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ITT Educational Services Inc. Message Board

  • swingtrader76 swingtrader76 Aug 24, 2012 5:03 PM Flag

    Going Lower

    New multi-year low on heavy volume indicates institutional investors haven't finished liquidating. The shorts are even covering and it doesn't stop the downward momentum. Oh where oh where are those buybacks when you need them? Oh wait, I know, the fundamentals are collapsing and they're running out of free cash to buy shares. Just as I predicted. Why would anyone stay long right now?

 
ESI
8.31-0.63(-7.05%)Nov 28 1:04 PMEST

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