TSRI is a Nasdaq play that needs to be on your trading screen right now! TSRI has a float of less than 1m and is being shorted hard after its run up the other day. Shorts are unable to take control so any upward momentum could cause this stock to FLY
To halt the slide in the stock the board of K12 should institute a dividend. Paying out $10 million each year or about 0.26 a share would yield a 2.5% dividend at the current price. K12 generated over $123 million in cash flow last year and is selling well below book value.
It is time the directors stepped up and supported the stock through private purchases (not options) and a dividend.