Can Corinthian Colleges Inc.(COCO), Career Education Corp.(CECO), and Armco Metals Holding Inc.(AMCO) Reverse Their Current Decline?

Posted by admin February 16, 2015 0 Comment 596 views

New York, NY – GDP INSIDER  –  02/16/2015.

This article discusses 3 companies Corinthian Colleges Inc.(NASDAQ:COCO), Career Education Corp. (NASDAQ:CECO) and Armco Metals Holding Inc.(NYSEMKT:AMCO).

Corinthian Colleges Inc(NASDAQ:COCO) stock continued to fall on Friday dropping 27.59% to $0.0210 as the embattled college looks likely to be delisted from NASDAQ on Tuesday. Corinthian stock has been falling since the summer when its funding was restricted by the federal government and has made matters worse for itself by not filing any quarterly reports for the last three quarters. NASDAQ has announced it will be suspending the stock on Tuesday and Corinthian has not submitted an appeal to this ruling. Best option at this point is to sell any holdings until the situation is resolved.

Will Corinthian Colleges Inc Emerge As A Winner? Discover How Corinthian Failed Its Test With NASDAQ, Click Here For A Free COCO Analysis.

Career Education Corp.(NASDAQ:CECO) had been performing well since the stock hit a 52 week low of $4.39 at the beginning of June. But the last week the picture has not been looking as rosy ahead of Career Education Corp releasing its Q4 and annual earnings on Tuesday. The company announced on Thursday that the President and CEO had resigned and the stock closed down 14.76% at $5.34 on Friday following the news. If Tuesday’s earnings fail to meet expectations then the stock will drop and may not meet its 1 year estimate of $6.

Is Career Education Corp A Smart Investment Option? See If The Company Can Pass The Test With Our Free CECO Analysis, Just Click Here.

Armco Metals Holding Inc.(NYSEMKT:AMCO), the metal ore trading and distribution company has been having a difficult year in line with many other commodity related companies, as the stock continues to fall from its 52 week high of $5.80 in March 2014. Only 50,000 shares traded on Friday compared to the 3 month average of 136,000. The stock closed down $0.11 to $1.38, a fall of 7.38% far lower than January 1 when the stock was at $2.40. If commodity prices recover then this stock could be an opportunity long term.

Should Day Traders Consider Armco Metals Holding Inc? Delve Into The Details And See Where Armco Could Be Headed Next With Our Free AMCO Analysis.

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