Thu, Dec 25, 2014, 5:31 PM EST - U.S. Markets closed for Christmas


% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

  • newMK newMK Nov 11, 1999 7:43 PM Flag

    Michael Price - that's it!

    That's the guy I was thinking of when drawing an
    analogy regarding Dreman. He bought 15% of Vencor, and
    many jumped on his bandwagon. They formed a REIT in a
    taxable spin-off transaction.

    The shareholders
    paid tax on the value of the operating company stock
    they received (about $12) with cash out of their
    pockets. Those that didn't sell now have stock worth
    zilch. But they still have their REIT stock (VTR), with
    suspended dividends and a bankrupt tenant. Perhaps that was
    one of the three out of 10 that Price was allowed
    under the Lynch success formula.

37.94+0.05(+0.13%)Dec 24 1:04 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yahoo! Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST