ESI will not break $32 in the next month. What possibly makes you think that? Are you dreaming? What reason should anyone to have to pay that much for ESI yet?
"University of Phoenix Degreed Enrollment was 287,500, a 17.0% decrease from the prior year third quarter, and New Degreed Enrollment was 38,900, down 24.5% from third quarter 2012."
Do you realize how ugly the above quote from today's APOL release actually is? The downturn did not magically end this afternoon. There is more ugliness ahead for this entire industry. These companies are hated and have been dying. Free and cheaper online alternatives are proliferating. These stocks make great trading vehicles, but are not investment vehicles until these horrible trends show that they are coming to an end.
ITT is different from APOL, ITT is technical institution, more career focused,its majority students are adult with more determination also in better financial situation. I feel quite confident after read its annual report and quarterly report. Good financial condition. The management seem know what they are doing, things are in control and positive. for only one reason, 7.8 mil shares buy back, just buy buy and hold, start to trade in its 30s