Maybe my point wasn't clear. I agree that many successful investors buy depressed stocks and do well at it. RAUGAR has not been a BUYER, he has been a SELLER, according to him. He claims to have no interest here. Does that mean that you think that bigman herb is successful? Flipper, believe what you want, I think the guy has been less than honest and has been shorting all the way down,JMHO. Good Luck,Flipper
I think you way out of line calling RAUGAR a liar. I have followed RAUGAR since the beginning and he/she has never stated a mis-truth. It is my impression RAUGAR knows a lot of this industry from an involvement years ago.
Calling someone a liar because their opinion differs from you will be very costly to you in the long run in your investment future, IMO. What has RAUGAR "lied" about? Wrong predictions are not lies, and I can't remember him/her being wrong about him/her's prediction either. His "inside" calls seem to be right on the money.
Comments he/she makes about prisons being "white elephants" is true. If it's not a prison, then is not worth as much. Resale prison beds to States has not been promising. Of course this is the negative side.
I don't like to hear negative things about the investments I'm involved with either. But I realize in order to make a sound financial judgement I better find out if the negative information is wrong. RAUGAR has come up with clean marks and you should thanks him for giving you a different prespective than your own, I do. My father always stated the only way to really learn about an issue to read opinions counter to your own.
The truth is we have been given bad information for CCA for quite some time about the real occupancy issue. If you followed this story long you should be well aware where the lying has been from.
As you know, I've been around for awhile,like you, before RAUGAR started posting. I agree that he has been right about the direction of the stock. I also have little doubt that he has inside information of some sort. But I would challenge both of you to go back and read all of his posts, especially the posts where he talks about his ownership of shares, when he sold, how many he sold and at what price. You will find tons of inconsistencies. I've always considered you guys to be the more knowledgeable posters on this board-still do. But I find it confusing that you automatically assume that everything he has stated is true and has been in good faith. Not trying to squabble with you or RAUGAR-JMHO. BTW, ever wonder why r7ualj hasn't come back to throw this in our faces? He also was right about the direction of the stock price.