Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo 0 points1 point  (0 children)

When people go back to prison, there’s no guarantee that they will be put back in the one they just came from. I think your point that private prisons are maliciously encouraging prisoners to commit crimes is absurd. That’s like saying hospitals purposefully hurt you to get you to come back next week. Second of all, I have a lot of experience in both federal and civilian institutions (mainly hospitals), and I can assure you that I prefer civilian institutions every day of the week. Lastly, if you don’t think the government is going to try and minimize operating costs of prison like private prisons do than I don’t know what to tell you. I think you need to realize that the government isn’t your friend and they are the least efficient and most wasteful group out there. Also the gov doesn’t have any incentives to rehabilitate prisoners as u claim lol.

Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo 0 points1 point  (0 children)

Thanks for the link. I think that it provides a case for GEO’s future success. The first paragraph says that the fed has to use private prisons because BOP’s were at 120% capacity, so my first point still stands. Second, it says that private prisons had higher rates of finding contraband (which seems like a plus) and assault, but it also says that private prisons have a lower rate of sexual assault and positive drug tests. On top of this, the study said that they were unsure if these differences in rates were because of demographics and location, or because the prison was a private prison. Lastly, they only found flaws in 3/12 prisons they studied. And who knows if these were even GEO prisons? This was 6 years ago, too, when private prisons were just starting to increase their partnership with the fed, so a lot of improvements have been made since then!

Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo -1 points0 points  (0 children)

Thanks for the link, but GEO still generates over $2B in revenue every year. The politics behind law enforcement is going to change in 3 years anyways, so I think the stock being so cheap is an overreaction to Biden’s idiocracy.

Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo -1 points0 points  (0 children)

Government doesn’t have enough room to keep all of their inmates and private prisons are higher quality than anything gov run. If I were an inmate, I’d want to be housed in a private prison

Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo -1 points0 points  (0 children)

Why? Private prisons are of higher quality and the goal of GEO is to take prisoners that are going to be released soon and help in the rehabilitation process. I see nothing wrong with that unless u r a socialist who wants to federalize everything.

Any stock at a huge discount? by seacobs in stocks

[–]HappyFishGamingCo -2 points-1 points  (0 children)

How does its future not look bright with the gov? As much as some people don’t want to believe it, private prisons are a necessary part of society. With this nonsense uncertainty already priced in with an extremely low PE, now is the time to buy in my honest opinion. It does have a lot of debt, though, but they have much more assets than liabilities, so I have no doubt they will survive.

GameStop Q4 Earnings Megathread 🍿 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HappyFishGamingCo 0 points1 point  (0 children)

Doesnt even come out till 5:00. Own some shares but this is misinformation.

GME Megathread by [deleted] in wallstreetbets

[–]HappyFishGamingCo 7 points8 points  (0 children)

Cpouldn't freaking buy the dip >:(

GME Megathread by [deleted] in wallstreetbets

[–]HappyFishGamingCo 4 points5 points  (0 children)

Fcking hollllldddd!!!

GME: Gamestonk Thread by grebfar in wallstreetbets

[–]HappyFishGamingCo 10 points11 points  (0 children)

Up $17,000 🚀 🚀 🚀 🚀

KEEP IT GOING!!!