Despite all of the levers the company has pulled (cohort default rate “management”, asset sales, off-loading student loan credit risk temporarily, sale lease backs) over the past two years, it finally appears that COCO is starting to run out of...
READ MORE >In some respects, given all that has happened over the past 2-3 years in the for-profit postsecondary education space it’s hard to imagine that COCO is still hanging around. After all, in an era when brand, price, and return...
READ MORE >On Tuesday, October 16th APOL will kick-start the earnings season in the for-profit postsecondary education sector. Investor expectations for the company’s results, particularly surrounding new...
READ MORE >“The investment thesis for us is pretty straightforward, as I said earlier, career-oriented, that's a big deal to us. I mean, we're teaching students how to become prepared for their first job. Not only do we teach them and get them through the process, we also spend a...
READ MORE >After gapping down earlier in the morning, COCO shares rallied over the course of the day to end down only 1% following 4Q12 results and management commentary that should create significant cause for concern among...
READ MORE >Make no mistake, as we navigate earnings season in the for-profit education space over the next 2-3 weeks, the poor operating results from DeVry will look like an accurate gauge of the operating...
READ MORE >Early this morning, the Consumer Financial Protection Bureau (CFPB) released its long awaited report on the Private Student Loan (PSL) industry. The report provides a broad overview of the characteristics of the private student loan market for the...
READ MORE >In case you missed it, I recently had the opportunity to speak with Leslie Norton of Barron's about PAA Research, our approach to idea generation, and some of our latest thoughts on for-profit education, payment processing and OPEN, Z, BGG, and TTC. You can find the full interview HERE.
READ MORE >SELL/SHORT
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SELL/SHORT
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LONG
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PAIR TRADE
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PAIR TRADE
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SELL/SHORT
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SHORT
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PAIR - LONG BGG/SHORT TTC
25%
PAIR - LONG BGG/SHORT TTC
25%
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PAIR - LONG KNL/SHORT MLHR
25%
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PAIR - LONG CSGP/SHORT LOOP
40%
LONG
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SHORT
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SHORT
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