Corrections Corporation of America Message Board

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  • RetiredPaperman RetiredPaperman Nov 5, 1999 2:48 PM Flag

    Another PZN Insider Purchase

    While I appreciate your concern with my
    well-being, you'll feel better knowing it's misplaced.


    To address a few of your points - Am I really upset
    with the company? Well, yes. It's trading at 9 3/4
    with a 52 week range of 9-27. I guess you bought at 9.


    Trying to scare people away? Management needs no help
    from me in this regard. Doing a fine job without my
    assistance.

    "..stressful life...time on the computer...get a life...down
    forever..." I retired at 37 and do exactly what I want 24/7.
    Four healthy kids all in private schools. Beautiful
    wife who makes $500k a year. I could go on but you
    wouldn't believe it anyway.

    "Associated with
    lawsuits" No, I'm just a shareholder not even participating
    in the suits. But you really scared me with that
    sooooooo bad thing.

    "Hold on" Many of us have, from
    25 to 9.

    "Speculative scare tactics" Would
    you be referring to today's post 7632 where I say
    that I've maintained my position and reinvested my
    dividends because I find the macro environment so positive
    and I think we can become successful despite our REIT
    status if we can get the occupancy numbers
    up?

    "Even if you only get preferred stock at year end, your
    (sic) still getting the 18% plus dividend" You must
    have special shareholder status because the rest of us
    are receiving a tax liability along with our
    distribution.

    Otherwise, I think your post was well
    documented, well researched and well written.

 
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