The Art Institute of Las Vegas Review: Stock Drop

This is more of an outlook at the Art Institutes as a whole, more specifically, their parent company, the Education Management Corporation (EDMC).  EDMC operates Argosy University, The Art Institutes, Brown Mackie College and South University.  AI schools, in 2011, made up more than half of all students under EDMC.

**Quick update - It is February 12th, 2015 and EDMC stock has been around $0.25 since the beginning of December!**

To see the state of where EDMC (and AI) stands right now, all you need to do is take a look at its stock.  It is at the lowest it has ever been.  After the closing bell on July 29th, 2014, it stood at $1.41 a share, but at $1.28 at the time of this writing at 10:30 P.M.

(EDMC stock in the last five days. Source:  MSN)

(EDMC stock since October 30th, 2009.  Source:  MSN)

 

This is probably due to government looking at what schools to cut funding.  In my Spring Quarter of 2014, EDMC launched a massive outpour from its students to please contact Congress telling them not to cut funding to its students.  It even induced some audio students at one of the Art Institutes to make a not-very convincing video to help save student choice.

 

I'm half tempted to buy some EDMC stock.  It's dang near as low as it may get, so buying it is quite the risk, but who knows?  The corporation might find some way to make its stock rise again.  At $1.50 a share, and buying 200 shares, that'd be a nice bag of cash if it made it back to $10.

 

But I'm not that big of a gambler.
 

List of all the posts I have about my experiences at AILV