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Apollo Education Group, Inc. Message Board

  • getintoh20 getintoh20 Mar 27, 2013 8:28 AM Flag

    Must/will test $16, to fill gap, then heading to $12

    Apol business is dying, no growth, no DD, no reason to own this pos. Sell your shares, & join in the fun of shorting this pig to $12....

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    • As of February 28, 2013, cash and cash equivalents, excluding restricted cash, totaled $821.2 million compared to $1.3 billion as of August 31, 2012.
      Burning a hole thru their cash pile. Not good....

      • 1 Reply to getintoh20
      • In an 8-K filing, APOL said the main accrediting body for its University of Phoenix subsidiary recommended that the University be placed on probation due to noncompliance with accreditation criteria. Specifically, it found the University has insufficient autonomy from its parent company. While probation would put at risk the ability for the University to obtain Federal funding for student loans, APOL intends to appeal the ruling. We see this news as negative, adding to issues around student retention, deteriorating demand for for-profit educators and ongoing regulatory trouble

 
APOL
29.15+0.53(+1.85%)Jul 22 4:00 PMEDT

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