[Editor's Note, December 10: This article has been revised since original publication, as the author has made changes to the content]
CECO: Better and Cheaper Despite a Much Safer Story
There have been some interesting developments at Career Education Corp. (NASDAQ:CECO) over the last several weeks. The stock could be one of the most favorable risk/reward opportunities on the market at this time, and a massive liquidity injection following the sale of CECO’s international segment for over $2 per share as well as a solid 3Q earnings report have both made the story much better. CECO is now “one of the most liquid companies in its sector” according to change-agent CEO and has a clear runway to...