Investopedia: Apollo Still Searching Out The New Normal

One of the most dangerous investment plays for value-oriented investors is an apparently cheap stock of a company that is seeing a serious and significant reordering of its business and industry. That covers for-profit education company Apollo Group (Nasdaq:APOL) rather well, and I admit that I got sucked into what looked like a low valuation combined with a quality company built to last. The stock is down almost one-third since my late January optimism, and though the long-term outlook for the company is still solid, it's clear that this story is going to take time to work.

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http://stocks.investopedia.com/stock-analysis/2012/Apollo-Still-Searching-Out-The-New-Normal-APOL-EDMC-LOPE-APEI0628.aspx