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Corrections Corporation of America Message Board

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  • newMK newMK Oct 20, 1999 5:43 PM Flag

    badly broken

    "The market obviously foresees something that
    those of us that are long this stock do not..
    "

    I think the market forsees the same things we see:
    a CEO who has been consistently wrong for the past
    18 months, and who misled investors and analysts, if
    not outright lied to them; a failed financing
    strategy; dividends in excess of cash flow; a company
    forced to curtail growth; uncertainty over the form of
    the special dividend; an incomprehensible
    relationship with OPCO; and on and on.

    So, knowing all
    this, why do I keep holding the stock? Beats me.

 
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