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sam_0534 230 posts  |  Last Activity: 21 hours ago Member since: Feb 8, 1998
  • I see mostt stocks and even the S&P 500 in very oversold situation..with the stocastics very oversold...so good chance of an up move :)

    Sentiment: Buy

  • Alibaba Group Holding Ltd(BABA) : Brean raises target price to $100 from $96
    * Alibaba Group Holding Ltd(BABA) : Citigroup raises target to $95.60 from $93.70; buy
    * Alibaba Group Holding Ltd(BABA) : Credit Suisse ups target to $100 from $96;outperform
    * Alibaba Group Holding Ltd(BABA) : Deutsche Bank raises target price to $110 from $109
    * Alibaba Group Holding Ltd(BABA) : Goldman Sachs raises target price to $100 from $96
    * Alibaba Group Holding Ltd(BABA) : Raymond James ups target to $95 from $85; outperform

    Sentiment: Strong Buy

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    NXPI -0.86%84.50
    LQ +0.49%12.43
    MIK -0.38%28.50
    HLT -0.98%21.83
    BRX +0.58%26.15
    STAY +0.18%15.05
    SEAS -1.06%18.29
    VSLR -7.45%2.4433
    TVPT -1.31%13.55
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    Steve Wynn lashes out on ‘unconscionable manipulation’ in the stock market
    Yahoo Finance By Nicole Sinclair
    23 minutes ago
    
    On Wynn Resorts’ (WYNN) first quarter conference call, Chairman and CEO Steve Wynn was asked about the company’s recent announcement to increase its share repurchase to $1 billion. Wynn responded back with a full-on critique of the stock market, which he says resembles casino activity.

    "We never know what the Street is going to do with the funky trading. And we all feel that, both as individuals and as a company, that we should be prepared to take advantage of real opportunity when it occurs,” he said. “So we just wanted to make sure that we are properly armed in case there was something strange that happened on Wall Street and the stock market dropped or our stock went to a level that we thought was grossly oversold, we would jump on it."

    Wynn dug into activity by those shorting his stock.

    "As long as the short players fool around for $1 or $2, that's fine. But ...the exchanges don't enforce the rules of naked shorts. So, I mean, it's unconscionable manipulation of the stock that occurs. They open up every morning, and the high-frequency traders in the shorts have a ball selling shares, and then value buyers step in the afternoon and they cover the shorts. I mean, it's regular casino activity." The company currently has about 14 million shares short, or almost one-quarter of total float.

    “We see a lot of shorts because of China, because we're such a clear China play," he said. 60% of Wynn’s profit comes from Macau, and the stock bounced back heavily after mid-February when worries on China slowdown lessened.

    View photo
    .
    Wynn himself has bought shares in mid-February and mid-April. "Although I can't do anything about it myself, I take advantage of it when it gets online and buy shares,” he said. “I mean it's fine when they drive the stock down for reasons that are irrelevant and completely disconnected from anything to do with our business operations. So the stock markets got more volatile, more stupid as a gambling game than ever before,” he said.

    He lamented that the SEC hasn’t done anything about high frequency traders.

    “I have very little respect for the integrity of the trading on the exchange in most stocks. And I have particular disdain for the fact that the SEC has failed to deal with high-frequency traders who are doing nothing more than taking advantage of inside information, a buy or a sell order, because of technology advantages,” he said. "If you read Flash Boys, it's all spelled out for you. And if I execute an order, I'll use the IEX. I'll use Brad Katsuyama if I was buying something, so that I couldn't be fronted by the high-frequency traders. But there's an awful lot of that going on."

    Wynn said he sees the impact of high-frequency traders frequently.

    "The other day I was watching the stock open up, and it went up on share volumes of a few thousand shares. I mean, every trade was a tick up. That's not the way it should operate in an honestly or intelligently run exchange. But that's the thing, all those guys sold their dark pools and their order flow and the positioning on the floors of the servers to the high frequency traders. And it's made a couple of guys that I'm friendly with very rich because they are high-frequency traders. But don't respect the activity, and I'm severely critical of it. And I don't mind saying so, either."

    Sentiment: Buy

  • mpd068 • 19 hours ago
    0users liked this postsusers disliked this posts0Reply
    $16 IPO - $2.2 mil value, failed acquisition....
    And a $2.67 share price. BX must be thrilled with this investment! I'm assuming the sudden departure of our great CEO may be linked to next week's earnings! I hope I'm wrong! How do I manage to find these gems? I still cannot believe this was ever valued at these levels! Anyone think Wall Street is corrupt! Less
    Sort: Newest | Oldest | Most Replied Collapse all replies
    pumamup • 18 hours ago
    1users liked this postsusers disliked this posts0Reply
    BX only paid 76 million for their investment into vslr.

    Sentiment: Buy

  • sam_0534 by sam_0534 May 6, 2016 10:13 AM Flag

    Alibaba

    RBC Capital raised Alibaba’s price target to 105 from 89 and kept an outperform rating on the stock. On Thursday, Alibaba reported revenue above Wall Street estimates and a 39% jump in sales in local currency, the company’s highest growth rate in the past four quarters. But earnings fell under views.

    Alibaba shares dipped 0.3% to 78.5

    Sentiment: Strong Buy

  • GoPro and Square sink, Herbalife surges
    by Yahoo Finance Video 1:42 mins

  • BXMT is a good value for us senior investors :)

  • sam_0534 by sam_0534 May 5, 2016 10:01 AM Flag

    The company’s hidden gem, AliCloud, continues to emerge. The Amazon Web Services-esque cloud provider grew its revenue 145% year-on-year, and now accounts for 8% of the company’s total sales. If the fantastic success of AWS is fair precedent, it’s a new cash cow in the making.
    This hasn’t reduced investors’ skepticism of Alibaba. Since the stock’s listing in September 2014 its price has steadily dropped. As of the most recent market closing, it’s priced at $75.82—about 36% down from its November 2014 apex.

    Sentiment: Strong Buy

  • This also accounts for the recent slide in the U.S. dollar, as safe haven flows are simply favoring the least dirty shirt in the laundry basket—which in this case is the Yen.

    The good news is that on a technical basis, the volatility in currencies is subsiding, and it’s quite possible we have a reversal underway. Whether or not this translates into putting a bid on U.S. equities remains to be seen.

    The reaction to Friday’s big jobs report will be key. Notice I didn’t say that the report itself is important. Big money will simply run with the headline numbers to add to its positions. The market will go up and down (not necessarily in that order), and the close of the S&P 500 will be the only number that matters.

    It’s a bit early to handicap the key levels, but 2040 to 2080 in the S&P 500 is a particularly relevant trading range to watch. If the lower end goes, fasten your seat belts.

  • sold some in March around $26.. Would think they will be selling some up here

  • Steven Cohen: hedge fund crowding caused major February loss
    Reuters
    21 minutes ago
    
    Steven Cohen, Chairman and CEO of Point72 Asset Management, speaks at the Milken Institute Global Conference in Beverly Hills
    .
    View photo
    Steven Cohen, Chairman and CEO of Point72 Asset Management, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson

    By Lawrence Delevingne

    LOS ANGELES (Reuters) - Billionaire investor Steven Cohen said that too many hedge funds placing the same types of bets contributed to sharp losses for his $11 billion Point72 Asset Management earlier this year.

    "One of my biggest worries is that there are so many players out there trying to do similar strategies," Cohen said Monday, speaking at the Milken Institute Global Conference in Los Angeles.

    "If one of these highly levered players had a rough run and took down risk, would we be collateral damage?" Cohen said. "In February we drew down 8 percent which for us is a lot. My worst fears were realized."

    Point72 has rebounded to a return of approximately zero for the year, according to a person familiar with the situation.

    Cohen also commented on the hedge fund industry's relatively large size and meager recent returns, saying that both investors and their clients were willing to tolerate lower performance.

    "When this business started, guys took pride in the returns that they generated. Guys would make 20, 25, 30 percent," said Cohen, known for generating similar returns himself. "Now it's about trying to figure the intersection between assets under management and what investors would be willing to accept."

    The Hedge Fund Intelligence Americas Global Equity index, an industry benchmark, fell 3.2 percent in the first quarter of 2016. The index gained just 0.56 percent in 2015.

    Cohen's presence at the Milken event reflected a newfound openness for an investor who generally avoids media interviews. The public appearance was his third this spring - including events organized by Evercore and the Marine Corp Law Enforcement Foundation - after doing virtually nothing since attending the SkyBridge Alternatives Conference in May 2011.

    Cohen famously founded and ran SAC Capital Advisors, one of the most successful hedge fund firms ever.

    Stamford, Connecticut-based Point72 is the so-called family office that succeeded SAC, which pleaded guilty to fraud in 2013 and paid $1.8 billion in criminal and civil settlements with U.S. authorities.

    It was also forced to return outside capital, although a more recent settlement with regulators would allow Cohen to again manage other people's money starting in 2018 should he so choose.

    Cohen did not address the firm's regulatory history in his remarks and no questions from the audience or media were allowed.

  • sam_0534 by sam_0534 May 3, 2016 12:50 PM Flag

    Washington, D.C. could help, with shrewd, aggressive policies, but it may be doing the opposite and holding the economy back. ?We have a crisis,? Republican Sen. David Perdue of Georgia, a former Fortune 500 CEO, said at the conference. ?The frustration of people back home is very simple. Today a lot of people are motivated by frustrations with Washington?s lack of results.? He, Warner and other politicians at the Milken conference say Washington politicians understand the problem, but are prevented from finding solutions by a handful of obstructionists and leadership that doesn?t seem interested in problem-solving.

    Business could do more, too. ?I get a little tired with the business community #$%$ about Washington but then never wanting to get their hands dirty,? Warner groused. ?If you don?t engage, you turn the keys over to the extremists. That?s not going to fix it.?

    There?s also plenty of discussion of solutions, such as bipartisan agreements to streamline taxes and regulations, better support for those who lose jobs to foreign workers, a longer-term corproate focus on building strong comapnies, and more corporate investment in local communities. But after all the talk and good intentions, many Milken attendees will leave Beverly Hills and go back to looking out for themselves. That may be another thing wrong with the country.

  • Regulators to propose tough new rules for hedge funds

    Hedge funds just got some bad news. Regulators are ring fencing the big banks so that when the next panic comes, they won't have to be bailed out with taxpayer money. Instead, the hedge funds that do business with them are going to have to waive their right to hold on to their trading collateral. What does this mean for Bill Ackman and Carl Icahn?

    Sentiment: Buy

  • Besides the traders selling on market weakness, I think a lot of selling could be from the many hedge funds going out of business selling whatever they own.. The redemption in hedge funds has been very very high and they have to sell whatever.....AIG Seeks to Redeem $4.1 Billion From Hedge Funds After Loss
    Bloomberg By Sonali Basak, Katherine Chiglinsky
    1 hour ago
    
    AIG Seeks to Redeem $4.1 Billion From Hedge Funds After Loss .
    View photo
    American International Group Inc Photographer: Michael Nagle/Bloomberg

    American International Group Inc., the insurer burned by losses on hedge funds, has submitted notices of redemption for $4.1 billion of those holdings through the end of the first quarter.

    Related Stories

    Hedge Funds Bleed Cash as Returns Disappoint Investors: Chart Bloomberg
    AIG profit misses again as weak hedge fund returns weigh Reuters
    AIG Raises $1.25 Billion Selling PICC Stock Near Bottom of Range Bloomberg
    [$$] AIG Swings to Loss, Hurt by Hedge-Fund Losses The Wall Street Journal
    Are Hedge Funds Still in the Business of Hedging? Bloomberg
    Ranking the Most Important First Ladies in History InsideGov | By Graphiq Sponsored 
    “As of today, we have received $1.2 billion of proceeds from those redemptions,” Chief Financial Officer Sid Sankaran said Tuesday in a conference call discussing results at the New York-based insurer.

    Sentiment: Buy

  • Maybe we all are wrong on this company..too bad..No ONE seems interested in supporting the stock price.. some one knows something..

    Sentiment: Hold

  • NXP Semiconductors

    This company is considered a top play for investors looking for a chip stock with Internet of Things exposure. The NXP Semiconductors N.V. (NASDAQ: NXPI) merger with Freescale Semiconductor was widely applauded on Wall Street, and many analysts believe the merger is transforming the company into a powerhouse. It made NXP the fourth largest semiconductor company in the industry. It is also important to note that the combined company would be the number one supplier in auto semiconductors, number one supplier in global microcontrollers and a dominant supplier in mobile payments.

    NXP is getting its chips into high-growth areas such as contactless mobile payments, the Internet of Things, mobile-phone charging, increased cellular data consumption and LED lighting. Trading at solid discount to some of its peers, many analysts are very positive on the faster earnings growth potential relative to their competition. The company reports earnings after the close Monday.

    The Jefferies team added NXP to the list as they see the company as having among the highest free cash flow per share in the sector for this year and 2017, a metric they feel is extremely critical in charting performance. They also see the potential for multiple expansion as capital reruns lift. Lastly, the analysts feel that we are heading into a supply chain restock this year, an obvious positive for sales.

    The Jefferies price target is a whopping $130, and the consensus target is much lower at $107.88. The stock closed Friday at $85.28.

    With both stocks having solid upside potential to the Jefferies price targets, they make good sense for accounts looking to rotate capital. With the market on potentially shaky ground as we head into May, investors may want to buy partial positions and see if we don’t back up some.

    Read more: Jefferies Adds Hain Celestial and NXP Semiconductors to Franchise Picks List (NASDAQ: HAIN) (

    Sentiment: Buy

  • Reply to

    Geez...nice chart today

    by billlewisiv Apr 27, 2016 10:51 AM
    sam_0534 sam_0534 Apr 28, 2016 12:29 PM Flag

    we can see that.. no need to get so excited..speculators go with the market and oil, etc....BX is forming a very strong basing pattern.. It should break to the upside when the good news comes out :)... If you want a good value dividend stock look at BXMT.. Blackstone Mortgage paying over 9 % sound dividend..

    Sentiment: Buy

  • sam_0534 by sam_0534 Apr 28, 2016 11:42 AM Flag

    FRANKFURT (Reuters) - Chipmaker NXP Semiconductors expects to outperform its peers until 2019 by growing at a compound annual rate of between 5-7 percent, its financial chief said on Thursday.

    The company, which completed its nearly $12 billion acquisition of Freescale last year, told investors it expected to reach adjusted earnings before interests, tax, depreciation and amortization (EBITDA) of more than $4 billion by 2019 as a result of combining businesses.

    "The merger is going well," NXP's Financial Chief Dan Durn said at the company's capital markets day.

    It is the first time NXP gives an outlook for the combined businesses.

    The company, which is the world's top maker of automotive electronics, had earlier said it expects Freescale to be accretive to NXP's earnings this year with cost savings of $200 million, resulting in annual cost savings of $500 million in the mid-term.

  • sam_0534 sam_0534 Apr 28, 2016 10:40 AM Flag

    long time holder here.. just impatient with this stock.. all your given prospects does NOTHING for the price.. It looks like no one else is seeing the potential???????

  • sam_0534 by sam_0534 Apr 28, 2016 10:11 AM Flag

    FRANKFURT (Reuters) - Chipmaker NXP Semiconductors expects to outperform its peers until 2019 by growing at a compound annual rate of between 5-7 percent, its financial chief said on Thursday.

    The company, which completed its nearly $12 billion acquisition of Freescale last year, told investors it expected to reach adjusted earnings before interests, tax, depreciation and amortization (EBITDA) of more than $4 billion by 2019 as a result of combining businesses.

    "The merger is going well," NXP's Financial Chief Dan Durn said at the company's capital markets day.

    It is the first time NXP gives an outlook for the combined businesses.

    The company, which is the world's top maker of automotive electronics, had earlier said it expects Freescale to be accretive to NXP's earnings this year with cost savings of $200 million, resulting in annual cost savings of $500 million in the mid-term.

CXW
33.66+0.16(+0.48%)May 27 4:02 PMEDT