Thursday, July 11, 2013

FPES

Back in April I wrote about how For Profit Education Stocks had probably become a good value play. Unfortunately, I liked the courage to act on that call. One I profiled was BPI. It was selling at $11 back then. Today, they are looking a opening at $16 as they got accreditation. I had actually written that they employ 4,000 people and I felt it was unlikely they would not get accredited and risk losing those jobs. CPLA is also up 19% since making my final analysis for my May tranche. I guess the lesson (ha ha) here is to have a little more faith in my own analysis and trust in the approach.

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