devry university came out after the market closed today and said they aren’t going to be doing so great this next quarter. I guess costs are rising and tuition is falling. That doesn’t sound like a good combo.
here’s a link to a good story on it http://blogs.barrons.com/stockstowatchtoday/2012/07/23/devry-plummets-on-profit-warning/?mod=BOL_hpp_blog_stw
i figure if devry is struggling getting tuition dollars, i bet apollo is going to be struggling too.
Trade Details
- The Ticker: APOL
- The Trade
- Buy to Open Aug 2012 25 Puts at 0.60 or better
- Trade Opened: July 23, 2012
Chart courtesy Finviz. Click to open larger.
I am not buying into this whole ESM is going to solve the Eurozone's problems theory. The ESM has too much austerity built into it to be practical. Call...">Betting Against the Europeans and Spain (SAN)
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