From Jim Cramer's post today on CCi: "It's worth noting that Soros purchased 69,000 COCO shares in Q2." So what would George Soros be doing buying our shares? Granted, that's only about $7K at our current prices, so not a big commitment on his part, but why? Why would he even bother with that?
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Don't forget that she can't assume AG. She has to be confirmed by the senate. Good luck confirming her if the GOP controls congress.
she's good lookin
Precisely.
Kamala has hated us for a long time. I don't see how her career prospects improving would in any way lead to a stock boost for CCi.
I would. Kamala is a top contender for Attorney General position vacated by Eric Holder. In case you don't follow finance or news.
We are called CCI, not COCO. Coco is a stock market term. The company is called Corinthian Colleges, or CCI for short. Internally, nobody would ever call it COCO.
George Soros? That's an odd purchase indeed
Still not getting how student debt is our biggest asset. The only way that's true is that the feds (according to the rather vague Business Week article) are trying to avoid forgiving fed loans, so may bend over backwards to get us out of our mess. So in that way I guess our students' debt load is something of an asset.
...or ask Kamala Harris, though she might be enroute to DC today.
If you can't figure out who "we" is, then my best advice is to go ask Soros.
40360 -- So you're saying he has insider knowledge of a stock boost but that it won't help us? How would it help the stockholders then? And how is student debt an asset at all? Didn't we just sell our Genesis debt at four cents on the dollar? We don't hold Title IV debt, the government does. What would the feds' "purchaser" purchase?
Because Soros is in bed with the current administration and knows what the feds and their appointee "purchaser" are about to do. Remember, student debt is COCOs biggest asset.