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The GEO Group, Inc. Message Board

jimrat11 2 posts  |  Last Activity: Aug 13, 2015 1:11 PM Member since: Mar 22, 1999
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    by rlomba07 Jul 28, 2015 12:55 PM
    jimrat11 jimrat11 Aug 13, 2015 1:11 PM Flag

    Footnoter - I had an impression that they were not allowed to buy it back on the open market, and were required to call it at par if they wanted to redeem. This would keep a bad actor from issuing Pfd, driving the company into the ground, and buying back on the cheap. Am I wrong here?

  • jimrat11 by jimrat11 Aug 12, 2015 2:09 PM Flag

    Books on human behavior describe an event like this as capitulation. The weak hands have lost their nerve - there's blood in the streets - and only the long-term owners stick around.

    All MLP's are up big-time today. Let's hope it holds.

    Sentiment: Hold

GEO
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