All of you dudes; I have been in this pos for quite a while. It has split at least twice since I have been abroad.
At the rate we are locking up people this is a no brainer.
Bronx Dude: I am with U. We are on to a winner here. Also we can brag to our friends that we invest in the prison business. A steady growth business. Very few have escaped from Alcatraz and even less from Riker's Island. Even so, we still need GEO. Nobody builds a prison like GEO. Bed Bug free facilities. Just like Stalag 13 in Hogan's Heroes, - well not quite, because there has never been an escape from Stalag 13. However, very few escapes from GEO prisons.
Has anyone ever escaped from GEO jail? I doubt it! Nobody builds prisons better than GEO. Reminiscent of Stalag 13 in Hogan's Heroes. Colonel Klink used to boast that there never was an escape from Stalag 13. Now GEO is continuing on in the tradition of secure facilities.
Sentiment: Strong Buy
I just opened a core position in GEO.. I remember watching a documentary a few years ago on VICE that mentioned GEO Group and the ethical delimmas of making money with privitized prisons. At the time the price was around $16 and i have been following it since. I had funds locked up in other stocks but always reconmended GEO to collegues ( I work in law enforcement) and watched them make profits. Now im in at $43.50. Who's with me?
The Big House means Big Profits. GEO is a wonderful long term investment. How cool is it to brag to our friends that we are invested in prison facilities?