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K12, Inc. Message Board

  • myclangelo_2020d myclangelo_2020d Jan 7, 2009 10:29 AM Flag

    Market sentiment hurting LRN

    Investors seem to be taking this article to heart:

    "5:11 PM ET 1/6/09 | Dow Jones:
    K12 Inc. (LRN, $17.18, -$1.56, -8.32%), a provider of technology-based curriculum and online education programs to students in grades K-12, and School Specialty Inc. (SCHS, $19.88, $0.47, 2.42%) are among the companies feeling the pinch as school districts prune budgets and cut costs."

    I believe that report is bogus, that LRN will continue to grow, but I am stepping back from this stock for a bit. Prudent.

    This stock should recover later in 2009.

    JMHO.
    -Myc

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9.80+0.40(+4.26%)Feb 12 4:02 PMEST