Summary
APOL management has to go - too much time has been wasted and zero progress has been shown under this regime.
APOL continues to be a horrible story with zero hope on the horizon - this company's chances at long-term viability are shrinking by the quarter.
APOL's saving grace right now is its liquidity, but even that is evaporating quickly - cash flows are shrinking in a big way.
Get out of this name before super aggressive shorting and blanket selling takes place further.
Link: http://seekingalpha.com/article/3063596-apollo-education-calling-for-managements-resignation-and-a-board-refresh