Purchased WHC on IPO on 8/94 for 6.00, sold it two years later at
45.00, purchased it again in April and May (double bottom) of 97'
for 16.00, both times and sold it at 36.00 on Oct.97'; Bougth it back at 22.00 last week and looking to double my money soon
Obama Sees a Middle Class Tax of $I.7 Trillion Increase as a Victory read this and vote for Obama if you like it.
–Obamacare law contains 20 new or higher taxes on American families and small businesses–
The Largest Tax Hike in US History has just been upheld by the Supreme Court of the United States and President Obama sees this assault on the middle class as a victory.
The already unpopular 2010 health care reform law has been converted by the court into a $1.76 trillion tax increase funded by escalating taxes to be paid the vast majority of taxpayers. The high court’s ruling leaves in place 20 tax increases in the health-care law, of those, 12 tax hikes would affect families earning less than $250,000 per year, including a “Cadillac tax” on high-cost insurance plans, a tax on insurance providers, and an excise tax on medical device manufacturers. By formally converting ‘Obamacare’ into ‘Obamatax,’ the court allows Obama to raise taxes on the middle-class.
The decision is a distressing blow to taxpayers and represents the single largest tax increase on young people in the nation’s history. When it takes full effect, the Internal Revenue Service will have immense new power and authority to persecute and prosecute a whole new group of taxpayers.
If the law takes full effect, it will devastate small businesses and destroy any chance for a sustainable economic recovery. It will add trillions of dollars to the national debt and push the country toward bankruptcy even faster than current projections. Any individual who believes that
this decision must be overturned must do everything possible to undo the damage that has been done, especially at the ballot box on November 6.
I think you used the wrong adjective when you said the vast majority. That is totally untrue. Of course your boy Romney wants to cut the top 2% taxes and raise the middle class taxes. by $6000.00
IPO on 8/1994 from $6.00 to $45.00 in 24 months.
Double bottom 4/ & 5/97' from $16.00 to $36.00 in 5 months.
December 22/97 from $22.00 to $xxxxx in xx months.
Care to guess how high and how fast?
I say $40.50 by May of 1998.
Reprinted from Dec. 30th, 1997
Original Author: Manboking
Repeating the original message Manboking wrote on 12/30/98
IPO: 08/01/94' from $6.00 to $45.00 in 24 months
April & May 97'
from $16.00 to 36.00 in 5 months
from $22.00 to ......in ..months
Kishin's guess: $45.00 by May 98'
Novasun's guess: $40.00 by April 98'
Two days ago loaded up on CPV (Correctional
Trust) at 14.00,
the yield was over 10 percent, just
could not resist the temptation.
Now I got equal
positions in WHC and CPV and spliting the dividend between
the two provides me 5 percent, while I seat, and wait
for the rotation in to High Growth Mid-Caps continues
and away from yesterdays leaders.
Published Tuesday, August 10,
1999, in the Miami Herald
Inmates say they
had sex with guards
Work-release center plagued
A look at past incidents
Broward County Work Release Center, 3900 N.
Powerline Rd., in unincorporated Broward near Pompano
Operated by: Wackenhut Corp.
Number currently at center (as of Friday):
Number currently working (as of Friday):
Employees: 67 Wackenhut, 2 Broward Sheriff's
Office, 7 DUI personnel.
At the Broward
County Work Release Center run by the Wackenhut company
under contract with the county, allegations of sex
between inmates and jailers have become commonplace, as
have ''walk-away'' escapes.
Since the facility
opened in February 1998, five Wackenhut employees have
either resigned or been terminated amid allegations they
developed improper relationships, including sex, with
inmates under their supervision.
One inmate said
she was ''stalked'' by an administrator, who sent her
20 sexually explicit letters -- some on Wackenhut
stationery -- in the span of a month, then showed up at her
job site suggesting she join him on a beach
After walking away, she surrendered -- but at a
different detention center.
resigned after a Broward sheriff's deputy confronted him
with the steamy letters.
Another inmate said
she was forced to perform sex acts on a staffer in
the kitchen area of the work-release center. The
state attorney's office declined to prosecute for
''lack of material or corroborating
After a corrections supervisor was accused of having
sex with an inmate, the two married, thwarting
efforts to have her testify against him.
a pattern there,'' said Broward Sheriff Ken Jenne,
whose office is charged with monitoring the county's
five-year, $23 million contract with Wackenhut, one of the
world's largest security firms. ''They have responded to
our suggestions, but the problem is it keeps on
Lee A. Jackson, an 11-year Wackenhut
veteran who runs the work-release center, concedes that
the facility has had problems. He said any
investigations were initiated by Wackenhut and not BSO as soon
as the company learned of the
''We don't sweep things up under the rug,'' Jackson
said. ''When we find out about it, we take immediate
Wackenhut manages numerous prisons around the country, but
this is its first experience with a work-release
center, Jackson said.
Sent to the center by BSO,
inmates are paired with jobs through a job bank. Some
drive themselves to work; others are transported by
van. Except for furloughs, inmates are only allowed
out of the center only to go to work.
Wackenhut was recently awarded the contract to build a new
women's jail in the Pompano Beach area. Wackenhut wanted
to run that facility also, but the county preferred
to have BSO in charge.
center at 3900 N. Powerline Rd., in unincorporated
Broward near Pompano Beach, is supposed to be a place
where small-time criminals serve out their sentences in
a relaxed co-ed atmosphere -- no barbed-wire
fences, no jail cells, no armed guards. Inmate quarters
resemble hotel rooms.
The upper Bollinger 20 day line is rising,
and now at 29.30,
this band will rule the current
past the 1998 high of 31.
From there on
the next resistance points
are at 36, and at 45
(all time high).
ACLU sues for records of state prison run by
By KAREN TESTA
Associated Press Newswires
Copyright 1999. The
Associated Press. All Rights Reserved.
BEACH, Fla. (AP) - Wackenhut Corrections Corp.
refused to hand over internal records because they are
how the company is running the state
prison in South Bay, the ACLU
said in a lawsuit
The American Civil Liberties
Union is seeking to compel Wackenhut to
results from internal investigations, evaluations,
warden memos and other records from
South Bay Correctional
lawsuit claims Wackenhut is trying to cover up records of
harassment, abuse of prisoners and other
allegations at the western
Palm Beach County facility by
ignoring two written requests for the
Wackenhut should be subject to the public records law -
prevents government agencies from denying public
access - because it
"has completely assumed the
Department of Corrections' governmental
incarcerate and provide rehabilitative services to adult
Also, Wackenhut is earning excessive profits at
the South Bay facility
"as the result of a poorly
written contract for the operation of this facility
at the State's (taxpayers') expense," the lawsuit
The ACLU did not name its client in the lawsuit,
which was filed in
Palm Beach Circuit Court. ACLU
attorney Frank Kreider did not
immediately return a
call for comment.
Pat Cannan, spokesman for
the Palm Beach Gardens-based
Wackenhut, said he
could not comment because the lawsuit was
In the past, he noted, Wackenhut has refused a
medical records from a facility it runs
Increasingly, states are trying
to save money by privatizing correctional
facilities. At least 18 states have moved to privatize some
their prisons, from maximum security
facilities to rehabilitation centers
security, Cannan said.
Wackenhut currently runs
facilities in Florida at South Bay and Moore
Florida Department of Corrections spokesman Gene
Morris did not
immediately return a call for comment
The ACLU settled a similar lawsuit last month
Service Corp., which runs the
Pahokee Youth Development Center for
Department of Juvenile Justice.
agreed to release thousands of pages of records
concerning the treatment of children held at the detention
facility. It also
agreed to pay the ACLU and attorney
Kreidler $11,400 in costs and
Thanks for the kind words on my contracting
Triangle scenario, manboking. It sounds like you also
noticed the same formation!!!
I have been tracking
the triangle for over a year, and it just seems to be
playing out so well. Almost too well ...
so right about your market comments. This market
rally has been one of the thinnest on record. It looks
like some other forces are at work.
believe that what we have been seeing is a year 2000
phenomenon. As a student of psychology, I realize that human
being are attracted to large, even numbers. They
actually gravitate towards these numbers in psycological
terms. The positive psychological forces are very
strong, as we approach the year 2000 ... This as always
will be a prelude to a
Later ... Francesco
the "on balance volume"
now at 29.00
while the stock trades at 20.00,
wonder if this divergence
will ever be resolved and
when it does resolve
should place the stock at a
P/E of 41,
since that is the company's growth
over the past 5 years,
rather than the