Although it was up over $8, APOL traded in a $3 range all day. Volume over 5 times average should have taken it much higher. It closed near the bottom of that $3 range. Don't count on much more of a run up. Back in 2004 it hit $100 after a banner year when they earned less than half what they earned last year. But that was a different economic environment.
Agreed. The doji formed after the gap up is not a positive sign. With turmoil in the Middle East escalating, the market will be in the red tomorrow and take APOL down with it. This is still a Bear Market and traders rule.