Good luck trying to catch the falling knife. GOOD LUCK!
Federal funding for these wasteful "educational" institutions has turned from a tidal wave to a trickle. Few will survive and be much, much, much smaller. Game over.
You must be a newbie. You know they have delayed audited financial statements for 2013 and it's more than half way through 2014, don't you?
Did you sell your $13.50 position in GALT? Or, are you buying more of it at $5.30 range?
Easy money and ripping off student loans game is over. That bubble was like the real estate bubble.....IIT may or may not survive.
Because things are worse than people are aware for them to push the CEO out. Maybe why this is why it plummeted so much today. That insiders and funds learned about this before the PR was sent out after the closing.
The retail buyers are the last to learn.
According to FinViz, nearly 50% of the outstanding shares of ITT are currently being held short, or bet against by investors that the price of the stock will fall.
You are the guy who said $0 by end of June. Then $40 by end of July. Now you say $20.
Loser. Guys, this is who you are in bed with....
Every single one of them are pure gamblers that have lost so much money.
These are the people who pumped this stock up that is worthless.
Again, just follow all their histories. That is who you are in bed with.
Can't get better than that with a dead cat bounce. BUY!!!!!!!!