Corinthian Colleges, Inc. (NASDAQ:COCO)

CAPS Rating: 1 out of 5

A for-profit, post-secondary education company which serves the growing segment of the population seeking to acquire career-oriented education.

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Player Avatar albaitis (97.31) Submitted: 11/4/2010 1:01:10 PM : Outperform Start Price: $4.09 COCO Score: -33.89

stock has 28% of float shorted right now.
P/E under 3.
Price to book under 0.5
Depressed price and many fears because investors are worried about breaking 90/10 rule (meaning that the institution is making over 90% of their money from the govt. which could result in some fines)
The company owns over 100 separate colleges. They aren't going anywhere.
I see lots of hidden value here. This company is barely trading above the value of its PPE and it seems obvious that there are lots of intangibles involved in education.

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