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K12, Inc. Message Board

  • palosparkflash palosparkflash Oct 9, 2013 3:25 PM Flag

    Forward PE under 15 now

    Today's shellacking has dropped the forward PE to under 15. I think shorts were screaming that LRN was over priced at $30-35 share. They were right. # of shorts was 4.8M. That is the entire trading volume for today. Even though it looks over done, shorts are still in control here.

 
LRN
12.74-0.14(-1.09%)Sep 2 4:05 PMEDT