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The GEO Group, Inc. Message Board

  • hartstoc hartstoc Jul 6, 1998 11:30 PM Flag

    VOLUME

    Interesting action today. Seems that there were a
    lot of holders ready to sell but plenty of buyers to
    come in on the little dab of good news and hold up the
    price. This stock, without doubt, is undervalued at the
    present time. Today IO told me that 54% is held by WAK
    and only 30% by institutions, with very little held
    by WHC insiders. That means that it is on the
    shoulders of individual investors to help this stock back
    up by NOT SELLING JUST BECAUSE THE PRICE GOES UP A
    LITTLE BIT-YOUR PATIENCE WILL BE REWARDED IF YOU ARE
    STRONG WILLED AND HOLD FOR A WHILE!! the sector is out
    of favor thanks to the idiots at CCA, who cost many
    of us dearly, but that could change quickly with a
    short stretch of upward movement.

    I'd love for
    someone to tell me how full of s--- I am, this is the
    deadest board I've ever seen!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • thanks to the idoits at cca whc will be the the
      largest privite corrections company in the world very
      soon and cca will be just another REIT my moneys on
      whc cca very soon will no longer be in the same group
      there will be whc crn cscq city crxs and a host of
      other small companys in the true corrections arena im
      looking for major consolidations in the near future

      • 1 Reply to fludog
      • I can see why you don't know how to spell idiot.
        Read this genius!!!


        Top:Business and
        Finance:Stocks:Services:Business Services:CCA (Corrections Corp. of Amer)


        2:08PM EDTExcellence in Entrepreneurism
        CCA concept
        and company success earns business leadership award
        for Doctor Crants

        CCA Chairman, CEO and
        President Doc Crants was recently honored as Ernst &
        Young's 1998 Entrepreneur of the Year for the
        Southeastern U.S. region. Crants was selected from among
        several nationally recognized business leaders nominated
        for the award.

        The Entrepreneur of the Year
        award annually recognizes individuals who have
        demonstrated excellence and extraordinary success in such
        areas as innovation, financial performance and personal
        commitment to their businesses and communities. Crants was
        chosen from 110 entries throughout the Southeast.
        Winners were announced at an awards banquet in Atlanta.
        Other industries represented at awards banquet included
        health care, technology, retail and manufacturing.


        "The thing that struck me in all of these cases were
        the personal sacrifices and the personal risk
        everyone takes," said Joseph Sansone, a contest judge and
        chairman of Georgia-based Pediatric Services of America, a
        national winner in last year's contest. "Anybody can run a
        business that's successful, but to take a new idea and
        sell it under some adverse conditions and a lot of
        skepticism and stick with it is a true measure of an
        individual's entrepreneurship."

        "The mission that CCA
        was founded upon was to provide quality corrections,
        at less cost, in partnership with government," said
        Crants. "It is gratifying to have the founding principles
        of the company recognized in this way. The credit
        for CCA's success goes to our employees, who carry
        out the vision and philosophy of our company's
        founders every day on the job."

        This year's
        contest is the 12th annual Entreprenuer of the Year
        awards competition. The Entrepreneur of the Year program
        is co-sponsored by USA Today, the NASDAQ stock
        market, the Kauffman Center for Entrepreneurial
        Leadership and the Entrepreneur of the Year Institute.
        Regional award winners are eligible for national
        Entrepreneur of the Year honors.

        "Mr. Crants was
        chosen for Entrepreneur of the Year honors for the
        innovative spirit driving the CCA concept," said Darlene
        Lowe of Ernst & Young. "The type of business and the
        creativity behind it were impressive. CCA is a very unique
        idea. It's a perfect model for other businesses to
        emulate."

        Past award winners-a "Who's Who" of
        national business leaders-include Michael Dell of Dell
        Computer Corporation, Howard Schultz of Starbucks Coffee,
        Leon Gorman of L.L. Bean, and Steve Case of America
        Online. The Entrepreneur of the Year program was founded
        in 1986 by Ernst & Young, a national tax
        services/consulting firm, to honor outstanding owners of fast-growing
        companies.

    • I wish I could tell you you're full of s----, but
      you're right on the money. WHC is in an industry that is
      simply out of favor. The fundamentals couldn't look
      better, and the news is always good. One of my only
      concerns though has been the low trading volume. Even when
      the stock was flying in the 30's, the volume wasn't
      high. I wonder if WAK owning 54% has a real negative
      impact on the ability of the stock to move markedly? I'm
      just going to hang in there for now....maybe it'll go
      back up in the early fall like last year for no
      reason.
      Good luck to you.

      rop

    • When CCA spun off their REIT and then folded
      their primary operations into the REIT, it confused
      everybody that was watching. Personally, I think they made
      the move to hinder WHC's REIT spinoff, but didn't
      realize the overall negative impact it was going to have
      on their own stock value.

      Having the
      operations in the REIT gives CCA some tax advantages which
      makes them a bit more competative, but they stubbed
      their toe trying to kick WHC in the butt.

      Today
      was another off day....let's hope it improves for all
      of us.

    • I'm considering WHC. I personally like the idea
      of privately run correctional facilities. But my
      concern is in the long run and with the "liberal
      mentality" of our governments. Is privatization of this
      sector going to be allowed to grow and continue? The"
      thinking" being that government is the only entity capable
      of "fairly" and "safely" running a correctional
      facility. Any thoughts?

    • Take a look at the numbers CRN @ CSCQ have done
      better than the others as for as stock price but how
      manny new contracts have they gotten lately (inwhich
      they did not buy or take over) WHC and CCA have
      actually been AWARDED new contracts, my opinion for what
      its worth is CCAs merger scared the shit out of
      everyone and everyone is sitting tight right
      now.


      0

    • Maybe it was caught up in the overall market
      sell-off. Last I checked all 7 analysts who followed this
      stock recommend "strong buy." There is only good news,
      with projected 30% earning growth. The faithful should
      really look at this as a great buying opportunity.

    • Yahoo has that information, or you can go to Zacks for more details or even buy individual reports.

    • It's like tying to catch a falling knife. I keep
      buying at lower and lower prices, but it keeps falling.
      Does anyone have any insight to why this is happening?
      Is it the sector in general or is there something
      that is underlying that is driving the stock price
      down that I'm not seeing? I'm with Prudential and they
      tell me to buy. I've done fairly well in the market,
      except WHC has baffled me. Any help would be
      appreciated.

      Thanks

    • Look at others in this industry...CCA, CSCQ,
      etc...and I think you'll see a general trend. Overall, most
      of the companies in this sector who are worth
      anything are reporting good results, but stock values
      continue to be slack. It was this way early in 1997. In
      fact, the stock was in the range of 16 then (and a
      terrific buy), but it bounced back strong and by
      September/October 1997 it was in the 30+ range.

      This sector
      will catch fire again eventually. The target price I'm
      hearing from the analysts is still about $34, but it's
      been that way for a couple of months and is in
      reverse. I hope this is a good buying opportunity, cause
      I'll be getting more if it dips much further.


      Good luck.

    • My ignorance is showing, but is there a way to check the analysts recommendations through the internet? I mean particularly the analysts who follow WHC?

    • View More Messages
 
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