no, i am not a short. i want to invest in LRN considering long term growth of this company. but who are the typical kids who would enroll in virtual school. the public schools are free, lunches are subsidized, and most importantly, the kids get to socialize, which is the most important criteria for their growth. who would let their kids become enslaved to computer and enroll in virtual academy. i just don't believe in the business model.
Not sure where you live but my child will NEVER attend a public school in Charlotte NC. Not only does the LRN curriculum offer a better education from most public schools. Look at all of the F rated schools.....I'll skip the free lunch. The US education system is already to far behind and screw leave no child behind.....we just "dumb down" our kids rather than challanging them
If you don't believe in the business model don't by this stock. I for one believe in it and think it works well. Education is not free at a public school. The states pay the school to educate your child. You pay it through taxes.
As for who would go to such a school. there was recent article in the paper that gave a great example of why this one child uses online schooling. Unfortunately it was not K12 but an example of why it works.
Hercules student thrives at online 'school" By Kimberly S. Wetzel West County Times Posted: 01/01/2009 04:30:58 PM PST Updated: 01/01/2009 04:30:59 PM PST A robbery at gunpoint may have been one of the best things ever to happen to Julian Edwards. The 16-year-old Hercules resident, who used to attend Hercules Middle/High School, often was harassed by classmates who beat, robbed and threatened him because he was more interested in music and art than girls and cell phones. To make matters worse, Julian said his teachers dismissed him as one of the same troublemakers who tortured him.
Hercules student thrives at online 'school" By Kimberly S. Wetzel West County Times Posted: 01/01/2009 04:30:58 PM PST Updated: 01/01/2009 04:30:59 PM PST
Julian's mother says her repeated reports of bullying to teachers and administrators fell on deaf ears, and her son became distracted and fell behind in school. "It would just never end," Julian said. "I would get home, do my homework, and go to bed. Then I'd get up and go through it all over again." Things changed in February, when an after-school trip to the store turned ugly: Julian's classmate thrust a gun at him and demanded his cell phone and iPod. Julian smacked the guy with his skateboard and ran. Fed up, his mother took him out of school the next day. "That was the icing on the cake," Jeanine Edwards said. "I literally was sitting up in bed with tears streaming down my face that night. And I thought, what are we going to do?" The answer came from an unlikely source: a commercial for Insight School of California, a public charter high school where teens earn a diploma online. Now Julian, a junior, attends "school" in the comfort of his own home, free of bullying, judgmental teachers and the time restrictions a regular brick-and-mortar campus requires. His prime "school" hours? About 9 p.m. to 2 a.m., when his mom often finds him fiercely typing away at assignments. "I do really well at night," Julian said, smiling. Insight allows students to take courses, participate in class discussions and do homework and quizzes through the virtual world of a school-issued laptop. Julian "attends" the recently opened Insight North Bay branch, where teens living in Contra Costa, Sonoma, Mendocino, Lake, Napa, Solano and Marin counties can learn tuition-free. The charter is overseen by the Windsor Unified School District in Sonoma County and is funded on a per-student basis like other California schools.