I appreciate that management is doing it's best to cut costs and get the schools sold, but some of the initiatives are making me really worried about CCi's financial situation. I am environmentally minded so I think the new saving paper initiative is awesome, but I am also concerned that CCi's stock has fallen to 18 cents. I invested much of my savings when it was at $2-2.50. I am beginning to think I won't make a profit, or possibly even make my money back. It seems like many people on this board are negative but I thought I would ask anyway since most of my co-workers seem pretty down these days. Any thoughts?
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We never bought into the stock option because we had been observing the downward momentum over several years. Have you tried talking to a professional about it?
As for Socle, Jack has no concerns unless the AG can build a case against him for a conflict of interest or cross funding, misappropriating CCi funds and not properly disclosing it to stakeholders. After all, everyone of thepeople currently at Socle worked for CCi before hand.
GLTU all
I received an email today saying that it's business as usual (i.e., no changes are being made) and that "our students are our best assets," not our faculty, not our curriculum, not even Socle. Look at a graph of the stock price over the last 5 years to see where the company is going.
Yes, hopefully the troll without stock and who is not a CCI employee will recover his pretend money.
If you have any extra funds it might be a good time to buy and average down so that your exit price is lower. You can buy a lot of stock at .19. things seem to work themselves out, I highly doubt the stock will go to zero with the asset sales. Do you think Jack wants to take a loss on this for himself and his stakeholders? GLTU
Anonymous26031: CCi doesn't have a long, long time. Hopefully there will be a boost so you can recover some money.
26015, thanks for the advice. 26012, I would love for the stock to get to $5 a share but doubt it ever will, at least for a long, long time. I'm thinking the announcement of a sale might get it up to .$1-$1:50. If it did, I would just sell there.
Once you get that big job at ITT tech to support you and your 3 kids, then you'll get ITT Stock right? I'd hang on to all of it until you become a millionaire. In fact, hold your breath until then. Starting . . . now. . . .
You're a troll, Camden Kid.
Anonymous26012: You are being cruel! At this point, you might as well wait and see if something unexpected happens to boost it. Maybe the announcement that a sale agreement has been reached will get the market's hopes up. I would say the long-term prognosis for the stock is zero.
Wait and sell for $5 per share.