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The GEO Group, Inc. Message Board

  • polegoat polegoat May 19, 2006 4:46 PM Flag

    buy CPV stock

    your CEO says he's going to get governmental units to build prisons and then GEO will operate them under contract. This caused CPV's stock to crater. I strongly suggest that you listen to CPV's conference call today where they answered everyone of your CEO's points. If GGI buys CPV for stock, your earnings would go up about 46 cents per share immediately even with the increased stock count. This doesn't even take into consideration the rents CPV receives from other prison operators other than GEO.

    Cost of new prisons are 30-40% higher than the prison values shown on CPV's books. Read my posts on the CPV board.

24.44+0.18(+0.74%)2:59 PMEDT