Do you think that the lawsuit settlement will hasten or prolong the demise of EDMC? And, do you think there will be more layoffs at the end of this quarter?
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Hey look at me I'm Jason Fridley and I walk around all day with a spit cup and bad breath I also steal change and food from my co-workers desks when I'm not complaining about my ex cheating on me and paying $900 a month in day care fee's for a daughter I'm not sure is mine because I always fall for whores.
LET THE JIZZ RAIN DOWN ON YOU CLOWNS
Idiots you are. By the time of getting ride of ceo/greed t nelson (who brought in the fraud activities just like he did at Uni of Phoenix) it was a sign the making truckloads of money and bonuses days were over...ps hang around and see how bad the spiral will be
This company is garbage....your company getting jizzed on!!
Please do not ruin holiday festivities.
Open houses are Saturday! Have a protest at your local Ai
Stocks are a moot point. 8.1% are inside owned at EDMC. The volume being traded is negligible. Its still a penny stock, kids.
Since the DOJ ruled they only plan to hold EDMC accountable for less than a measly percent of the original asking price, why can't all affected students strike similar deals? Because, fraud.
If I were to calculate my new total using the 99.11% discount EDMC got on their ruling, I would only owe $1112.50, and that would still be a ripoff!!!
More bad news? You've peaked my curiosity. Do tell
Sounds like you are in the know, need to share this information you have.
It won't be years. That stock means nothing. There is more bad news coming. It's a doozy!
The sobek case is still open and others will follow.
There will be more layoffs soon, but the company will still be in business for some time. KKR bought EDMC for a reason
Sorry this hurts the feelings of the haters!
Your question is an interesting one because you ask will EDMC fold now or later not even considering that it could last as a long term business. The stock is up 140% to 17 cents a share which says that settling the lawsuit gave the business a jolt much as massive layoffs would. We know the stock price is meaningless but as an indicator it has some value here. The government could have closed EDMC and it didn't. As long as EDMC gets students to enroll and government money it can operate but years of losing money and the fact that KKR doesn't want to run colleges and the CEO doesn't even have a background in education indicates that EDMC will take as much as they can out of the business. Meaning selling off schools, closing and phasing out programs. Their reputation was bad and now it s horrible and all over the press. I can't see it having more than a couple years left. The quality of their product - education - keeps getting worse. Even adjuncts are leaving along with the full timers. Morale among students and faculty is horrible. No one wants to work at the fraud school.