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ITT Educational Services Inc. Message Board

  • oxledge oxledge May 5, 2012 3:10 PM Flag

    Who sells ESI down $5 on 125,000 shares

    On Thursday ESI fell $5 on 125,000 shares (which actually may be double or triple counted volume - in other words the real volume sold may have been as little as 40,000 shares). I was amazed. Why would anyone sell ESI shares off almost 7% on such low volume on no news and do so when everyone knows that the company is buying back so much stock. Anyone with half a brain knows that they could hang out with their sell oder for a few days and be taken out over time at the level before the $5 decline.

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    • LOL! Oh Ox, you obviously don't even have half a brain. There was a signficant news event that caused the sell-off last Thursday. Aparently your "analyst" skills are lacking if you weren't able to identify it. Sounds like you could use a few semesters in ESI's CJ program, not that it's helped anyone else that has taken it!

 
ESI
3.71-0.19(-4.87%)3:43 PMEDT