I think its oversold and time to buy. RAD is solid even with the market correction I'm comfortable buying it.
No change that I see in the chart. I expect it will be testing the 52 week low soon and especially with a market correct on the way.
Raises the question does Bloomberg have a large investment in ITT stock?
And looking at the chart over the last 2 years exactly what has changed. Nothing I see. The pattern seems to be repeating down and the only thing that will change it is more students not cutting expenses. If the student enrollments don't increase the company won't be around.
Seems like there isn't a month goes by that there isn't some kind of negative news about this company. I'd say this is more of an out right gamble than an investment.
If i remember correctly didn't this stock take a beating along with the others in the 2008-09 time frame? Like I said its been pretty beat down but that don't mean it can't go lower.
Should see a nice move up in TZA next week. The fact that the Nasdaq and TZA are up at the same time I think tells me TZA is oversold.
"So if you can make the equipment affordable and accessible, in theory, solar should be a great option for all kinds of Americans."........Which is precisely why BIG ENGERY interests won't allow it.
All good reasons, but I sold recently because what's bothering me is the fact that we haven't had a market correction in a long time and the old saying when the tide goes out all ships are lowered often times is true. The fact that this has fallen so much over the last year could make a case for it won't go much lower, but I prefer to sit and wait with dry powder for the correction at this point.
Investor confidence may be restored, but that will be short lived with declining enrollments. You can cut costs to the bone and make the numbers look a little better, but again those kind of desperate measures only go so far. Their reputation has taken a big hit and unless they can change that the writings on the wall IMO.