Posts Tagged ‘call’

New Position: Apollo Group, Inc. – APOL

Posted in New Position on February 25th, 2009 by STO Trader – View Comments

I haven’t had time to finish my research post yet, but that didn’t preclude me from entry into a new position. After checking into DeVry, Inc. (DV) this weekend, a similar stock that looked like a decent play was a bearish setup on Apollo Group, Inc. (APOL).

Both of these equitites have been doing quite well considering the recession currently going on with most of the rest of the economy. Academia is where people tend to flee to when they either can’t get jobs and/or are working to bolster their qualifications in a more competitive job market. However, it currently looks like both are primed for a little breather on their run. read more »