Growth is real. I have two K12 homeschoolers who just finished 7th and 8th last year. My son is about to enter the 9th grade - which is a new program here.
No current position. The light went on over my head to start researching them because I could see the growth when I took the kids for testing over the course of last year. (we go to a convention center here in DFW)
exactly democrat state legislatures can only continue to do the bidding of the teachers unions for so long...with more and more parents clamoring for the virtual charter option its an inevitable turning of the tide...it will happen might take time might be slow but its happening trends are there and teachers unions exist bc they care about themselves not the students cowards
"All of this bodes well for K12, which should see significant growth in the next few years, as more students continue to adopt alternative learning and the company expands into new states. If the company can continue its current pace of enrollment growth it will likely double its enrollment by 2012. And because the company’s fixed costs are basically stable, increasing enrollment means a nice boost to margins."
"As of July 10 the short position in the stock was at 24.9 percent, reflecting what we believe to be the mistaken belief that state and federal funding will not continue to support the nascent virtual school movement, because they should not be considered true public schools."
K-12 does have another thing going for it that I have not seen mentioned here. The recession. How can that be good you ask?
Seems the local private schools in my area are having trouble getting students to return for the 2009-2010 year. Tuition is just too high. Many still don't want to use the public schools are trying the cyber charter schools.(They are free.) Don't know if these people will stay with the cyber schools, but it will raise enrollment for the short term.