Davenport.....you are such an unbelievable #$%$....you were dead wrong on Devry before its earnings and so you have decided to come back to the COCO post now....hilarious
There will be no driver with the for-profits until we experience another recession as this sector is counter-cyclical......and the stock will trade up way before someone like you sees the "driver".....but my guess is you are too stupid to recognize this.
So keep crowing all you want, and keep ripping on the company that trades at 3.4x 10-year average earnings, relative to the S&P 500 trading at 20.8x......I'm sure you were the one pushing a buy on Apple when it was trading at $700/share, or 44.6x 10-year average earnings......no better way to lose money than to listen to someone like you who depends on the market to tell him what to do
So keep crowing all you want, and keep ripping on the company that trades at 3.4x 10-year average earnings,
10 year average earnings? So we're doing current valuations in the rear view mirror? Wow. In that case, you're buying EK, NOK, RIMM, BAC, GE etc. on what they used to earn. Let me know how that works out. Enough said. That is the stupidest metric ever opined on the planet.