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Corrections Corporation of America Message Board

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  • flipper_58 flipper_58 Apr 7, 1999 9:57 AM Flag

    Value verses Momentum Investing...JMHO

    Fundamentals DO count. With a REIT structure your
    paid out your profits and you can choose what you wish
    with them. If you own a "regular stock" you need a
    buyer for you to make your profit. If your seller then
    the situation obviously is not good.

    Wall
    Street is a moody place. We like privates
    corrections...now we hate it...why? Well the growth rates are not
    1000% any more and Internet Selling Sites are. Whey
    love REIT's they hate them. It's the nature of the
    beast I guess, always has been....into Auto stocks..out
    of auto stocks. When you make money moving money
    around, it better keep moving.

    If your a trader
    then PZN is probably not a good choice. I've always
    felt as a trader you buy high and sell higher..you
    know momentum stuff. It's why internet stocks are
    trading so well, they are moving up well. Of course
    everyone knows they are overpriced..but there going up.
    And everyone always thinks they can get the top tick
    or will get out when they want too.

    IMO, as
    an investor you buy low and sell high...in theory
    anyway. This is disturbing to see the stock act this way
    at a market high...because we know it will go down
    further if the market declines. How it will go? If the
    market is bad you'll probably be shocked by the yield.
    IF you can't deal with that then you should plan a
    strategy what your going to do.

    My advice..focus on
    the fundamentals..not the stock price. This company
    is very cheap as a take-over candidate(I'm NOT
    implying it is though) and that's a very important measure
    I use to decide if I want a stock.

 
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