Stock is now up 36% since the analyst downgrade and today is hitting a 2 year high. I fully expect that they will blow through their all time high very shortly. Considering that sales, profits, margins, growth and cash are all far higher than they were 2 years ago there is no reason not to be optimistic.
Now if only that Credit Suisse analyst will maintain her neutral rating we should be fine. Her downgrade occurred at the low point for the year.
If she raises LRN back up to a buy I might sell some. LOL
practically anytime K12 is presenting at some sort of tech conference hosted by a bank the stock gets a nice bounce. CEO packard knows how to sell this company and its prospects. And especially this time since he seems to truly believe now that the worst is over....lets hope it keeps climbing