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Corrections Corporation of America Message Board

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  • pkn4mom pkn4mom Sep 11, 2000 8:52 PM Flag

    Newbie here. To buy or not?

    If I had my PZN in an IRA I would buy more now.
    Unfortunately that's not the case for me, so I'm going to put
    in a limit order and try to catch a cheap buy
    ex-dividend. (Though I have doubts that it'll drop much.) I
    won't "buy all I can"--just a modest amount to average
    down my losses--my cost basis goal is 7 and I'm not
    quite there yet. The way the Nasdaq has been behaving
    lately there should be some stellar buys coming up--sure
    wouldn't want to be caught short on cash because of this
    company! Whatever you decide to do, I'd recommend that you
    think of it as a gamble, not an investment. It's a more
    realistic approach to the risk at this point in time.

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    • I thank you for your kindness in responding to my
      post. I have been reading this board since 5/99 but
      only lately got the nerve to ask anything because I do
      not understand that much. I'm thankful for anomomity
      or I probably wouldn't have asked. I try to watch
      for particular posters and I always value your
      opinions.

 
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