fool, people go to these schools when they are unemployed. these companies make money when economy is slow. unemployment has been falling consistently, hence a drop in enrollment. you fools are relating this event to other things. also now that the competition is gone, ITT is the only place to go to.
It appears general markets will start a correction while the money coming out of those stocks will come into oil stocks. tomorrow is going to be the same. General markets will fall while oil/gas stocks will rally. Finally days of shorts are over.
Exactly. The reward is going to be enormous because they are expecting gas prices to double in a short span. Keep shorting and don't cover. Short more on margin to lose quickly. I mean why be agonized eveyday when you can lose it all quickly and get over with it.
Well by that theory it can also turn around and get better. Can't it? And if it turns around, where will the stock be? There is obviously a need for these schools and now that there is no competition, they might come out better.
YUP keep listening to morons. A year from now when CHK is trading above 30, send a thank you note to Nomura.
If shows yet another weekly slowdown in inventories, oil stocks will be up by 10% in one day on the account of new buying and huge short covering. Let's see what happens tomorrow.