Apollo Group Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mvhs65 mvhs65 • Mar 31, 2009 10:39 AM Flag

    It's not APOL's earnings that matter...

    Now the volume is increasing and the PPS is falling, and the broader market went higher.

    It's all interesting that other competitors in the space are red, although it's mixed.

    The weekly longer term chart is bullish, but the near term daily chart has turned bearish. The weekly lags the daily, so we'll see.

    But I agree with you, playing the earnings move can be a dangerous game, but it's also a high risk potentially high reward venture.

    Let's check back later here and see where we're at.

    Sort:  Newest  |  Oldest  |  Most Replied Expand all replies
    • marcose.perez marcose.perez • Mar 31, 2009 10:45 AM Flag

      blowout quarter up 10...after hours

      • 1 Reply to marcose.perez
      • krack_killzs krack_killzs • Mar 31, 2009 10:50 AM Flag

        #s they report don't matter now. It's as if Madoff reported "another blowout quarter" -- short thesis is this company is scamming the public, selling them the dream of investing in an education with the payoff of a future high-paying job... (parallel to housing obvious and accurate)... reality is this is another bubble where the economics simply do not work. Once govt realizes they (like as in housing w Fannie & Freddie) are fueling this bubble with their easy $$, they will pull the plug and APOL will circle the drain. Easy part here is we also have blatant fraud, as documented by Citron.

    • mvhs65 mvhs65 • Mar 31, 2009 3:04 PM Flag

      Now it's getting really interesting. Shorts are NOT covering, and longs are dumping big time.

      It doesn't look like the street is expecting too much here, you never know at earnings. That said, I'd rather be short APOL than long.

      Good luck to all.

 
APOL
21.350.28(+1.33%)May 17 4:00 PMEDT