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Notable earnings after Wednesday’ s close: ALL, ARI, ARR, ATML, ATO, ATW, AXLL, AXTI, BKD,...

Notable earnings after Wednesday’ s close: ALL, ARI, ARR, ATML, ATO, ATW, AXLL, AXTI, BKD, BMR, CACI, CAR, CBS, CJES, CNQR, CSOD, CVD, CVI, CVRR, CWT, CXO, DVR, DX, DXCM, DXPE, EDMC, ESS, EXPD, EXXI, FB, FNF, FRT, G, GLUU, GNK, GTAT, HNSN, HR, IPI, IPXL, IVR, JDSU, KIM, LNC, LOCK, LVS, MAC, MAR, MET, MUR, NAVB, NGD, NLY, NTRI, PHH, POL, PRU, PSE, PXD, QUIK, ROVI, SAM, SFLY, SGMO, SLTM, SNCR, STX, TEG, TGI, TPC, TSO, TTEK, UAN, UNM, V, VVC, WES, WLT, YELP
Comments (2)
  • Onepaw
    , contributor
    Comments (32) | Send Message
     
    EDMC demonstrates this same behavior every quarter. The soothsayers at Barclays predict a price. Everybody buys the puts. After the puts are over so is the stock value.

     

    EDMC has brought on board two heavy weights that suggest the future of the company. The company must know that it has no future in Federally subsidized loans and regardless of the lawsuits may be on the hook for billions in performance penalties. It has a playboy banker who can turn EDMC into a self funding diploma mill. This is opposed to a Government funded diploma mill as it is presently. It also brought on board a grand commander of lobbyists. She will buy whatever protection is necessary to allow the company to either become a self funded lowest tier trade school or to get it moved abroad. Given the fire sale of EDMC properties, overseas is probably looking more realistic. The escape to Canada was so poorly handled that even Huffington Post saw it coming.

     

    So how can there be interest here? It will be a very long story with no end to the two to five dollar cycle until the company makes manifest some credible plan other than "back to basics." Remember this company still has yet to shed a $12 Billion DOJ lawsuit. The latest twist in that suit is a new qui tam suit allegedly exposing fraud and attempts to destroy and conceal evidence by EDMC in the DOJ lawsuit.

     

    Meanwhile the company has very few graduates, and far far far fewer graduates who are employed in their fields of study. The schools have little or no good will, and the degrees have no market value.

     

    The tale is not all gloom and doom. This company has some serious money and political power behind its survival. It is not going to disappear. Rather, the question is what is left of it and how can Goldman make it reappear.

     

    I have some of it. I sell some every ninety days and when the cycle falls I buy some more. The company is good for very predictable earnings, just not much of them.
    30 Apr 2013, 06:36 PM Reply Like
  • alanfj
    , contributor
    Comments (4) | Send Message
     
    Look out, Mr. & Mrs. Retail Investor is about to do an about face! When the S&P hits 1,600 and the DOW hits 15,000 the horses will be mounted and the stampede to the stock market will begin. Get out of Treasury Bonds "NOW"! Happy Investing!
    1 May 2013, 02:19 AM Reply Like
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