Based on my past examination of ESI earnings reports, be prepared for negative spin from press and shorts
I have examined closely the past earnings reports events for ESI and it is clear that there has been an organized smear campaign in place on every report. Maybe others do not see it this way, but it looks obvious to me. Herb Greenberg is the major shill for the short sellers and is always spinning ESI earnings reports negatively, even when earnings were coming in way ahead of expectations (which has been something like 23 out of the last 24 quarters). Other press reports follow, all focused on any possible negative. I have hardly seen a positive comment on any ESI earnings report. One would think at least there would be a few quarters where there would be some commentary like "ESI reports earnings ahead of expectations again". Or whatever. Instead, it is just the opposite.
It will be more of the same this quarter I think. I am expecting all sorts of negative press regarding enrollments, earnings levels, student loan defaults, cash flow, and so on. Longs in this stock should not be expecting any favorable reports from the press on ESI, regardless of how the earnings report really looks. That does not mean that the shares will go up or down. I just don't expect any support from the press. I wouldn't be a holder of ESI shares unless you are of a long term mindset. The short term price action stuff is too difficult to figure out.