Is It Time to Sell K12 Stock Short?

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1. Jersey Jazzman says:

   September 15, 2012 at 9:19 am

   From the article:

   “However, money talks and K12 has indeed spent significant amounts of money in lobbying for state approval. The Washington Post notes that K12 has spent over $500,000 (from 2004 to 2010) in “direct contributions to state politicians across the country, with three-quarters going to Republicans, according to the National Institute on Money in State Politics.” And according to the New York Times, Ronald J. Packard, chief executive of K12, has called Lobbying a “core competency” of the company.”

   Says it all, doesn’t it?

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2. Meghan says:

   September 15, 2012 at 12:46 pm

   Wow.

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3. Sandy says:

   September 15, 2012 at 2:52 pm

   Perhaps a lack of “profit” from these adventures/attacks will be the only thing that stops them.
   You’ll have to trust me on this, the Bill Moyers program in the link below is nominally about the Supreme Court, but if you watch/listen all the way through, you’ll see the larger design of the “corporatization” (my word) of democracy, not just education.
   http://billmoyers.com/segment/katrina-vanden-heuvel-and-jamie-raskin-on-the-pro-corporate-supreme-court/

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4. kafkateach says:

   September 15, 2012 at 6:50 pm

   Sell K12, buy Pearson. Pearson controls almost every aspect of Common Core.

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5. chemtchr says:

   September 16, 2012 at 8:18 am

   Go ahead, kafkateach, buy Pearson. But watch out for Shortzilla, when resistance to the Common Core testing regimen takes their big plans for a command market monopoly into the ditch.

   This is funny. Yesterday, after I tweeted the Seeking Alpha story, I picked up a new investment conference follower.

   Does everybody understand why this is an important development? Shortzilla is “on our side” now, because driving down the price of K12 stock will directly profit the short sellers. He/she/it is an excellent writer, and a thorough researcher, and the true story of K12 will now be more and more public. Everybody who joins the short sell position will have a vested interest in exposing wrongdoing by K12.

   Yeah, I know, short sellers are bad because they bet against good enterprises sometimes, and then use their connections to drive them to ruin. They feed on the destruction of productive capacity. Vulture traders, okay. On the other hand, Godzilla came back as a good monster, to fight the even-worse space monsters.

   Just as in the take-down of Kaplan and the Washington Post, reporters will suddenly find editors who will run their stories.

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