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Corrections Corporation of America Message Board

  • lucretialb lucretialb Oct 11, 2010 1:02 PM Flag

    Apparently NOT time to be nervous

    Indian Cycle came out again a month ago when the stock was $20 (now 25) stating that it was time to be nervous and recommended a strong sell. Since then CCA announced a major contract and increased their earnings estimates. Not many companies have come through this depression with up earnings and additional funds from operations. IC has been wearing his fur robe for 9 years back when the stock was 98 cents adjusted prior to this 2500% increase. Let's hope he does not wait many moons to cover his short or he could run out of wampum.

 
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