Well I broke down and bought some WHC today, that is tough to do when I work for a state where the threat of privatization exists, I am afraid that it is the wave of the future and don't what to find myself left out in the cold. I thought WHC looked more attractive than CCA.
YES, i was also surprised stock was down, .875 of pzn seemed
to be a + for cca shareholders, in the long run things should
work out well i believe, such a growth company that will now
pay a dividend , in the short term things may be a little rocky
WHEN cca earnigs come out things should look a lot better.
WHC, earnings report should be very positive, this may propel
us higher.i believe it will be out friday the 24th..
IN the bidding process for new contracts, since the building of new prisons is capitol intensive,it will be benificial to be able to offer, either NO COST TO GOVERMENT, by building the prison yourselph owning it in return for the right to run it for a 15 to 20 year contract...
this reit offering will bring in an initial 300, mill lets say..
when cxc started its reit it went frome about $20 to
40 per share within a few months, a possible profitable investment to buy shares on the first day of trading!!!!!!!!!!!!!