Thread regarding Education Management Corporation layoffs

The stock went down to TWO cents on Friday and closed at SIX cents. http://www.otcmarkets.com/stock/EDMC/quote

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| 581 views | | 2 replies (last September 20, 2015) | Reply
Post ID: @OP+DzkfSG2

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If you follow the link it reports that the stock is up 33 percent to 6 cents. I can't imagine that KKR will allow bankruptcy as then EDMC will not be permitted federal funds. The stock holders are a small percentage of ownership. KKR and the DOE control the future of the company. If the stock goes to zero - in this case - it does not mean the company is done. Certainly not a good sign but not the final breath.

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Post ID: @hCc+DzkfSG2

They haven't published any information since last Tuesday. They are hiding something. They are probably about to announce Chapter 11 bankruptcy. It is not possible to see what the price was last Friday.

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Post ID: @Fi8+DzkfSG2

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