What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Scholastic Corporation - Quote Info
SCHL Revenue     17-Feb-08 09:48 am    
So, When you're bored on a Sunday morning, you start reading Scholastics annual reports, trying to figure out if this is a good time to short the stock.

I see in the 2007 report that 53% of SCHL revenue comes from Childrens Book Publishing (read that as Harry Potter for the most part).

The 2007 report doesn't include revenue from the last Potter book, so the 2008 report won't look terrible. Year ends in May. But watch out for 2009 revenue and earnings. Fiscal year runs from June 2008 - May 2009.

Stock currently trading north of $36. 3rd quarter earnings will be announced in late March.

Looks like a good time to start a long term short, legging in between now and mid-March.

Once the Potter revenue starts fading away from this company ($250 million a year??), and no other big blockbuster on the horizon, the stock will start a steady decline down.

I'm going short Tuesday 1000 shares for around $36. Hope to be short 5000 shares by earnings release a month from now.


Sentiment : Sell
Rating :
 (2 Ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

mike_intexa...

45/Male


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
SCHL Revenue
mike_intexa... (2 Ratings) 17-Feb-08 09:48 am  
 
My 3200 shares short (average at $35.58), got cove...
mike_intexa... Rate it 16-Mar-08 10:01 am  
 
puts are cheap at the $30 apr strike,large sw...
damian661
Online Now
Rate it 26-Mar-08 02:57 pm  
 
Get out while you can scholastic is goin...
cbillw Rate it 30-Apr-08 07:09 pm  
 
Year over year their business model is generating ...
kangal_1999 Rate it 30-Jun-08 06:36 pm  
 
50+ a year ago... 16.60 as of today and no end in ...
jacksack594 Rate it 11-Nov-08 09:39 pm  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Scholastic Corporation (SCHL)

Chart for Scholastic Corporation (SCHL)
On Nov 25: 26.10 0.00 (0.00%)
Symbol Lookup