I bought EDU and it has gone down almost 22% since. Anyone here have an educated guess what's next? I am retired and 61, and my ira (which is where I own stocks) is all I have. Thank you for your answers. S
I hold EDU and like the business but have lately felt it may be stretched at current price. I'd personally be wary of relying on this for retirement. But who knows? It recovered quickly from the trough in which you posted, and is volatile enough that you'll probably see your purchase price again before too long.However the short/mid-term concerns me some. The PE is around 60 while new student growth is less than 9% and competition is increasing. There are some rosy forecasts for the next year but it's difficult to see how they'll maintain these ratios going forward. I hope to be proven wrong!David
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