The following message was updated on 10/21/2019 12:32:47 PM.
Couldn't resist the yield at this price and took a small position today at $15.68. I fully expect this stock to be extremely volatile due to political grandstanding by the various candidates. Even if the worst outcome were to occur - no more federal contracts - the feds would still have to replace CXW's facilities and the only prudent way to do that would be to buy them at fair market value. Not saying CXW can't go lower, but sooner or later logic will prevail. I'm keeping an eye on GEO also since the same logic applies.