You have changed your position since July 31 post. I did not sell at 3.90 and that was a huge mistake since I am down big. He seems keen on online interactive schooling as he spent considerable time talking about it and alluded to real estate and other strategic sales. I am stuck with this until there is positive news.
Time to get out of CECO. When leadership remains in place that caused the losses, and is rewarded with promotions, such as from CTU operations to interim president to perm president over a period of decline, it should be apparent this is the Titanic and they are rearranging the deck chairs. The question analysts should be asking is about enrollment and re-enrollment, and why CTU and AIU began automatically re-enrolling students who quit? Second, a good look at the boiler-room sales tactics vs quality education delivery is a second indicator that this stock will go below $2.00 very soon. This is chasing rocks.