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The GEO Group, Inc. Message Board

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  • FranklinHunterMail FranklinHunterMail Dec 10, 1999 10:03 PM Flag

    Interesting Posts on CRN's board

    I'm also certain there's stock available to
    short. The last time I checked there were about 300k
    short, down from approx. 850k in March 99. I know the
    person that covered the 500k in March. He was using it
    as a hedge against another investment in the sector.
    He covered the short after the company failed to
    include certain revenue in 4Q results, which were
    reported in March.

    What your broker should have
    told you is his didn't have stock available to short.
    WHC is not widely held and not all firms have stock.
    However, if you pushed the issue, I'm certain your
    broker's firm could borrow stock from another that holds
    stock.

    Hope this helps.

 
GEO
37.04+0.29(+0.79%)Sep 19 4:06 PMEDT

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