Thread regarding Corinthian Colleges Inc. layoffs

@Assembly

@Assembly. Just put some stop loss orders on your shorts. As I said before, the problem with doing a short NOW is that I suspect the investors already have priced the bad news. I don't see any of the for profit schools doing any better for the forseeable future. I suspect that the industry is likely to die off in 5 to 10 years. CCI is probably going to decline among the fastest since the vast majority of their enrollment is at the AA level. Unfortunately from the perspective of shorting the stock, the stock is already at $2.45. CCI annual report comes out before the Monday market open.

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