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Apollo Education Group, Inc. Message Board

  • dahnshaulis Jun 24, 2013 11:51 AM Flag

    Is the Bad News Baked In?

    Can APOL drop any more this week? I suppose insiders have bought and sold. A birdie tells me to look for more investigations and lawsuits ahead. Some angry workers who were fired who have documented dirt on Phoenix.

    Sentiment: Strong Sell

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    • Lawyers will handle investigations/ lawsuits.

      They were fired, so I imagine thats why they are disgruntled. Would you keep employees around if your business has went down.

      q3 will be the peak of layoffs as announced on the last call. The stock is down due to growth concerns, however with 20% short ratio and a buy back, this could go to mid 20s quick.

      Good luck.

      • 1 Reply to cmxgen
      • dahnshaulis Jun 24, 2013 2:47 PM Flag

        It will be an interesting bloodbath at University of Phoenix. Don't be surprised if new investigations and lawsuits ensue. This workers are not only angry, they have documentation that the SEC will have to look at. Sure, the SEC will probably avoid prosecution, but you may see another loss of key executives.

        Sentiment: Strong Sell

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