Cramer evidently asked about CoreCivic in the lighting round and said “Let’s just stay away.” That looks like the strongest possible buy signal that one could have.
There are 6.3M shorts, 118M float, today the shorts are squeezed. Shorts are very hardballs, I do not believe 3M shares now traded are just short covering at all. Many are new investment of increase position. I believe some shorts will increase their short position at this unbelievable high price. So we LONG has to consider holding Until the financial results will show positive. Whatever sentiment change now because of Title 42 etc. is NOT changing our fundamental as yet. The upgrades etc. represent sentiment change and foresight. I think the price will slow rise from here toward $20 in many months to come. Except for today, this will be a slow long holding. My guess, anyone's guess, we don't really know the public sentiment. But the fundamental will follow soon, now we have less debts, more profitable, and MORE revenue to come.
The Lt Gov of NY Benjamin (who is big on private prison divestiture and closing Rikers) was arrested this morning on Bribery and Fraud charges.
Bullish
A
JOE, Hunter And Jim. Nobody Wants To Mention The 1 Billion $ Contract FRANK Got From The DOD To Build Houses In Iraq And He Wasn't Even In The Construction Business???????????? Where Did That Money ACTUALLY Go? GOOD QUESTION!
S
CXW is drifting higher by the days, even nothing will change for CXW at this moment, it seems the sentiment toward private prisons has been changing. Just from this is $8.5 to 11.5 a whopping 35% gain. Of course I will not lock in the gain, serious, the fundamental will change by EOY even not considering whether 2024 will belong to Dem/Rep .... then I would be happy to see $20 EOY. LOL. long. Strong allocation so far~!
S
Title 42 is removed, so we will have more business from ICE. Keep your shares for a while.
Bullish
Y
CoreCivic reached a 52 Week high at 14.15
Y
CoreCivic reached a 52 Week high at 12.48
d
A huge political shift is coming this fall and defund the police agenda created unbelievable petty crime spree that is going to swing people back to prison
Holder Shares Date Reported % Out Value Blackrock Inc. 18,955,374 Dec 30, 2021 15.62% 188,985,078 FMR, LLC 18,042,291 Dec 30, 2021 14.87% 179,881,641 Vanguard Group, 12,926,740 Dec 30, 2021 10.65% 128,879,597 River Road Asset 7,963,742 Dec 30, 2021 6.56% 79,398,507 Mason Capital Ma 4,785,177 Dec 30, 2021 3.94% 47,708,214 State Street Corp 4,396,461 Dec 30, 2021 3.62% 43,832,716
Look at these percentage, Blackrock usually does not own like 15.62% that high, check other stocks BR owns.
We the retail investors, do not matter much in this case, but keep the shares, you will be happy!
now all we can do is house them in GE0 and CoreCivic
https://www.nbcnews.com/politics/immigration/migrants-arrive-dc-buses-sent-gop-texas-gov-greg-abbott-rcna24229
see https://finance.yahoo.com/quote/CXW/holders?p=CXW
Holder Shares Date Reported % Out Value
Blackrock Inc. 18,955,374 Dec 30, 2021 15.62% 188,985,078
FMR, LLC 18,042,291 Dec 30, 2021 14.87% 179,881,641
Vanguard Group, 12,926,740 Dec 30, 2021 10.65% 128,879,597
River Road Asset 7,963,742 Dec 30, 2021 6.56% 79,398,507
Mason Capital Ma 4,785,177 Dec 30, 2021 3.94% 47,708,214
State Street Corp 4,396,461 Dec 30, 2021 3.62% 43,832,716
Look at these percentage, Blackrock usually does not own like 15.62% that high, check other stocks BR owns.
We the retail investors, do not matter much in this case, but keep the shares, you will be happy!