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Career Education Corp. Message Board

  • zozotinkerbell zozotinkerbell Dec 19, 2012 10:30 AM Flag

    bought today 25,000 shares at $3.70 WHY IS IT SINKING

    the news is outstanding!
    Good news. Why no spike higher?? HELP!
    I BOUGHT ON MARGIN and sick to my stomach right now...
    and why are the closing so many school campuses instead of selling them?

    COMMENT NOW AND BUY THE STOCK, it should be trading over $4

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    • When you ask "why are they closing so many school campuses instead of selling them?", I think there are several answers. First, they don't own the campus locations...they lease there's no real estate to sell. This leaves selling the location as an ongoing business and that would appear problematic since the locations have been economic losers.

    • CECO is doing tremendously well, it is at $3.26/share.

      I think that is a very high price.

      They have managed to keep the company going, and have not shut down.

      I even think they will keep it going in the future, but I could be wrong...

    • I am long. I agree, the news seems pretty good. They promised to keep the schools open until current students graduated. I expect this to be near $7 by next spring. We need 1 more quarterly report. IMHO

      Sentiment: Strong Buy

5.34-0.21(-3.78%)Apr 29 4:00 PMEDT