Kinda overdone. In fact, way overdone. STRA does have issues. But aside from lowering tuition costs by 20% everything else they've put in place to address those issues are going to save money and cut fat from this hog. Lean and mean makes money. 6 months from now this is back to a 50+ stock. No problem. And 25% return in 6 months translates into a 50% return on a yearly basis. pretty good money in my book.
When I woke up early this morning and saw they beat by 25 cents and met revenue I thought we would have a big day,I have held this a couple of months and had average of $40,sold some in the $47 range but gave up all gains today,really sucks. ESI LOPE and APOL had very good quarters.Was up 12 grand on the stock this morning actually down now,I'll continue to hold,maybe next quarter we will get that short squeeze.