Where does the price go for CXW and GEO with a loss of their biggest customers? I thought "Orange is the New Black" and all the nasty portrays of how bad the for-profit prison system is might have made its way up the ears and eyes of people with a conscience.
The Government proved how money was taken from prisoners basic needs and put inside the coffers of Wall Street and Corporate Goons. I would rather have the prisons spread cash to Americans instead of investors when it comes to handing out tax dollars. To prove that California and the Federal Government are able to provide a greater level of humanity for less money while providing real jobs versus Mall Cop pay blow's me away! Get rid of these leaches preying off our tax dollars, screw the industry! California took the government out of commissary purchases allowing one of our governors family to buy up and jack the price up, hope State folks figure out the crazy ways people profit off tax payers.
what do you call these overpaid civil servants leeching off the public. bunch of POS work as corrections guards. https://www.rt.com/usa/323067-rikers-island-inmate-rape/ that POS was making 84k +benefits
Nice Trade, I was trying to write and play AMAT which was so obvious a trade. The entire Semi sector is on fire and why would AMAT not beat after TSM blew the doors off their Q? I agree there are so many grossly overpaid and abused systems. If the tax payers are going to get screwed why not allow it to be by someone they like? If shareholder profits are converted to jobs lets make the Economy stronger putting people to work.
http://www.cnbc.com/2016/08/18/dont-lock-the-door-on-those-prison-stocks-just-yet-analysts-warn.html Saw this article today. If some of that is true, the market may have over reacted. If I had the balls to trade it I'd be long from here. But nothing says the market has to be rationale lol.