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The GEO Group, Inc. Message Board

drlongandstrong 1 post  |  Last Activity: Jul 23, 2016 5:13 PM Member since: Mar 11, 2008
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  • Ever since the collapse in oil, GBR gets a majority of its earnings from its retirement home property (a little over 100+ residents in the home). It nets around $300k every quarter from it but occupancy has been declining year over year. GBR's oil and gas operation loses around -$200k every quarter. And on top of that you have management operating expenses. So net the company doesnt even make #$%$.

    Valuation wise, GBR should be valued at most 10x EBITDA and I am being generous. That equates to at most $1 to $2 million market cap. With the stock now almost at $10million market cap, it is an obvious short.

    Why the pump job up to $5 last Friday? Who knows. Just some stock manipulation. If you are long, I would take profits on Monday. It's going to fall back down just as fast as it skyrocketed up as seen in the past 2 squeezes since June.

    Sentiment: Strong Sell

24.28+0.66(+2.79%)Oct 21 4:03 PMEDT