Thread regarding ITT Educational Services Inc. layoffs

Here Comes the (Depressing)Story

http://finance.yahoo.com/news/itt-educational-services-announces-conference-121500263.html......."conference call at 11:00 a.m. ET on Friday, October 17, 2014, to discuss its 2013 operational and financial results, its preliminary, select operational results for the second and third quarters of 2014, and other matters affecting the company.

The public is invited to listen to a live webcast of the conference call. It may be accessed by following the "Live Webcast" directions on ITT/ESI's website, located at www.ittesi.com. Webcast participants are encouraged to log in prior to the 11:00 a.m. ET start time to ensure connection before the beginning of the call. An archived version of the webcast also will be available on the website for replay until October 17, 2015."

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Post ID: @OP+y6nN0sp

4 replies (most recent on top)

I can find no link nor directions for this conference call scheduled for 10/17/2014 on the ittesi website...

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Post ID: @1Lzq+y6nN0sp

This doesn't seem like good news.

October 17, 2014

07:34 EDT ESI ITT Educational reports preliminary Q3 new student enrollments down 9.5%

07:34 EDT ESI ITT Educational reports preliminary Q2 new student enrollments down 8.1%

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Post ID: @1sYN+y6nN0sp

Anonymous44119, it's crazy when education has become a matter of short-term stock speculation and insider trading by banks and hedge funds. It's difficult to understand the huge shift in this stock beyond a typical "short squeeze" which should have been expected. This might signal insider information about mass layoffs and site closings, or inside corporate-friendly information on what will happen with "gainful employment" regulations (information that Wells Fargo may have been spreading). It could also be a rumor about a possible buyer of this stock, which in reality has little value if you count all the liabilities. It could be all of these factors or none of them, but I'd bet CA Regent Richard Blum (Dianne Feinstein's husband) knows.......http://www.theflyonthewall.com/permalinks/entry.php/DV;CECO;ESI;APOL;COCO;BPI;LOPE;APEI;STRAid2083356/DV;CECO;ESI;APOL;COCO;BPI;LOPE;APEI;STRA-For-profit-education-positive-catalysts-outweigh-negative-says-Wells-Fargo

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Post ID: @NJg+y6nN0sp

So tell us what you think is coming. The stock's shooting up as a result of the announcement of the call. Does that mean people expect good news? Or are people taking one last chance to short the stock before it crashes with bad news tomorrow? Enlighten us, please!

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Post ID: @toR+y6nN0sp

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