As Web's World Turns

[Phoenix7]

Webs

I thought perhaps you were the victim of an "Alien Abduction" . Welcome back we all missed you!

[Websman]

Ford (F) is beginning to look like a good deal.

[Websman]

Webs,
I thought you were being held hostage somewhere. OK, lets have a few 3,5, and 10 baggers from the VTP.


--------------billy

just been busy. I like DG for a long term hold, but would like to see a better buy point.

[billyjoe]

Webs,
I thought you were being held hostage somewhere. OK, lets have a few 3,5, and 10 baggers from the VTP.


--------------billy

[Websman]

Time for some new picks from the VTP...

[Websman]

Hopefully, they won't take profit off of you by throwing you in prison.

Don't threaten me with a good time...

[skiracer]

He's already there...Doug

There were two occasions in my life where I spent some time in New Jerseys state prisons. Trenton State Prison and Rahway. Both rough places and no place for the timid to find themselves. One of the favorite expressions of the inmates was to say that the guards were all "doing life" which was true in the sense that most of them were there 5 days a week for at least one 8 hr. shift per day. I always has to question how they could do that for at least 25 / 30 years knowing they had to go back there everyday to kind of "finish their sentence" and get their "release" thru their retirement and pension.
One thing about working as a guard in any high security prison environment is that you have to deal with individuals that have any number of serious crimes in their jackets and may have several bodies hidden somewhere and nothing further to lose by attacking a guard. And I saw a number of guards take it on the chin from guys who had nothing else to lose and could care less. Violence and a violent nature were the only things in there that gained you respect or maybe if you could read, write, and spell.
Webs, that chart looks great. double bottom cup base and the 20 ema just crossed back over the 50 ema. still showing alot of strength in making the right side of it's cup base. you may have missed out on some of the best part of a continuing move up. lot depends on the market which I still feel is ripe for a bigger correction.

[IIC]

Hopefully, they won't take profit off of you by throwing you in prison.

He's already there...Doug

[em26jamie]

Took profit on GEO @18.42. Judging from the latest news, prison privatization is meeting too much resistance...I'll keep a check for news developments as they happen.

Hopefully, they won't take profit off of you by throwing you in prison.

[Websman]

Took profit on GEO @18.42. Judging from the latest news, prison privatization is meeting too much resistance...I'll keep a check for news developments as they happen.

[Websman]

looks like it could be at its bottom on the weekly chart. its forming a decent cup base but in my opinion not the best market timing right now for any long positions. Webs. market is going to correct right here. patience may have paid off and allowed a cheaper entry. market is definitely due for a correction and it looks like it will happen. but good luck with it. you never know and only can make the most educated well researched entry possible when buying these stocks.

Thanks Ski!

I did go in with just a small position for now...I'll set my stops.

[skiracer]

Just picked up a small starter position in GEO @17.64. Considering the market conditions, I don't want to get in heavy yet. I may buy more shares on a pullback. 29 facilities will be up for bid in Florida, if the legislature get's it approved, which could send GEO into rally mode, imo.

looks like it could be at its bottom on the weekly chart. its forming a decent cup base but in my opinion not the best market timing right now for any long positions. Webs. market is going to correct right here. patience may have paid off and allowed a cheaper entry. market is definitely due for a correction and it looks like it will happen. but good luck with it. you never know and only can make the most educated well researched entry possible when buying these stocks.

[Websman]

Possible penny play: I just put GTGP on my list, but have not bought yet. Penny stocks need volume to run, and I haven't seen enough of that yet to pull the trigger.

[Websman]

Just picked up a small starter position in GEO @17.64. Considering the market conditions, I don't want to get in heavy yet. I may buy more shares on a pullback. 29 facilities will be up for bid in Florida, if the legislature get's it approved, which could send GEO into rally mode, imo.

[Websman]

Webs,
Let us know what happens or will the stock prices tell us ahead of time? Can't remember if you got out yourself. Hope it doesn't effect you negatively.

-------------billy

Thanks for the concern Billyjoe, but it won't have much of an impact on me.

If the legislature manages to get this approved, it'll be huge for whichever company wins the bid...I think it'll be GEO. There might be a small run in anticipation of the news, but I don't think we will see a big run until approved contracts are announced. The good news is that we now have a heads up.