please act accordingly, independent research firm, compelling investment opportunities and ideas
  Companies Followed
   APOL    ARC    AYI
   BCO    BGG    COCO
   CSGP    ESI    GCA
   HNI    HUBB    HURN
   ING.PA    IPSU    KNL
   NILE    OPEN    RGR
   SIG    SWHC    THQI
   TRLA    TTC    TWPG
   WPO    WWE    XOXO
   Z    ZIPR
PAA Research

PAA Research, the owner and operator of, is an independent research firm that provides investment ideas backed by extensive fundamental and primary research to professional money managers and high net worth individuals. The company strives to generate action-oriented investment ideas with high absolute return potential.

Recent Reports

  For-Profit EDU: The Career College Crisis of Summer 2014; Checks Suggest Continued Weakness in Fundamentals – Where Is the Turn?

“The cheaters usually get caught--just never soon enough. Plenty more heads will roll.”
  • Anonymous executive in the for-profit education space
Given our longstanding bearish stance on companies in the for-.....

  Z/TRLA: What Is and What Might Never Be – Views from 400 Agents on Zillow, Trulia, and Housing

We recognize that there are rumors in the market that Zillow could be in talks to acquire Trulia.  We will have more extensive comments shortly, but we wanted to provide you with some insight on what the agent community thinks of these compa.....

  Z: Look at the Listings, the Zillow Ecosystem Might Not Be What You Think It Is – the Fallacies of the Bull Case

“You can observe a lot by watching” -          Yogi Berra As Zillow shares climb to levels we previously never thought possible (amazingly in the absence of any material new news) we have spent the past few weeks r.....

  ESI: In a Shock to No One PEAKS Is Finally Being Consolidated, Now ESI Attempts to Thread the Needle on Financial Responsibility

In a surprise to no one at this point, ESI disclosed in an 8-K filing yesterday that the company’s Audit Committee in concert with the SEC Office of the Chief Accountant determined that the financial statements of the PEAKS trust should hav.....

  MCRS: Closing Out Short Idea with a Loss of (-41.3%), Alpha Generation of 5.8%

Oracle is focused, focused like a laser on one goal over the next few years: becoming the number one company in Cloud computing's two most profitable segments: software-as-a-service, SaaS; and platform-as-a-service, PaaS.”