WHC seems to be having management problems in their NM facility. Took their regional director from Texas and made him a warden at this troubled facility. Two inmate homicides in a month plus firing of renegade officers and supervisors. Seems there is a shortage of good managers for this industry.
Personally, I am getting a little frustrated and impatient with this company.I know the company is a very good, strong and promising company. I see all the news, and it is always good. I read all the buy recommendations. Yet the price of the stock can`t seem to get out of it`s own way. In my (very unproffesional) opinion, this stock should be worth $40 RIGHT NOW. Someone please tell me that I shouldn`t sell. I`m long here and have been seeing this thing stalled at 27 for what seems like forever. Any advice?
The timeliness of the stock price is low. The announcements of new contracts is one thing, but the momentum of the stock price is downward at the moment. So it is in a "hold" position.
Individuals recommending WHC have been saying the company is a money making machine and keep buying. One thing- I bought into this because bottom line it has to have solid management and credibility sooner if not later. This is a business that cannot afford to have small problems not to mention big ones.
Someplace where my fluffy dust settles, your worries need no more advice. Rather the general postings are saying it to you over & over. Dream Master, alone, should do in any fears with his outlook. Want more? Okay, my dust estimates WHC current value at $36.50. Perhaps your attention can be placed on buying at bargain prices.