Btw, does anyone know if Maj Soueidan and his rigorous GeoInvesting team are still in EDUC (they were as of last Aug. 2016) or have they sold out? (One needs to be a paid subscriber to see their research).
I checked in with Soueidan via twitter and had a productive exchange. My guess is that they did in fact get cold feet after the conference call over the compliance issue and over reduced margins.
He missed the part of the CC, however, that dealt with how the compliance issue was already resolved. Perhaps their move was hasty? And perhaps their move opened up a buying opportunity?
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