“The cheaters usually get caught--just never soon enough. Plenty more heads will roll.” Anonymous executive in the for-profit education space Given our longstanding bearish stance on...
READ MORE >“It’s real the pain you feel, you trust, you must confess Is someone getting the best, the best, the best of you?”- Foo FightersOften wrong, never in doubt…. If we could use...
READ MORE >This is something we obviously did not see coming, but based on the action in WPO shares over the past 6-months perhaps someone else did. In retrospect, we should have given greater attention to...
READ MORE >“And you all know how the story go….Not bad meaning bad but bad meaning good…”- Run-DMCWith all due respect to Monsieurs Simmons, McDaniels, and Mizell we doubt that they...
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 >In many respects, WPO’s 2Q12 earnings results represent a complete validation of our short thesis on the stock. At a time when it appears most bulls on the stock own it based on some theoretical breakup value, two...
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
$4
SELL
$50
SELL/SHORT
$45
SHORT
$18
SELL/SHORT
$5
SELL/SHORT
$42
LONG
$75
LONG
$128
SELL/SHORT
$50
SELL/SHORT
$50
LONG
$5.50
SHORT
$50
SHORT
$28
LONG
$65
LONG
$37
PAIR TRADE
$10
PAIR TRADE
$30
LONG
$35
SHORT
$35
SELL/SHORT
$10
SHORT
$101
SHORT
$15
SHORT
$0
SHORT
$9
SHORT
$0
PAIR - LONG BGG/SHORT TTC
25%
PAIR - LONG BGG/SHORT TTC
25%
SHORT
$14.00
SHORT
$22
SHORT
$15
SHORT
$20
SHORT
$31
SHORT
$35
SHORT
$30
PAIR - LONG KNL/SHORT MLHR
25%
SHORT
$100
LONG
$8
LONG
$20
SHORT
$22
PAIR - LONG CSGP/SHORT LOOP
40%
LONG
$35
SHORT
$275
SHORT
$0