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A for-profit, post-secondary education company which serves the growing segment of the population seeking to acquire career-oriented education.
Background: For-profit schools were doing a bit of predatory recruiting of students and approving students for money when they had no chance in paying it back etc. So now they are under the regulatory interrogation light by the government. Hence a stock dive worthy of the Italian national football team. I think that regulation will help an industry like this and that they are in a good position to make money off of providing a service that tons of recently unemployed (or English Lit/Theology grads like me!) need in order to like, find jobs. Value play (the only kind!)Check out http://batting450.wordpress.com/2010/12/12/caps-pick-corinthian-colleges-coco/ and look for me to do some due diligence on their numbers (ie: the legwork) later.
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