Thread regarding Education Management Corporation layoffs

Why is it that no one at EDMC seems to know what it means to have a total market capitalization of just one million dollars?

Surely if someone here knows how a stock market works and how to interpret financial data they could say based on the financial data when EDMC will be closing for good? Does anyone here have an MBA?

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Post ID: @OP+IBXdD2U

8 replies (most recent on top)

All other comments the OP is mistaken as to market capitalization simply based upon a stock price set in a minor exchange months after the company was taken private. There are all sorts of assets at EDMC companies that would far exceed one million dollars even in the worst fire sale. Turning around a corporation after Goldman Sachs squeezes all the blood out of the rocks is a daunting task. I wish them luck for the students, faculty, and remaining reputation of the various education companies.

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Post ID: @1kqn+IBXdD2U

EDMC and the Art Institute couldn't design itself out of a box. I guess that is what happens when you have no standards for talent except if you qualify for a student loan.

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Post ID: @1xvs+IBXdD2U

@ 1 duh - YES pathetic & a huge joke! & kiss asses, it's so ridiculous!

Leadership? That "so called leadership" on campuses all they do is push over & have others DO their job, cause they are too occupied on social media or figuring which dollar menu to buy from!!! :)~ Don't be a pushover, so pathetic!

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Post ID: @1amb+IBXdD2U

EDMC is the most pathetic in education, if you call it that. What an embarrassment that place is and so many of the leadership team... Complete joke they are. :)

GO TRUMP!!!! :)

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Post ID: @1duh+IBXdD2U

You're so right. It doesn't make sense anymore. What also doesn't make sense are the online AI ads trying to recruit students into what is now a defunct system.

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Post ID: @bsc+IBXdD2U

I believe the vast majority of EDMC's value is held privately

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Post ID: @tim+IBXdD2U

They can get an MBA from Argosy University? That should solve their problems!

Historic day today! EDMC stock hit $0.0081. I didn't think they recorded that low of a number. If EDMC was your grandmother, you would have pulled the plug by now. The fat lady is taking her standing ovation.

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Post ID: @ghw+IBXdD2U

An MBA from EDMC is AOK🤑

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Post ID: @zfm+IBXdD2U

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