Good morning everyone, Today I am evaluating a stock I have legitimately found valuable for a few months. With the escalation at our border (Record numbers of crossings in October) It is time to consider how we can profit from such a tragic situation. I've been invested in stocks like NYSE:GEO and NYSE:CXW for the past year or so, however, I think right now...
If the weekly candle closes above 8.87 then the price could hit 10 very easily next week. Take it as grain of salt because they have earnings release on 7th and in this market anything is possible on earnings
There is a lot of talk of a recession looming on the horizon, depending on which country your economy might already be in a recession.
The bull case for investing in the prison system during a recession is based on the idea that during economic recessions, crime rates could increase and lead to higher incarceration rates.
This could lead to more people needing...
I Heard about this on whalewisdom, and other media sources and decided to take a closer look. Geo is sittiing on a multi year low,Valued much lower if you consider inflation. It has met fierce pressure on the way down, so this is a very heavily traded instrument, so loving this and going long. GEO is a prison and intake facilities REIT, makes sense, if just a...
NOT FINANCIAL ADVICE!!!!
As shown in This SEC 13-F filing, Scion Asset Mgmt. (Burry) currently has one mentionable LONG and its this ticker with an assumed cost basis of $6.60 and 501,360 shares... I am betting these shares were NOT purchased on the open market and were instead acquired via assignment meaning credits from selling PUTS were likely involved (for...
Just analyzing this purely technically because I like MB and as of now supposedly this is his only long holding. Now, keep in mind this is not a stock for everyone - "The GEO Group, Inc. is a publicly traded C corporation that invests in private prisons and mental health facilities in North America, Australia, South Africa, and the United Kingdom."
So yeah,...
Trust me – you better hope that you will never be a customer of this company!
For those who aren’t familiar with the Geo Group Inc, it’s a US-based international company which provides governments with private prisons and psychiatric facilities. This company has been around since 1984 and prospered on the boom of the privatization of the prison industry in the...
Apologies, the previous post was incomplete.
Check my previous post below. Trade didn't work as expected but for me it means another opportunity. I didn't close it out as I posted back then (I know, I probably should have) but something was telling me that this particular stock may come back. Price has fallen onto the strong support. The bottom chart ( daily...
Check my previous post below. Trade didn't work as expected but for me it means another opportunity. I didn't close it out as I posted back then (I know, I probably should have) but something was telling me that this particular stock may came back. Price has fallen onto the strong support. The bottom chart (daily timeframe) shows that that the support is holding...
Geo Group may have a somewhat bright future ahead of it, while it is definitely not great for society. As Geo invests in public and private jails in U.S, it benefits from increased crime rate. You can find it on google, believe me it’s growing. And a lot of this can be seen on social media as well.
When it comes to TA, Geo got rejected from the Fibonacci...
Price has accumulated for two years and then broke up. Now is forming a triangle over the now support at $10.5. Is just a matter of days or few weeks until break up again.
NYSE:GEO looks like in a trending up period.
The price completed a consolidation phase (stage-1) between May 2021 - Nov 2022.
From a moving average point of view, 10-week (simple) moving average (MA) is supporting the price and just recently touched the price again after its first touch in Nov 2022.
Moreover, MA100 crossed over MA30 recently with a bullish...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
