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DeVry Education Group Inc. Message Board

  • davenport_mba davenport_mba Oct 17, 2012 11:15 AM Flag


    Yesterday was BPI, today was APOL. One after another for years now, it has been who's the next big loser to leapfrog the next.

    Nothing but bad news. Lawsuits, schools closing, DOJ, SEC, and DOE investigations, horrible front page press scaring away students, horrible placement figures making headlines and causing the next round of congressional review, nothing but bad news on bad news.

    COCO is going to be next yet again in the hot seat with its earnings report. It already has schools closing with reimbursement of tuition and investigation of executive compensation (that's your company ripping you off if you don't know) issues in play. Now there will be another round of horrible news put in play.

    Where does it end? Look at the numbers. Many of these companies are going out of business and already are well on their way.

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    • Not to state the obvious (you do have a Davenport MBA after all), but the kind of environment you are discussing is almost always the best time to begin slowly averaging into a sector (I've been investing for 24 years and it has worked well over this timeframe).

      Devry seems the most fully-valued of the bunch, and probably needs to come down quite a bit more. However your comments continue to be nothing but stating the obvious. Congratulations - the for-profit education sector is in the dumps (what can you tell us that we don't know?!).

      Also, your comments on COCO are the pinnacle of stupidity. COCO is the only for-profit stock higher than October 2011 (it was at $1.75/share back when CECO was at $16/share, APOL was at $43, Devry was at $42, etc). In other words, most of the beating is out of COCO shares. If you are short, cover and short something else.

      Honestly, you really come across as not knowing anything about this sector, and you can probably do more good to your cause by not posting your comments.

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