Prison Stocks

V

vanzandt

CXW....

There's gonna be a fortune to be made on the bounce... more to follow.... gotta do some DD here real quick. Timing is key. These f****er's aren't going away.... this gold.
 
Really? I think these companies are going to zero. Private prison population peaked in 2012 and has been declining. It's only about 10% of total inmates country-wide, so reshuffling them to public facilities is not gonna be that difficult. Oh, and the physical real estate is worth nothing (of course, they will try to sell it to the government but that will be tough).
 
sle said:
Really? I think these companies are going to zero. Private prison population peaked in 2012 and has been declining. It's only about 10% of total inmates country-wide, so reshuffling them to public facilities is not gonna be that difficult. Oh, and the physical real estate is worth nothing (of course, they will try to sell it to the government but that will be tough).
More...


Yeah... all that could be true... but I'll close this position by 4PM so I could care less.
 
Great Trade, I played GEO and CXW for a scalp after the final downward trade halt. I thought of buying the PUTs on GEO and failed to execute because I was chasing SALE while adding to my position in LITE and HWAY. The Puts could have been bought at $.50, such a dork I am because they ended up going to $12. Good trade catching the bounce, if I still had my T3 connection I would try more nano-flash trades. Getting a bit too old to do the same trades I did when I was in the 20s
 
If I recall correctly, GEO is more diversified globally, so if there is any hope of a comeback, that might be the better play between the two if looking at anything longer term.

Not that you are Zandy :D
 
You must log in or register to reply here.
Back
Top