|From: Lionmaster (Rep: 6020) reply to elfrisio||Date: 08/07/2012 17:17|
|Forum: Wall Street Pit - Msg #2301071 - List BPI msgs ||Thread #673438243 (Rec: 0) |
|Re: Lion suggest you compare these 2 to see how dire the enrollment declines in C...|
They did not lose $40M per quarter, a lot of that is goodwill writeoff, they are projected to be in the black next year.
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| Reply to elfrisio - Msg #2301070 - 08/07/2012 17:15|
Lion suggest you compare these 2 to see how dire the enrollment declines in CECO have become.
Also- they did NOT buyback anyshares last Q and most likely wont for forseeable future.
They wasted a ton on buyback at $9 and above. They are losing 40++ million in cash per q and enrollment declines expected to CONTINUE per CEO.
This is the definition of a dying/dead business.
S&P target 2.5 and below as cash declines.
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