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Corrections Corporation of America Message Board

sam_0534 196 posts  |  Last Activity: Jul 12, 2016 10:00 AM Member since: Feb 8, 1998
  • I am sure when others here about this BAD NEWS it will go lower...I guess I never learn some lessons :(... Stupid management in my opinion...and the stock price shows that!!!!!!!!!!!!!!!!!!!!!!!! Didnt some get bonuses??

  • some people knew of this offering and took advantage of it!!! Clear and Simple violation.. How can we report this abuse to the SEC??????? Martha Stewart went to Jail..Lets put some others in too..

  • they owned 69 million shares or 58% of PFGC

    Sentiment: Buy

  • sam_0534 by sam_0534 May 26, 2016 6:51 PM Flag

    I knew something was up with the high volume and low price.. Insiders KNEW about this.. Dominic kept telling me things were fine???? I kept telling him the 400k cash was a problem and he said it wasnt.. foolish to talk with management.. I told him to reduce their salaries and put a hold on the 12% loan interest paid to Odinin..they are not looking out for shareholders... I wont call him again.l. The last interview he gave was deceptive..Bad management to sell stack at a LOW..Desperate people..

  • Some may hold BX stock..have no idea..But this leads to weakness in stocks being sold by hedge funs needing to liquidate..Just a though..Never know why a stock is being sold..Hedge Funds May Lose 25% of Assets, Blackstone Says
    by Bloomberg Video 2:25 mins
    May 25 -- The $2.9 trillion hedge-fund industry may lose about a quarter of its value in the next year as performance slumps, said Tony James, Blackstone Group LP’s billionaire president. Bloomberg's Scott Deveau speaks with Bloomberg TV Canada's Pamela Ritchie.

  • sam_0534 by sam_0534 May 26, 2016 2:21 PM Flag

    The Blackstone Group LP (NYSE: BX) -- With a market cap of over $30 billion, Blackstone is a dominant global player in the alternative investment management business. Focusing on private equity, real estate, hedge fund and other multi asset class strategies, Blackstone manages over $300 billion in assets. Revenue has grown at a healthy annual clip of 8.5%. Even stronger, earnings per share (EPS) have grown by 36% annually for the same time period. The consensus 2016 forecast calls for EPS of $2.50; a 140% bump from last year. With a strong management team led by CEO Steve Schwartzman, the company is well positioned to profit from a low rate environment that drives large investors to seek gains and income in non-traditional spaces. The stock is dirt cheap relative to Blackstone's consistent operating history. Shares trade around $27 with a forward P/E ratio of 11.43 and a fat yield of 7.8%

    Sentiment: Buy

  • Reply to

    New Low today !!!!!!

    by sam_0534 May 26, 2016 11:57 AM
    sam_0534 sam_0534 May 26, 2016 1:48 PM Flag

    No One is interested in buying IPCI..that is obvious...Been long for a long time..bought some more at 2.24 a couple of months ago.. Bad Idea.. Sorry..just discouraged..

  • 40 million market value.. peanuts for any company interested..But there are NONE!!! very discouraging..

  • Evercore’ analysts Ken Sena, Andrew McNellis, Ivy Cong and Conor McDade, who have a Buy rating and $98 price target on the Chinese internet and mobile commerce play, said the following in a report:

    “While an SEC investigation is certainly never a good thing, we see the concerns from highest to lowest as follows:

    a possible reclassification of its accounting pertaining to Cainiao Network (or logistics operation),
    a query into its Singles Day reporting practices, and
    possible other concerns pertaining to its “related-party transactions.”

    Sentiment: Strong Buy

  • UPDATE Alibaba: SEC Investigation Is A Misunderstanding, Says Morgan Stanley
    By Shuli Ren

    Alibaba Group (BABA) tumbled 6.8% after disclosing that the U.S. SEC has started an investigation into its accounting practices.

    Specifically, Alibaba said the SEC has requested information on its “consolidation policies and practices” including its accounting for the e-commerce goods delivery system Cainiao Network. Alibaba owns a 47% of Cainiao – a minority stake – so it used an equity method instead of a consolidation method when it reported Cainiao’s earnings.

    Using the equity method, Cainiao’s earnings will only flow to Alibaba’s earnings after operating income line. Using the consolidation method, it will go to operating income and also revenues.

    Sentiment: Buy

  • Alibaba Group Holding Ltd. (NYSE: BABA) traded down 6.8% to $75.59 on the heels of an SEC investigation. Oppenheimer maintained an Outperform rating in a late Wednesday flash note. Merrill Lynch has maintained its Buy rating and left its $99 price objective in tact, despite acknowledging some concerns in that 20-F filing.

    Sentiment: Buy

  • Alibaba Group Holding Ltd. (NYSE: BABA) traded down 6.8% to $75.59 on the heels of an SEC investigation. Oppenheimer maintained an Outperform rating in a late Wednesday flash note. Merrill Lynch has maintained its Buy rating and left its $99 price objective in tact, despite acknowledging some concerns in that 20-F filing.

    Read more: Top Analyst Upgrades and Downgrades: Alibaba, ADM, CSC, Infosys, Microsoft, Wells Fargo, WisdomTree and More - 24/7 Wall St.
    Follow us: @247wallst on Twitter | 247wallst on Facebook

    Sentiment: Buy

  • Shares in Blackstone Mortgage Trust Inc.(BXMT), the New York headquartered real estate finance Company, ended the day 0.40% higher at $27.55 and with a total volume of 295,119 shares traded. The stock has gained 3.42% in the last one month, 16.14% in the previous three months, and 5.37% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.85% and 5.30%, respectively. Furthermore, Blackstone Mortgage Trust's(BXMT) stock has an RSI of 50.04. Technical alert on BXMT is available for free at:

    Sentiment: Buy

  • SDA to delay CDS settlement auctions until after bond matures
    GSO won’t have to pay out on short-term credit-default swaps
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    Blackstone Group LP’s GSO Capital Partners is set to score a victory in a drawn-out battle over derivatives linked to a distressed Norwegian paper maker.
    Bond auctions to determine the cost of settling as much as $9 billion of credit-default swaps on Norske Skogindustrier ASA will be delayed until after some of the company’s notes mature next month, according to the International Swaps & Derivatives Association. If Norske Skog repays the obligations, GSO won’t have to compensate buyers of short-dated insurance because there won’t be any eligible securities for an auction.
    Swaps contracts are being settled after Norske Skog adopted GSO’s plan to force all holders of its bonds due June 2017 to exchange their notes for longer-dated securities with lower principal and interest payments. GSO had been competing since September with another group of bondholders over restructuring plans that would determine the timing of payouts on credit-default swaps.

    Sentiment: Buy

  • at $81.48... looking to break out

  • Fair valuations
    Blackstone (BX) is valued at 11x on a one-year forward earnings basis. It’s at a premium compared to Carlyle Group’s (CG) 9.6x, KKR’s (KKR) 11.1x, and Apollo Global Management’s (APO) 10.5x.

    Blackstone commands a premium on diversification and relative outperformance. The company focuses on the performance of its portfolio companies. Constant innovative offerings to its network of limited partners could be important factors in the company’s future performance.

    Weak performance
    Blackstone’s diversification through offerings such as hedge funds, credit, and advisory services could decrease its investors’ general risk perception. Debt markets should generate returns of 4%–5%. If the equity’s attractiveness rises, the overall perception of alternative asset managers should also rise, especially for bigger players that are part of the iShares Dow Jones US Financial ETF (IYF).

    Blackstone saw the bottom in terms of value for its portfolio holdings. The company could benefit from record dry powder (uninvested commitments), improvement in European equity and debt markets, and domestic equity markets.

    Carlyle is deploying record capital in order to take advantage of low valuations. The company deployed ~$8 billion of capital in the past six months and ~$11 billion in the past 12 months.

    KKR saw positive performance fees, a fall in carried interest, and lower investment income in 1Q16. The company is buying back its own stock to take advantage of its lower valuations.

    Apollo Global Management’s stock prices have improved on share buybacks and record deployment amid lower valuations. The company expects improved operating performance starting in 2Q16. However, the asset classes remain weak for alternative asset managers. Chances of replicating the performance in 1Q15 are low for most of the players. Slowing credit, exhausting equity valuations, and weak commodity prices will continue to take a toll on the earnings of alternatives.

    In the final part of our series, we’ll see why alternatives aren’t expected to have premium returns.

  • sam_0534 sam_0534 May 23, 2016 8:06 PM Flag

    BX will be selling NXPI as soon as they can make a good profit....they sold some HLT at 30

  • sam_0534 sam_0534 May 23, 2016 7:23 PM Flag

    I do have you on IGNORE but all posts come up before the IGNORED ones fade out and I noticed you posting NXPI could become Number 1 for BX.. So much useless noise here with responding to agitators, etc....HLT is NUMBER 1 and will remain there..It is valued at over 10 BILLION... actually BRX is number 2 at 2.76 Billion and NXPI is number 3 at 2.7 chance it will be number 1...In my opinion...just had to correct and respond to some Ignore posters.. people should IGNORE more postings here :)

  • sam_0534 sam_0534 May 23, 2016 10:05 AM Flag

    People;e cry WOLF all the time..Who will you bet on????BX has had a great record.... But take heart, confused investors: There may be a no-nonsense way to translate "bespoke tranche opportunity" from Wall Street's lingua obscurum.

  • Thus this result: "Until that market is improved with real assurance and real reforms, they're just not going to come back," Dayen says. "They've chosen to sit on the sidelines and take their investments elsewhere."

    Yet that doesn't mean the landscape is absent of schemes. "One that is worrisome is rental-backed securities, where Blackstone Group (BX) picked up tens of thousands of properties that were foreclosed and spun them out into the rental market."

    It translated to Blackstone selling the first-ever single-family rental securitization, a $479 million bond offered in 2013. While that could create substantial profit in cities with rental unit shortages, it also raises inescapable questions.

    "What if there are high vacancies and people are late on their payments?" Dayen says. "Or of you have an economic downturn and evictions go up? Is that an issue for the capital markets?"

    Blackstone has packaged its activity under a cheery company name: Invitation Homes. Yet complaints are already pouring in from housing advocates on a range of issues from mid-month rent increases to failures to refurbish acquired properties.

    "Companies like Blackstone are not set up to be landlords, let alone good landlords," Dayen says.

    But if the endgame is to build up Blackstone stock, it's nothing doing so far. Over the last year, share prices have dropped 42 percent to just shy of $26.

    Meanwhile, it remains to be seen whether government watchdogs have enough backbone to provide proper oversight of these new plays -- and head off a replay of the mortgage-backed securities meltdown. But take heart, confused investors: There may be a no-nonsense way to translate "bespoke tranche opportunity" from Wall Street's lingua obscurum.

    Wawrzyniak cites a quote attributed to Edmund Burke. The British-Irish statesman lived in the 18th Century, when Wall Street was a literal wall built to protect Dutch settlers from pirates.

    Hundreds of years later, the pirates are still there -- even if dressed these days in sharkskin suits -- and Burke's quote more than applies: "Those who don't know history are destined to repeat it."

    [Read: 9 Steps to Take Before Retirement.]

    Though no investment watchdog, he also said: "The only thing necessary for the triumph of evil is for good men to do nothing."

32.05+0.39(+1.23%)Jul 29 4:02 PMEDT