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Corrections Corporation of America Message Board

  • stankalwala stankalwala Oct 6, 2006 11:52 AM Flag

    Why CXW is down today?It will go up

    IMO this pig has a good upward potential for following reason.
    * Only a small %age (I think 5%) of population is in prison. 95% of the population is still out on street. There is a great upside potential for increase in inmates.
    * Growth in inmate population is the only area left with in our economy.LOL
    * Considering screwed up economy states will not have any money left to build new prisons. So CXW has lot of upward potential.

    * I see a large potential future customer base for CXW. There is also a good side effect on economy by increasing inmate population. The un-employment rate will drop drastically.

    Hahahahahah guys think about this. U will love CXW.

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17.51-0.63(-3.47%)Aug 26 4:02 PMEDT