A question for serious WPO Investors (if there are any really here)
So, I noticed that WPO has a 13G filed recently for their first ever direct investment into a publicly held company ... until this time they have only invested through investment firms such as Southeastern Asset Management ... they bought 6.6% of Corinthian College (COCO) on 26 April 2013 ... just before the announcement that COCO appointed Leon Panetta onto its Board of Directors ... these signals (Panetta's appointment and WPO's purchase) seem to indicate a change in the beltway's attitude towards For-Profit education ... would be very interested in any connections I may be missing concerning WPO's recent investment in COCO ... thanks if advance.
Technically looking at the chart, it's too steep. Way above the moving averages, and what is attractive about a 2.2% dividend. They are too far left leaning and just read that shareholders are angry with their biased coverage of the March For Life. Look at what happened to the left leaning New York Times, the stock was at $48 and is now at $9. But seriously, too much downside risk vs upside potential and a 2.2% dividend, I don't get it.