Aspen Group Inc. (ASPU)

[economics101]

Lots of buys today, great volume, hit a new 52 week high!

[economics101]

Agreed! Just got to weather this storm.

[twointen]

Wow. I really thought this wold pull back to about .18
If this holds it is very nice support.
I'm happy either way as long as the company has the cash to get to the next level.

[economics101]

Looks like someone has already taken advantage. There are two 500k buys according to iHub trades.

[twointen]

Yes, I saw that. It may be an outstanding buying opportunity.

[economics101]

Bad news today with Aspen's largest shareholder Leon Cooperman:

http://www.cnbc.com/2016/09/21/watch-leon-coopermans-biggest-positions-get-hit.html

Probably explains the huge volume. Hopefully it doesn't impact the university as a whole too much.

[economics101]

CEO update on stock price:

"First, we will be sending out a proxy in the next several days to announce our annual -- our upcoming annual shareholders meeting, which will be held on Thursday November 3rd at 3pm in New York City. In the proxy, we will be seeking approval of a reverse split of our stock in the range of 1 for 10 to 1 for 15. This is a critical step necessary to achieve the minimum share price necessary to uplift on NASDAQ, which is a goal of Aspen over the next 12 to 24 months."

Source: Q1 2017 Conference Call

Fantastic news everyone. Profit towards the end of this fiscal year, and potential Nasdaq listing in a year or two. I hope everyone is taking a long term approach here!

[economics101]

Some kind of a pullback is inevitable, but this run the past 1+ month has been amazing!

[twointen]

Looking forward to buying more when it pulls back to about .18
Then we will see it start the climb into the next earnings report. JMO

[twointen]

Yes! This enrolment growth was much better than expected!

[ccharon86]

some nice buys before the close. I love earning winners. I say we have nice Pop sometime tommorow and some action Friday!

[economics101]

Absolutely! This was my favorite part:

"Aspen just recorded its highest enrollment quarter in the company's history, all during our seasonally slowest summer period, which is a testament to the strength of our ‘pay-as-you-go,' debtless education business model. Our conversion rate increased to a record 11.2% in the quarter while reducing our cost of enrollment (CPE) for the quarter to $703," said Aspen Group Chairman and CEO Michael Mathews
. "As a result of our continued operating success and strong execution, we began increasing the size of our enrollment center this quarter and plan to double in size over the next 120 days."

Read more: http://www.nasdaq.com/press-release/aspen-group-reports-62-increase-in-revenue-for-first-quarter-fiscal-2017-gross-margin-increases-20160914-00948#ixzz4KGUlWyEc

Stock closed nicely today, and we're getting closer and closer to profit! IMO, it's only a matter of time before the stock starts to make a major move. Can't wait to read the transcript on the conference call.

Good luck to all!

[twointen]

Outstanding report.

[twointen]

Good luck to all. I think there may be a decline after earnings but we will be higher in 3 months. Profitability is within a year but watch out for politicians (those that hate private education) after the election!

[economics101]

Nice good luck. Earnings tomorrow!

[zino]

Bought in yesterday

[economics101]

Great volume today too!

[economics101]

The following is of course just my opinion:

ASPU is in a unique situation. I feel they have successfully differentiated themselves from other for-profit schools via their debtless education program. With that said, since they are such a small school, they (and their program) have yet to really get much publicity. They havent actually made a profit yey, but are getting close (I'd say proft in 1-3 quarters). They do have billionaire investor Leon Cooperman backing them, so its not all fluff.

The amount of success they have achieved thus far is amazing, but it has yet to be reflected in the stock price. Its tough to tell what the price will/could reach. I have hope that the stock price could hit multiple dollars within 5-10 years, which would make its market cap in the hundreds of millions. It would still be smaller than CPLA, DV, and STRA in this scenario. If this doesnt happen, its certainly possible one of these for-profits buys them out, which would also yield a sweet return.

With that said, another larger school could potentially try and replicate this process (as much as ASPU denies this could happen). The for-profit mess in general could drag ASPU down with it. ASPU is betting heavily mostly on one industry (nursing) continuously growing (>50% of revenue comes from nursing students). Hundreds of other things could happen and as with any stock, there is always risk (especially in penny land).

Im planning on holding, but I'm a beginner long term investor with a somewhat large position in the company and have much to learn and experience.

Best of luck to you, I hope you break even at the least.

[macjoubert]

Pretty interesting uptick, I got into this stock in 2014 @.27c.
Im wondering if I should just close at 27c or do you guys suggest holding.What sort of long term price are you guys anticipating this will reach?
Any thoughts on the ramifications of the ITT tech fiasco on this long term? - thnx

[twointen]

Another strong day on heavy volume.

[economics101]

Leon Cooperman that is.

[economics101]

Just secured a line of credit with largest shareholder too!

http://finance.yahoo.com/news/aspen-group-secures-3-million-120100779.html?_device=desktop&.tsrc=applewf

[twointen]

Thanks for the info! Today's presentation looks most interesting.
It also looks like we are breaking through that resistance. The chart is looking much better.

[economics101]

Looking good again today. FYI, here's some information on the investor conferences they're presenting at this month:

Wednesday September 7, Gateway Conference:

The 5th Annual Gateway Conference is an invite-only conference presented by Liolios, a comprehensive financial communications firm. Gateway was designed to bring together the most compelling companies with the nation's top institutional investors and analysts. This year's event features more than 90 companies from a number of growth industries, including technology, business and financial services, consumer, digital media, clean technology and life sciences. The format has been designed to give attendees direct access to senior management via company presentations, Q&A sessions and one-on-one meetings. For more information, visit www.gateway-conference.com or www.liolios.com.

Friday September 23, MicroCapClub:

MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $300m market cap) trading on United States, Canadian, and UK markets. MicroCapClub was created to be a platform for experienced microcap investors to share and discuss stock ideas. Investors can join our community by applying to become a member or subscribing to gain instant view only access. MicroCapClub's mission is to foster the highest quality microcap investor Community, produce Educational content for investors, and promote better Leadership in the microcap arena. For more information, visit http://microcapclub.com

[twointen]

Nice volume too!

[economics101]

Twenty cents today!! Hasnt been there in a long time. Exciting stuff!

[twointen]

That's a great sign with earnings in less than 2 weeks!

[economics101]

Wow, someone bought over 150k shares today at a price of 0.185!

[economics101]

Absolutely, this thing can't stay in penny land for long once profit starts coming in. Last I heard, that should happen in a few quarters.

[twointen]

I'll take 1/2 cent a day everyday. Hope it keeps on going!

[twointen]

Yes! Very nice. Looking forward to the next two reports.

[economics101]

Nice run today on good volume!

[economics101]

Yep, lot of buys today according to iHub.

[twointen]

Looking better. Hopefully the beginning of a long steady sustained rally.

[twointen]

I think you did good.

[economics101]

Yeah I agree. I just bought another 50k shares this morning and am overweight here.

[twointen]

In my opinion. I think the move is coming after 2 more quarters. They said in the conf. Call that they will be burning capital until the aparent inflection point. They seem to project about 9-12 months out. I am in and look forward to holding. Once the move starts, you will miss the train.

[economics101]

Yeah, I wish someone would have asked a question about shareholder returns during the conference call. As you said, sounds like we have to be patient. My guess is at least another year before (hopefully) serious movement.

[twointen]

I agree with you on this. The news was very good. Should have moved nicely today. Only fair volume for the amount of good news. No one is paying attention. I'm holding.

[economics101]

Absolutely. I was hoping to get more in the 0.12s but I missed it unfortunately.

[twointen]

This 0.14 stock is knocking on the door to profitability. The growth is outstanding. I've been following it for about 9 months. I'm happy with this one. We'll see where it goes.

[economics101]

Well, saw this earlier today:

http://finance.yahoo.com/news/internet-earnings-preview-jul-27-135601234.html

Probably doesn't mean anything, but I'd say it's somewhat notable that they are being included here, especially with bigger, better known companies like Facebook and Shutterfly.

[keyotee]

Well I cannot disagree with anything you have said about the company. Maybe it will catch fire.

[economics101]

I'm sure that is part of it, but we've also had a significant amount of volume each day the past few weeks. That's coming off a stretch where we barely had 50k shares traded per day. Hopefully that means something.

In the end, the company has had nothing but growth and positive news that past few years I've been here. Hopefully our patience pays off in the end.

All of these executives getting so many shares to join the company have to be compensated at some point. My guess (hope) is the stock will start moving towards the end of this year, with bigger moves next year.

[keyotee]

It may just be a lack of interest in this sector, that is my feeling.

[economics101]

To be honest even though we saw that thing about no dilution it certainly feels and looks like heavy dilution the past few weeks.

[keyotee]

This is just a boring sector, that is the problem.

[keyotee]

Maybe someone knows something.
.

[keyotee]

It would appear so.

[economics101]

Did someone just dump 130k shares?