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The GEO Group, Inc. Message Board

  • JAVELIN2625 JAVELIN2625 Jun 8, 2001 2:51 PM Flag

    WHC HIT A LOW

    of $5.94 on December 20 as the year end tax sellers drove it down. For anyone who bought in December, that buyer has doubled their money in six months. It's not surprising that such an investor would sell on a double in six months, especially in light of today's market conditions. But the selling has been on relatively light volume which is a good sign that the equity will soon be going back up after the selling pressure is over.
    In my opinion, WHC has the potential to reach at least $20. Three years ago it reached above $40 on significant small fund buying. I doubt that will happen again but at $20, WHC is a good company with a good future.

 
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