retraced barely 15% and then lost 8% in a few hours after APOL's horrific showing last week.

Anytime a stock drops by 50%, that is a red flag. And when it has such a small bounce, that is another red flag and shows a lack of confidence in that particular stock.

Finally, keep your stops tight. To whom are you listening to? People saying that everything is rosy with DV were saying the same things last week about APOL. What happened?

To whom are you listening to?? Hmmm??