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Corrections Corporation of America Message Board

whirlajig 1 post  |  Last Activity: Jul 15, 2015 1:41 PM Member since: Jul 19, 2007
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  • Its data looks good except large debt. But 73% held by insiders and 22% by institutions and 5% by "us". The truth is the price dropped from 37 to 26 when div was earned---29% was way too much drop for the dividend correction. Drop continued and price is now 22. Insider selling is reported to have been small and institutional selling only 9% in February. Was this insider short selling?? Now shorted 63% of float and . Forward Div= N/A. Why? Did insiders abuse shareholders and are lying about their selling?? Smoke screeners claim company is doing fine and will somehow recover to price of 30 and competitors price will drop? That is not recovering and has no valid foundation anyway. Does any honest person have explanations?

    Sentiment: Hold

30.18-0.06(-0.20%)Oct 12 4:02 PMEDT