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The GEO Group, Inc. Message Board

  • richer_or_poorer richer_or_poorer Aug 6, 1998 12:33 AM Flag

    CCA Under Pressure

    There was a very in-depth article in today's Wall
    Street Journal regarding CCA and their inability to
    control a facility they operate in Virginia.

    In
    sum, they have had numerous stabbings and a recent
    escape. Apparently, they're trying to house maximum
    security prisoners in a medium security facility, and are
    doing a very poor job of operations. WSJ blames their
    fairly rapid growth.

    Although the article isn't
    real positive for the industry in general, let's hope
    that it will make WHC stand out.

    We moved up
    today...everyone get ready. I'd like to see the insider trading at
    this level. I wonder if any options have been
    exercised in the past few days....if so, get ready for a
    move to the upside!

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GEO
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