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The GEO Group, Inc. Message Board

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  • thesuper007 thesuper007 Oct 13, 2005 6:38 PM Flag

    liability iii

    I've watched the tape closely in the this stock and I don't see a lot of active shorting. what i do see is the absence of any buyers of substance whatsoever. the volume is miniscule and so a few thousand shares can push this thing a pt or more. gravity, too, is exerting itself--as the dow goes so goes GEO.

    I think there may also be some concern that the hurricane caused costly disruptions. that plus the closing in michigan has buyers spooked.

    what will change all this? a solid quarterly report and strong guidance. until then, i think this stock drifts with a downward bias.

 
GEO
37.15+0.24(+0.65%)Jul 28 4:03 PMEDT