10/28/2012

Short squeeze potential in this oversold stock: BPI (Bridgepoint Education)


BPI: Bridgepoint Education, Inc. provides postsecondary education services. It offers associates, bachelors, masters, and doctoral programs in the disciplines of business, education, psychology, social sciences, and health sciences.
This strong short squeeze potential has an improving capital structure and strong balance sheet. Michael Price and Joel Greenblatt reported addiding shares for the second quarter ending 06/30/12. 

Historically cheap valuations based on multiple metrics like sales or book value.  BPI was buying back shares, increasing cash and book value over the past 3 years.

Current Price = $9.80
Qtrly Revenue Growth (yoy):  6.80%
Enterprise Value/Revenue 0.19
Enterprise Value/EBITDA (TTM): 0.70
Market Cap:  520.85M
Enterprise Value:180.63M
52-Week Change:-54.55%
1 week return = -11.38%
6 month return = -51.38%
 Held by Insiders:  2.07%
% Held by Institutions1: 103.70%
Short % of Float (as of Oct 15, 2012):27.30%
Shares Outstanding:   52.88M
Float: 17.05M