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Corinthian Colleges Inc Message Board

  • longtimefollower longtimefollower May 7, 2014 4:06 PM Flag

    Now own 3.4%.

    What can i say? I like the stock. They are PROFITABLE going forward. They are not hemoragghing like a Radio Shack, or other truly "walking dead" outfits. They are highly likely to get a new student lender, and a bank covenant waiver (for what was a technical default anyway) in the near future.

    i think the Street is crazy for selling this one down this much. The more real "risk" at this point is "reversion to the mean." Which could also trigger massive short covering. If they don't go bankrupt in the near term (which would seem a preposterous scenario), a major rally is pretty much "built in" now.

    The pendulum has swung too far. It may swing farther, i suppose, in the very near term...but i'll keep buying, if it does.

    Sentiment: Strong Buy

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