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Corrections Corporation of America Message Board

  • thekidd_007 thekidd_007 May 1, 2003 12:45 AM Flag


    Balance sheet reflects no change in the last 2 1/2 yrs. I do not understand why a penny stock can do a 10 to one reverse slit and have declines with net moneys and trade 100% above decline. Someone needs to check the validation and books of this company which PE is showing 100X3 below book value. I would recomend a strong sell,until an asset incline was show. This stock is trading only at 2.10 cents since its reverse slit,which tells me there is not enough shares in the float to hold support at any formed flag movement , this stock could fall 12 to 18 dollars in less than 5 minutes. I am open for conversation?

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