Not so Profit Shares. A look 20 year look at For Profit Education | $COCO $APOL $DV $EDMC

Corinthian Colleges 20 year
‘enlarge’

With the for profit education sector buzzing as earnings season kicked off with Apollo Group cutting guidance we felt the need to share a few 20 year charts……

What we found interesting about for profit education company share performance is all shares took off around 1995 and gained 25 to 30x in value before collapsing to their present values.

Both Apollo and Corinthian shares topped out in the late spring of 2004.  Shares of $COCO fell from had a comical 20 year journey from 2.66 a share to 39.19 a share back to 2.66 a share today. The pump then the dump.

APOL 20 year 

APOL shares rose from .85c to 93.01 a share before falling to 20.94 today. Decent return.


EDMC – 4 year 

 $EDMC was listed in october of 2009 trading up to 26.98 before collapsing to 4.51 today. The 2012 low was 2.84.

DeVry 20 year

 $DV moved from 2.59 to 74.36 before falling to the 25.24 today. Still a nice 20 year return.

 

Related Hedge Accordingly Content
Bloomberg Television’s economics editor Michael McKee spoke with San Francisco...
H∆ Top10
Fed's Lockhart: Strength of the economy needs to be taken as tentative conclusions
Fed's Plosser: continued low rates may not heal labor markets; The longer we wait, the bigger we risk we'll have to raise interest rates faster when the time comes
Alan Greenspan: U.S. running out of buffer in economy; Stocks to see significant correction.
San Francisco Federal Reserve President John Williams expects rate rise to occur mid-2015
Bullard: Job gains point to earlier rate increases; sees dual risk if Fed is late in raising rates.
Charles Plosser: Fed is getting closer to its objectives for full employment and price stability.
Chart we Am Watching Going In The Afternoon (QQQ)
Real-Time Charts
Buffett to Bloomberg TV: Dimon had to bare throat like a wolf in submission to watchdogs
Herbalife CFO John Desimone on Ackman: Big Bark, Small Bite: $HLF may sue

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly