Nothing is going to happen to the company so what if there are 10 lawsuits in 1 week. I will believe layoffs and changes when I see it. Get over yourself and get back to slaving.
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So 39899, help me with the math here. 4% of the common stock which is less than 16% of the value of the company, is on the NASDAQ and this sector has been a shorters favorite for roughly 30 months. The stock value in real dollars means? How much impact does that have on the operating funds and does that impact the KKR debt management? Woops talking to an EDMC employee. What difference does the stock value make at this point?
So What? Well, the stock keeps dropping, as of today it's 1.03. The record lowest it's ever been in the entire history of the company.
So what if I have 10 nails in my tire, they are not going flat, I will believe it when I see it. There see, just about as naive. Lawsuits cost money and time, just ask any business owner who has been sued what a nightmare it is. 10, at once, I cannot even imagine.