Thread regarding Corinthian Colleges Inc. layoffs

"Day's Range: 0.09 - 0.15" Market Cap: 8.59M

We're getting close to the $5M market capitalization critical point.

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Post ID: @OP+xC78H1e

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What happens at $5 million market cap?

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Post ID: @ImF+xC78H1e

All that this tells you is that we are basically bankrupt. There is no turning back from here.

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Post ID: @BnE+xC78H1e

It's relatively 'easy' to correct share price with a reverse split, but it is very difficult to correct market capitalization. If CCi actually survives until January 2015, I have to wonder if there will be any attempt to delay the delisting process for the 30 consecutive days closing below $1 share price violation back in June.

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Post ID: @RMY+xC78H1e

I find it hard to believe that people are buying at $.10. Perhaps people are moving from Atlantic City to CCi for the thrill of likely failure.

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Post ID: @M95+xC78H1e

Holy Friggin' Christ! Our stock is actually at TEN CENTS!?! Not that it makes any difference at this point, but it tells you what the investment community (including a lot of experts in our industry) think about our prospects, including potential sale. They think the idea of anything besides straight belly up dead is laughable.

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Post ID: @MU9+xC78H1e

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