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Career Education Corp. Message Board

  • themasterblster themasterblster Apr 22, 2013 5:21 PM Flag

    Bought 30k shares today

    I'm all in @ 50k shares with an average price of $2.09. No way CECO is worth only $2.07. With cash of $304 mil, aggressive cost cutting, and a cash burn of only 12mill for the horrendous last quarter, CECO is not going anywhere and is an absolute STEAL. If CECO was trading at a price/book of 1,the price would be $9.12 today. Do the math.

    You'll see. Cheers mate

 
CECO
3.43-0.22(-6.03%)Jun 29 4:00 PMEDT