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Corrections Corporation of America Message Board

jj27713 81 posts  |  Last Activity: 4 hours ago Member since: Jan 11, 1999
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  • jj27713 jj27713 Aug 21, 2014 3:39 PM Flag

    This cash machine just keeps rolling along...rolling over the analysts and naysayers who say the end is near for this company.

  • I am a firm believer that stocks should be purchased only when special situations exist that temporarily offer a buying opportunity that would not otherwise exist. In the case of PSEC there have been a few opportunities over the last year that have presented themselves. Today's drop is the latest one. Whether or not dividends will change is unknown. Whether or not the portfolio health will be better or worse in the future is unknown. How interest rates might affect the payouts or NAV is unknown. We can make guesses...which is wise to do, but the fact remains that if you are in an accumulation mode of this stock as I am, this is one of those rare opportunities to get it cheaper than the day before. So I bought another round this morning...
    This stock is becoming one of my bedrock stocks for retirement income. Re-investing is close to perpetuating a 1000 share purchase every 6 months. After a few more years of re-investing and new additions, this should make for a nice retirement supplement.
    Take advantage of special situations as you are able.

  • jj27713 jj27713 Jul 16, 2014 3:14 PM Flag

    The impostor syndrome (also spelled imposter syndrome), sometimes called impostor phenomenon or fraud syndrome, is a psychological phenomenon in which people are unable to internalize their accomplishments. Despite external evidence of their competence, those with the syndrome remain convinced that they are frauds and do not deserve the success they have achieved. Proof of success is dismissed as luck, timing, or as a result of deceiving others into thinking they are more intelligent and competent than they believe themselves to be. - Wikipedia
    _________________________________________________________________

    Anytime you wish to grow up and act like an adult would be greatly appreciated.

  • jj27713 jj27713 Jul 18, 2014 8:29 AM Flag

    Now red,
    This is just another in a long line of nonsense 'facts' on your part spoken by someone who really doesn't have any clue what they are talking about.
    Here is one for you... I have been selling puts on Ballard recently. The latest are the Nov 4's. Whether or not I take possession of new Ballard stock by the strike date, the premium on the put sales is very rich and has been well worth my time. So far I do not own any additional stock as a result of my option transactions, but someday I might.
    There...no bashing and moderately bullish. Aren't you ashamed of yourself for being always wrong about me?

  • Reply to

    why

    by zbgb952 Sep 9, 2014 1:38 PM
    jj27713 jj27713 Sep 10, 2014 9:47 AM Flag

    The secret to accumulating wealth...
    Buy low.
    Collect dividends.
    Re-invest.
    Repeat. Repeat. Repeat.

    CTL is solid for now. It is buying back shares which increases the long term value of the shares. It also increases the possibility of dividend increases. Stocks don't always go up from the moment you purchase them, you know. Take advantage of the dips and watch your nest egg grow and grow.

  • The UN is soooo desperate to preserve the lie that they continue to spout the refuted facts. Continue to spread the fear. Continue to preserve the hysteria. Continue to ignore the faulty model outputs. Continue to ignore the latest evidence that refutes the 'story'. Just what would happen to the UN's precious initiative if the lost the war? Loss of huge quantities of taxes. Loss of mass wealth to be spread around. Loss of incredible world governance. Loss of substantial prominence. Loss of trillions of dollars to the researchers and universities...

    The UN will NEVER give up on this CO2 disaster storyline, redshoe. Despite how wrong they are. Despite all evidence to the contrary them. It's just worth too much wealth, power and control for them and their handlers.

    But if you still want to tag along holding on to their pantlegs...feel free...although I can't imagine why you give up so easily your independence and freedom's to political thugs.

  • jj27713 jj27713 Aug 14, 2014 2:57 PM Flag

    Then you would continue your record of being 100% wrong again. Not something to be particularly proud about, red.

  • Reply to

    AGW news not so good

    by redshoe77 Sep 9, 2014 9:03 AM
    jj27713 jj27713 Sep 10, 2014 12:17 PM Flag

    Everybody should agree that our climate is changing. Try to find one piece of hard evidence that the weather is becoming more extreme due to CO2...(crickets)

  • Come on guys... sven, jake, red, swift, long, poseidon, frio, ready, harry, zaran, hispos, exge, stewart, sbacc, drballard, kristian, oxygen, ski and all you daytraders! Time to start pumping this stock a little harder. Link more articles promoting FC's. Link more articles bashing EV's. Link more articles how CO2 is devastating the climate. Find more hydrogen breakthrough papers. Make Ballard shine!!
    (Just doing my part to rally the troops...)
    Have a great day.
    JJ

  • Reply to

    news on the way

    by henil2005 Sep 8, 2014 11:26 AM
    jj27713 jj27713 Sep 8, 2014 12:58 PM Flag

    Copied from 4 Traders web site...

    RMG Networks : MILITARY RMG Networks Equipment and Software Sought by U.S. Navy
    09/06/2014 | 08:04am US/Eastern

    By Targeted News Service

    WASHINGTON, Aug. 30 -- The U.S. Naval Air Systems Command, Patuxent River, Maryland, has issued a combined synopsis/solicitation notice (N00421-14-T-0566) for equipment and software. It was posted on Aug. 26 with a response date of Sept. 2. The approved source is RMG Networks.

    For more information about Targeted News Service's products, including its daily federal contract report, please contact: Myron Struck, Myron@targetednews.com, Editor, Targeted News Service LLC, Springfield, Va., Direct: 703/866-4708, Cell: 703/304-1897.

    22LapigM 140830-mv-763308 30VitinMar

    (c) 2014 Targeted News Service

  • jj27713 jj27713 Sep 5, 2014 10:59 PM Flag

    True. But if you BOUGHT shares just after the fall, like any smart person would have, you would be UP 32% now including dividends paid.

  • Reply to

    secondary coming?

    by lxixmeth Jun 25, 2014 9:39 AM
    jj27713 jj27713 Jun 25, 2014 10:51 AM Flag

    Today there was news that the US is considering dropping the ban on crude oil exports. Do you think this plays into CLMT business plan in any way?

  • Reply to

    Back to 3.30 DAMNED CHIMERA

    by brownvinohead Jun 23, 2014 11:31 AM
    jj27713 jj27713 Jun 23, 2014 12:26 PM Flag

    brown,
    I think the rise on Friday was due to the massive 6-7 million share buy in the last 3 minutes. That had to be forcing the stock price upwards to un-sustainable levels in and of itself. Now that the buying pressure is off the stock should trade at its market driven levels again. Be heartened that someone with big money thought that $3.25 was a great place to establish a position. I am guessing that this was in anticipation of CIM getting all its books in order and being given a passing grade by the SEC...which should lead to more confidence in the company and a rising stock price by end of summer.

  • jj27713 jj27713 Jul 18, 2014 7:35 AM Flag

    I think it will stay at $1.00

  • Reply to

    AGW news not so good

    by redshoe77 Sep 9, 2014 9:03 AM
    jj27713 jj27713 Sep 9, 2014 11:20 AM Flag

    jake,
    It has already been determined that the oceans have, several times, been at levels10-20 meters higher than today and the ice sheets have all but melted...all with natural variations. There is no way yet to determine if CO2 causes, minimizes or has no direct influence on these earlier events. What makes any of us smart enough to think that this time it will? As for the people that live on the coast...maybe this is a risk they assumed knowingly or unknowingly. But there certainly are things we can do over the next couple hundred years to minimize the threat of rising oceans if it comes to that.
    What about the 'banking effect' of the oceans? Well, what about the changing output of the sun? What about the cosmic ray-cloud link? If the atmosphere warms up the oceans warm up. If the atmosphere cools down the oceans cool down. These are tiny changes over long periods of time that the human race has dealt with and will continue to deal with if it comes to pass. But these changes are miniscule compared to the average temperature changes just within a single day. Or a single month. Or a single year.
    Its all very manageable whether natural or man-made.

  • jj27713 jj27713 Sep 16, 2014 3:38 PM Flag

    Jwo,
    It's quite noteworthy that the UN has finally come around to admitting what all the non-warmist scientists have been saying all along. The real world data can not distinguish any deviation of weather/climate outside natural variations. So if there is any man-made 'climate change' occurring, it is too small, too ethereal to be statistically distinguishable. The models are wrong.

    Levy, Red...you getting this? The ONE thing that does stand out is the vast improvement in crop yields from adding 0.01% CO2 to the atmosphere.

  • jj27713 by jj27713 Jun 25, 2014 9:15 AM Flag

    Toyota said that they will release their FCV in Japan next April and following through a few months later in the US. Toyota is asking both countries for subsidies to help lower the price. It is not clear what 'goodies' might come with the car ie. free hydrogen fillups, free maintenance, road service, etc. if any.
    The differences in the Tesla overall experience and the Toyota FCV overall experience will shortly come into sharper focus, too. FCV's will only be available in small markets where H2 is available. Tesla's will be adopted over a wider market to the ubiquity of electrical charging points. Toyota hopes to bring the cost of their FCV's down to ~$30K by 2025 whereas Tesla is working on a $35K model for 2016.
    I see both approaches being valid for several decades depending on ones needs and overall cost of ownership as well as ability to fuel where ever one wants to live/go.

  • Reply to

    My take on what solar grid should start doing

    by harrygeee Jun 18, 2014 11:33 AM
    jj27713 jj27713 Jun 19, 2014 8:58 AM Flag

    jag,

    The ocean's are slated to rise about 1" in the next 15 years. No-one knows whether this rise is predominantly natural or forced so enough with the catastrophic nonsense. PV generation is growing by leaps and bounds and is becoming competitive for the masses with many other power generation methods. If you are going to generate vast quantities of hydrogen you will likely have to do it by consuming vast quantities of fossil fuels (and producing vast quantities of your dreaded CO2) or you will get it from AE's such as wind and PV. Since wind and PV are inherently variable power generation methods you are GOING to have to have some way to store excess electrons anyway. Batteries are far more efficient than hydrogen in doing so, so batteries are still a very big player in the mix.

  • Reply to

    WWIII

    by redshoe77 Jun 20, 2014 10:48 AM
    jj27713 jj27713 Jun 20, 2014 10:59 AM Flag

    You really, really need to get a life, red. Just like the author of this trash that passes as journalism...

  • Reply to

    Rage continues

    by papasfrietas Jul 25, 2014 7:26 AM
    jj27713 jj27713 Jul 25, 2014 8:56 AM Flag

    So does leukemia, car wrecks, suffocation, influenza and especially Planned Parenthood... Do you comment on these, too?

CXW
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