Share buyback has nothing to do with this disaster, usually it is a buy signal. Both GEO and CXW started bleeding at exact same time with 20-40X volume so I believe jboneny's comment on debt ceiling may be the crux. GEO only briefly hit its 5% stops so the bleeding was controlled early. Hopefully we just turned around at 2:28. Big money is bailing on small/mid caps. Have another position with an 11% haircut today, totally sick.