I have traded COCO many times. I have no position and after today's action I am only a watcher. With those great earnings and excellent foward looking statements the stock sold off from a good move up. It is clear to me the 'smart' money thinks that an investigation is going to implicate COCO and other educational stocks in a revenue recogintion scheme, or an improper loan scheme. Something must be going on, otherwise COCO would be trading near $ 20 a share. Be careful.