wpe50.jpg (1913 bytes)      TigerSoft News Service    8/14/2010         www.tigersoftware.com 

     
       For-Profit Colleges Are Getting An "FF"
                  Fraud and Failure To Educate.


         Shareholders should be MAD AS HELL at the INSIDER SELLING

                  Insiders Got The Word First, Ahead of The Public

                         GAO Finds Evidence of Criminal Fraud.
          These Colleges Depend on Government Subsidized Tuitions.
 
                                           
                                                      by William Schmidt, Ph.D.   (Columbia University)
                                   
  wpe16D.jpg (10878 bytes)

(C) 2010 www.tigersoft.com          Call 858-273-5900.       Email us: william_schmidt@hotmail.com       About Us 

                  See also 
8/7/2010
           DAILY COMMENTS ON BREAKING NEWs, TIGER INSIDER TRADING CHARTS

          and EARLIER TIGERSOFT BLOGS
          http://www.tigersoftware.com/news_updates_to_tigersoft_blogs_.htm    

                         WHY IS ESI COLLAPSING?  WHEN DID INSIDERS DECIDE TO SELL?
                     WHEN DID PROFESSIONALS ON WALL STREET START SELLING SHORT?
                     If you only had looked at the published insider buying and selling statistics,
                     you probably would never have seen this decline coming. 

                     For TigerSoft it was easy:
                                 1) heavy red Distribution,
                                 2) blue TigerSoft CLosing Power making a string of new lows. 
                                 3) Multiple TigerSoft Sells.

                     Only TigerSoft offers these indicators.  Get Them.  Level the playing field.
 
ESI.BMP (1084854 bytes)

    For-Profit Collegse Are Failing Scrutiny of GAO

                           For-Profit Jail Should Get The Heat Next.  Guess who is the biggest financial backer of
                           Arizona's new arrest on sight anyone who looks like they are an illegal allien.  The for-Profit Prisons.
                           would be very big gainers if Arizona starts arresting everyone who looks like they could be an illegal
                           allien. . Source.
                          
Other for profit "public" industries like for-profit-prisons are sure to be treated to the
                           same type of questions that the for profit-schools are, especially in view of the recent escape
                           of killers ftom Arizona's for-profit prison system..
                            Warden, security chief resign after prison escape from a prison ran
                           for profit by a contracting company called Management & Training Corporation

                           Criminal Prosecution of these For-Profit Schools for Fraud is very likely. 
                           Some of the schools have even instructed students about how to lie in order to get Federal Govertnment
                           student aid.  In an era of retrenchment, their lobbyists will have to start doling out a lot
                           of huge bribes to Congressmen. But that's what unlimited corporate campaign contributions
                           are for, thanks to the Supreme Court.   See original article in Barrons.   

                           

Kahn Swick & Foti, LLC and Former Louisiana State Attorney General Announce Filing of First Securities Fraud Class Action Against Apollo Group.


                           Lawyers representing shareholders are getting in the act, too.  APOL's officers are charged with
                           "making a series of materially false and misleading statements related to the Company's business
                            and operations in violation of the Securities Exchange Act of 1934....In particular, the Complaint
                            alleges that despite extensive positive statements by defendants in press releases and SEC filings
                            during the Class Period regarding the Company's operational performance and future growth
                            projections, these statements were false because: (1) defendants had propped up the Company's
                            results by fraudulently inducing students to enroll in APOL's scholastic and educational programs
                            and engaged in other manipulative recruiting tactics; (2) defendants had materially overstated
                            the Company's growth prospects by failing to properly disclose that defendants had engaged
                            in illicit and improper recruiting activities, which also had the effect of artificially inflating the
                            Company's reported results and future growth prospects; and (3) APOL did not maintain
                            adequate systems of internal operational or financial controls, which would have permitted
                            APOL's reported operational statements and foreseeable growth prospects to be true, accurate
                             or reliable.

                            It was only on August 3, 2010 that investors finally began to learn the truth about APOL
                            after the United States General Accounting Office ("GAO") issued a report that concluded
                            that for-profit educational institutions like APOL had engaged in an illegal and fraudulent course
                            of action designed to recruit students and over-charge the federal government for the cost of
                            such education. Following these disclosures, shares of the Company declined precipitously over
                            just a few trading days -- falling almost 10% between August 3 and August 5, 2010, on unusually
                            high trading volume, thereby eradicating over $684.53 million of the Company's market capitalization
                            in only four trading days.: (Source )

                           Below is the Tiger Index for these education stocks.  Note the heavy insider selling in the deeply red
                           readings from TigerSoft's Insider Ttrading Indicator - the Tiger Accumulation Index. Sell short
                           on rallies after you see this and on red Sell Signals.   See our warnings and news about this industry
                           on 8/7/2010.      
                
wpe1A2.jpg (72902 bytes)

              
      This is definitely a time when investors should be watching how Wall Street Professionals
      are treating these stocks.  They are becoming pariahs. They now have a stench of criminal
      fraud.   Watch TigerSoft's now red Accumulation Index for these stocks and the (blue)
     downtrend of their Professional Closing Power.  Click on the links to see these stocks
               
                Reported Insider Sales:            

                           APOL  Apollo Group 

       IINSIDER SELLER     
wpe6F85.jpg (1759 bytes)     His apparent core belief: I find I must have more money, no matter that I am
              one of the 313 richest Americans.  Insider selling?  No moral problem, at all, here.  
              "Sperling, who is so very concerned about California’s carbon footprint, owns more
               than 30 homes." 
wpe6F86.jpg (20631 bytes)       
His San Franscisco $65 million house - no one lives there.       
Sperling sold 700,000 shares of APOL.  Did he know of coming collapse of APOL
because of Congressional investigation's then unreported findings.
Jul 29, 2010 SPERLING PETER VOfficer 55,000 Direct Sale at $47.01 per share. $2,585,550
Jul 23, 2010 SPERLING PETER VOfficer 75,000 Direct Sale at $50.55 per share. $3,791,250
Jul 22, 2010 SPERLING PETER VOfficer 20,000 Direct Sale at $46.56 per share. $931,200
Jul 20, 2010 SPERLING PETER VOfficer 100,000 Direct Sale at $47.67 per share. $4,767,000
Jul 13, 2010 SPERLING PETER VOfficer 100,000 Direct Sale at $43.84 per share. $4,384,000
Jul 8, 2010 SPERLING PETER VOfficer 150,000 Direct Sale at $43.77 per share. $6,565,500
Apr 30, 2010 SPERLING PETER VOfficer 113,821 Direct Sale at $57.44 - $58.2 per share. $6,581,0002
Apr 29, 2010 SPERLING PETER VOfficer 106,279 Direct Sale at $57.80 per share. $6,142,926

Peter V. Sperling (born 1960) is one of the 400 wealthiest Americans, and the son of John Sperling[1].
He is Senior Vice President and a Director of Apollo Group, and a co-founder and Chairman of CallWave, Inc.[2]

                Reported nsider selling varied from one company to another, as measured
    by SEC filings. But when you look at the TigerSoft charts you can see how similar
    they all were.  The unofficial selling was rampant.  Insiders always know first.  They tell
    their friends on Wall Street.  Then the collapses began in earnest, long before the GAO
    report was made public.


                           DV
DeVry
                         
ESI     ITT Education
                          
LOPE Grand Canyon Education
                           CECO    Career Education
                           CPLA  
Capella Education

Aug 3, 2010 HENKEL SCOTT MOfficer 1,200 Direct Option Exercise at $20 per share. $24,000
Aug 3, 2010 HENKEL SCOTT MOfficer 1,200 Direct Sale at $91.55 per share. $109,860
Aug 2, 2010 OFFERMAN MICHAEL JOfficer 4,521 Direct Option Exercise at $20 per share. $90,420
Aug 2, 2010 OFFERMAN MICHAEL JOfficer 4,521 Direct Sale at $92.65 per share. $418,870
Jul 29, 2010 RONNEBERG AMY LOfficer 11,922 Direct Option Exercise at $20 - $53.91 per share. N/A
Jul 29, 2010 RONNEBERG AMY LOfficer 11,922 Direct Sale at $92.44 per share. $1,102,069
Jul 29, 2010 HENKEL SCOTT MOfficer 6,631 Direct Option Exercise at $15.13 - $20 per share. N/A
Jul 29, 2010 HENKEL SCOTT MOfficer 6,631 Direct Sale at $92.70 per share. $614,693
Jul 29, 2010 THOM GREGORY WOfficer 2,500 Direct Option Exercise at $11.92 per share. $29,800
Jul 29, 2010 THOM GREGORY WOfficer 2,500 Direct Sale at $91.58 per share. $228,950
Jul 29, 2010 TUKUA DARRELL RDirector 10,000 Indirect Option Exercise at $15.13 per share. $151,300
Jul 29, 2010 TUKUA DARRELL RDirector 10,000 Indirect Sale at $91.86 per share. $918,600
Jun 14, 2010 THOM GREGORY WOfficer 500 Direct Option Exercise at $20 per share. $10,000
Jun 14, 2010 THOM GREGORY WOfficer 500 Direct Sale at $83.37 per share. $41,685


                           COCO     Corinthian Colleges
                           STRA     Strayer Education linc

Aug 13, 2010 BROCK WILLIAM EDirector 700 Direct Sale at $201.02 per share. $140,714
Jul 30, 2010 MCDONNELL RAYMOND KARLOfficer 17,800 Direct Sale at $236.25 per share. $4,205,250


                           LINC    Lincoln Educational Services

May 27, 2010 ABRAMS EDWARD BOfficer 13,469 Direct Option Exercise at $14 per share. $188,566
May 27, 2010 ABRAMS EDWARD BOfficer 13,469 Direct Sale at $24.18 per share. $325,680
May 26, 2010 MCHUGH THOMAS FOfficer 2,029 Direct Sale at $24 per share. $48,696
May 26, 2010 ABRAMS EDWARD BOfficer 3,989 Direct Option Exercise at $11.96 - $14 per share. $52,0002
May 26, 2010 ABRAMS EDWARD BOfficer 3,989 Direct Sale at $24.18 per share. $96,454
May 21, 2010 SHAW SCOTT MOfficer 71,453 Direct Option Exercise at $3.10 per share. $221,504
May 21, 2010 CARNEY DAVID FOfficer 25,000 Direct Option Exercise at $11.96 per share. $299,000
May 17, 2010 SHAW SCOTT MOfficer 3,896 Direct Option Exercise at $3.10 per share. $12,077
May 17, 2010 SHAW SCOTT MOfficer 3,896 Direct Sale at $25 per share. $97,400
May 17, 2010 CARNEY DAVID FOfficer 7,500 Direct Option Exercise at $3.10 per share. $23,250
May 17, 2010 CARNEY DAVID FOfficer 32,800 Direct Sale at $24.98 per share. $819,344
May 17, 2010 CARNEY DAVID FOfficer 7,500 Direct Automatic Sale at $24.70 per share. $185,250
May 13, 2010 SHAW SCOTT MOfficer 12,104 Direct Option Exercise at $3.10 per share. $37,522
May 13, 2010 SHAW SCOTT MOfficer 12,104 Direct Sale at $25.09 per share. $303,689
May 13, 2010 CARNEY DAVID FOfficer 40,000 Direct Sale at $24.91 per share. $996,400
May 3, 2010 CARNEY DAVID FOfficer 7,500 Direct Option Exercise at $3.10 per share. $23,250
May 3, 2010 CARNEY DAVID FOfficer 7,500 Direct Automatic Sale at $24.83 per share. $186,225

              

                        See how the
Blue Accumulation Index turned Red, showing insiders knew
                        of the GAO investigation's criminal fraud findings.  See how
Wall Street Pros
                        shofted from
buying (uptrending blue Tiger Pro-Closing Power)
                        to showing
Wall Street selling and selling short (falling blue Tiger Pro-CLosing Power)

                       The way to play these stocks is simple.  Trade the trend of the TigerSoft
                        Pro-Closing Power

APOL.BMP (1029654 bytes)
CECO.BMP (1036854 bytes)
COCO.BMP (1108854 bytes)
DV.BMP (1051254 bytes)
LINC.BMP (1063254 bytes)
LOPE.BMP (1024854 bytes)
STRA.BMP (1068054 bytes)
                      
   8/7/2010      http://www.tigersoftware.com/news_updates_to_tigersoft_blogs_.htm

                       Proposals to cut down federal student grants and loans at for PROFIT education programs.:
                      "The Obama administration released a proposal that would tighten for-profit colleges’ access to federal
                       student aid, threatening growth in the industry that received $26.5 billion in U.S. funds last year.
                       The proposed rules released Friday by the U.S. Department of Education would link U.S. student
                       aid eligibility at Carmel-based ITT Educational Services Inc.,
Apollo Group Inc., Career Education
                       Corp. and other education companies to former students’ salaries and debt repayment rates. The rules
                       may cut off access to federal student grants and loans at about 5 percent of all for- profit education
                       programs.
"

                       Very Poor quality education at a high price!    Private Schools Rip-Off
                       Taxpayer and US Government.!

                              Will For-Profit Colleges Make Us Forget Subprime Mortgages?
                       Don Bauder | Published Wednesday, July 7, 2010                         

                       San Diego's local weekly newspaper, The Reader,  should have been using TigerSoft.    Their
                       bullishness was wrong a week ago.    All someone trading APOL has to do is trade the trend
                       of the blue Tiger Professionals Closing Power and watch the automatic Buys and Sells.
                       APOL's prices are heavily rigged by Wall Street Professionals.  This
                       parasitic manipulation of prices is shameless..  But TigerSoft levels the playing field.
                      

APOL.BMP (1029654 bytes)