Why aren't the bears posting here anymore? They used to post all the time. I think that given the recent decline in the shares from $75 to $59, there would have been some commentary. I guess with the shares down, there is no need to throw mud in the chat room.
1. Enrollments still weak on year over year basis as effect of bad press and industry-wide government mandated elimination of incentive compensation to marketing staffers has hurt company and industry numbers. Also, overall jobs still tough to find, so people probably thinking why bother retaining if I can't get a new job anyway. All sorts of press about how graduates from major universities can not find decent jobs, so why go to college. I guess everyone can work at McDonalds if they so choose.
2. ESI earnings again way way ahead of street estimates. Can not remember the last time ESI did not produce and earnings number that was not hugely ahead of the street estimates.