Saturday, August 3, 2013

Strayer Shines In The For-Profit Black Hole

A few short months ago, the negativity in for-profit stocks appeared to be at a peak. But many of the issues have hair on them, so even though I wanted exposure at those appealing price levels, I couldn't get comfortable accepting many of the individual risks. So as discussed here, I took a basket approach. That is, small positions in a lot of hated firms. Since then, many of those issues have exploded upward in price, as my timing was pretty lucky. There is at least one notable exception, however; shares of Strayer University are even lower now than they were then. Read more...


Anonymous said...

Can't read the article. It's only available to paid seeking alpha customers. Is this the intent?


Saj Karsan said...

Hi Justin,

Unfortunately, yes. The article was free for the first 30 days, but Seeking Alpha's terms don't let me distribute the article after that.