http://www.forprofitedu.com Thu, 02 Sep 2010 15:04:04 +0000 en hourly 1 http://wordpress.org/?v=3.0 http://www.forprofitedu.com/2009/10/apollo-group-gets-hammered-due-to-sec-inquiry/ http://www.forprofitedu.com/2009/10/apollo-group-gets-hammered-due-to-sec-inquiry/#comments Wed, 28 Oct 2009 16:05:06 +0000 onlineedu http://www.forprofitedu.com/?p=449 Apollo group is getting hammered today due to its announcement of the SEC inquiry yesterday.  I would have to agree with JPM & Piper Jaffray’s view on this and believe the market is once again over reacting to EDU news…  Their EPS & Enrollment are above expectations & their retention has continued to improve.  In addition they seem to be closer to finally resolving the Qui Tam case.  Unfortunately (except to those who are buying) it looks like the panic is setting in again.  If it proves to be anything I would doubt it to be is a significant.

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