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FernEdge
2021-06-22
I’m shocked
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FernEdge
2021-06-17
Good read
Why GEO Group Is Soaring 11% This Morning
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shocked","listText":"I’m shocked","text":"I’m shocked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129017463","repostId":"2145032477","repostType":4,"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163514761,"gmtCreate":1623888774053,"gmtModify":1703822467894,"author":{"id":"3586327030342671","authorId":"3586327030342671","name":"FernEdge","avatar":"https://static.tigerbbs.com/2a26b8f27e6420e1d87faa6678b02b6e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586327030342671","authorIdStr":"3586327030342671"},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163514761","repostId":"2143797877","repostType":4,"repost":{"id":"2143797877","kind":"highlight","pubTimestamp":1623856200,"share":"https://ttm.financial/m/news/2143797877?lang=&edition=fundamental","pubTime":"2021-06-16 23:10","market":"us","language":"en","title":"Why GEO Group Is Soaring 11% This Morning","url":"https://stock-news.laohu8.com/highlight/detail?id=2143797877","media":"Motley Fool","summary":"The private prison operator is the latest meme-stock fave.","content":"<h2>What happened</h2>\n<p>Shares of <b>GEO Group</b> (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.</p>\n<h2>So what</h2>\n<p>There was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.</p>\n<p>While rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.</p>\n<h2>Now what</h2>\n<p>GEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer <b>CoreCivic</b>.</p>\n<p>GEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).</p>\n<p>Yet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.</p>\n<p>Yes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why GEO Group Is Soaring 11% This Morning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy GEO Group Is Soaring 11% This Morning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:10 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEO":"GEO惩教集团"},"source_url":"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143797877","content_text":"What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\nThere was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.\nWhile rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.\nNow what\nGEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer CoreCivic.\nGEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).\nYet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.\nYes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":129017463,"gmtCreate":1624343839252,"gmtModify":1703834016259,"author":{"id":"3586327030342671","authorId":"3586327030342671","name":"FernEdge","avatar":"https://static.tigerbbs.com/2a26b8f27e6420e1d87faa6678b02b6e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586327030342671","authorIdStr":"3586327030342671"},"themes":[],"htmlText":"I’m shocked","listText":"I’m shocked","text":"I’m shocked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129017463","repostId":"2145032477","repostType":4,"repost":{"id":"2145032477","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624327535,"share":"https://ttm.financial/m/news/2145032477?lang=&edition=fundamental","pubTime":"2021-06-22 10:05","market":"us","language":"en","title":"'I regret any harm:' Short seller compensates target in rare move","url":"https://stock-news.laohu8.com/highlight/detail?id=2145032477","media":"Reuters","summary":"BOSTON, June 21 (Reuters) - A small Texas investor who caused shares of a real estate investment tru","content":"<p>BOSTON, June 21 (Reuters) - A small Texas investor who caused shares of a real estate investment trust to plunge 39 percent in a day has agreed to pay the company restitution to settle a lawsuit against him, a rare development that could embolden other companies to pursue such claims.</p>\n<p>Quinton Mathews, who published his research on companies online under the pseudonym Rota Fortunae, will pay <a href=\"https://laohu8.com/S/FPI\">Farmland Partners Inc</a> \"a multiple\" of the profits on his short bet in 2018, according to the terms of the legal settlement announced late Sunday. His research had helped wipe as much as $115 million off Farmland's market value.</p>\n<p>The parties declined requests for comment on the exact value of the settlement.</p>\n<p>Mathews conceded that \"many of the key statements\" in a report he published on website Seeking Alpha targeting Farmland - including allegations of dubious related-party transactions and the risk of insolvency - were wrong.</p>\n<p>\"I regret any harm the article and its inaccuracies caused,\" Mathews said in the announcement, which was posted on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and Seeking Alpha.</p>\n<p>Paul Pittman, Farmland's chief executive officer, said in a statement that \"investors already recognize that the company was the victim of a short and distort scheme.\"</p>\n<p>Farmland shares traded around $12.50 on Monday afternoon, up from around $5 after the short campaign. The company has produced trailing total returns of 12.5% over the last three years, about 10 percentage points lower than the specialty REIT sector, according to a Morningstar tracker.</p>\n<p>Jacob Frenkel, an attorney with Dickinson Wright who has defended companies against allegations of stock manipulation and was not involved in the Farmland case, said Mathews' apology and payment could build company confidence to pursue similar claims against short sellers.</p>\n<p>\"It's highly unusual and refreshing to see a company take on this fight, because most will take the short term blow of the attack without pursuing legal vindication,\" Frenkel said.</p>\n<p>George Moriarty, the former executive editor of Seeking Alpha, told Reuters in 2019 that courts had respected the website’s status as a neutral platform, and that its staff vetted all posts (Read more ).</p>\n<p>After the retraction, Seeking Alpha on Monday took down all articles by Mathews, including the original post on Farmland, and blocked his account, according to website representative Abby Estikangi-Carmel.</p>\n<p>Seeking Alpha's policies include author certification that they were not paid to post and, for short reports, that the assertion was run by the target company.</p>\n<p>\"Regardless of the steps you take, a bad actor may decide to defraud us by violating our policies, as evidently happened here,\" Estikangi-Carmel said. \"Thankfully, it appears to be an isolated incident.\"</p>\n<p>Mathews runs a <a href=\"https://laohu8.com/S/AONE\">one</a>-person investigative research business, Dallas area-based QKM LLC, and has published more than a dozen articles on Seeking Alpha.</p>\n<p>Farmland's litigation against a hedge fund firm that paid Mathews for research, Sabrepoint Capital Management LP, continues. Sabrepoint founder George Baxter said his firm had nothing to do with the Seeking Alpha article and that it would \"defend itself and its employees vigorously against Farmland's frivolous claims.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'I regret any harm:' Short seller compensates target in rare move</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'I regret any harm:' Short seller compensates target in rare move\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-22 10:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BOSTON, June 21 (Reuters) - A small Texas investor who caused shares of a real estate investment trust to plunge 39 percent in a day has agreed to pay the company restitution to settle a lawsuit against him, a rare development that could embolden other companies to pursue such claims.</p>\n<p>Quinton Mathews, who published his research on companies online under the pseudonym Rota Fortunae, will pay <a href=\"https://laohu8.com/S/FPI\">Farmland Partners Inc</a> \"a multiple\" of the profits on his short bet in 2018, according to the terms of the legal settlement announced late Sunday. His research had helped wipe as much as $115 million off Farmland's market value.</p>\n<p>The parties declined requests for comment on the exact value of the settlement.</p>\n<p>Mathews conceded that \"many of the key statements\" in a report he published on website Seeking Alpha targeting Farmland - including allegations of dubious related-party transactions and the risk of insolvency - were wrong.</p>\n<p>\"I regret any harm the article and its inaccuracies caused,\" Mathews said in the announcement, which was posted on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and Seeking Alpha.</p>\n<p>Paul Pittman, Farmland's chief executive officer, said in a statement that \"investors already recognize that the company was the victim of a short and distort scheme.\"</p>\n<p>Farmland shares traded around $12.50 on Monday afternoon, up from around $5 after the short campaign. The company has produced trailing total returns of 12.5% over the last three years, about 10 percentage points lower than the specialty REIT sector, according to a Morningstar tracker.</p>\n<p>Jacob Frenkel, an attorney with Dickinson Wright who has defended companies against allegations of stock manipulation and was not involved in the Farmland case, said Mathews' apology and payment could build company confidence to pursue similar claims against short sellers.</p>\n<p>\"It's highly unusual and refreshing to see a company take on this fight, because most will take the short term blow of the attack without pursuing legal vindication,\" Frenkel said.</p>\n<p>George Moriarty, the former executive editor of Seeking Alpha, told Reuters in 2019 that courts had respected the website’s status as a neutral platform, and that its staff vetted all posts (Read more ).</p>\n<p>After the retraction, Seeking Alpha on Monday took down all articles by Mathews, including the original post on Farmland, and blocked his account, according to website representative Abby Estikangi-Carmel.</p>\n<p>Seeking Alpha's policies include author certification that they were not paid to post and, for short reports, that the assertion was run by the target company.</p>\n<p>\"Regardless of the steps you take, a bad actor may decide to defraud us by violating our policies, as evidently happened here,\" Estikangi-Carmel said. \"Thankfully, it appears to be an isolated incident.\"</p>\n<p>Mathews runs a <a href=\"https://laohu8.com/S/AONE\">one</a>-person investigative research business, Dallas area-based QKM LLC, and has published more than a dozen articles on Seeking Alpha.</p>\n<p>Farmland's litigation against a hedge fund firm that paid Mathews for research, Sabrepoint Capital Management LP, continues. Sabrepoint founder George Baxter said his firm had nothing to do with the Seeking Alpha article and that it would \"defend itself and its employees vigorously against Farmland's frivolous claims.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FPI":"Farmland Partners Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145032477","content_text":"BOSTON, June 21 (Reuters) - A small Texas investor who caused shares of a real estate investment trust to plunge 39 percent in a day has agreed to pay the company restitution to settle a lawsuit against him, a rare development that could embolden other companies to pursue such claims.\nQuinton Mathews, who published his research on companies online under the pseudonym Rota Fortunae, will pay Farmland Partners Inc \"a multiple\" of the profits on his short bet in 2018, according to the terms of the legal settlement announced late Sunday. His research had helped wipe as much as $115 million off Farmland's market value.\nThe parties declined requests for comment on the exact value of the settlement.\nMathews conceded that \"many of the key statements\" in a report he published on website Seeking Alpha targeting Farmland - including allegations of dubious related-party transactions and the risk of insolvency - were wrong.\n\"I regret any harm the article and its inaccuracies caused,\" Mathews said in the announcement, which was posted on Twitter and Seeking Alpha.\nPaul Pittman, Farmland's chief executive officer, said in a statement that \"investors already recognize that the company was the victim of a short and distort scheme.\"\nFarmland shares traded around $12.50 on Monday afternoon, up from around $5 after the short campaign. The company has produced trailing total returns of 12.5% over the last three years, about 10 percentage points lower than the specialty REIT sector, according to a Morningstar tracker.\nJacob Frenkel, an attorney with Dickinson Wright who has defended companies against allegations of stock manipulation and was not involved in the Farmland case, said Mathews' apology and payment could build company confidence to pursue similar claims against short sellers.\n\"It's highly unusual and refreshing to see a company take on this fight, because most will take the short term blow of the attack without pursuing legal vindication,\" Frenkel said.\nGeorge Moriarty, the former executive editor of Seeking Alpha, told Reuters in 2019 that courts had respected the website’s status as a neutral platform, and that its staff vetted all posts (Read more ).\nAfter the retraction, Seeking Alpha on Monday took down all articles by Mathews, including the original post on Farmland, and blocked his account, according to website representative Abby Estikangi-Carmel.\nSeeking Alpha's policies include author certification that they were not paid to post and, for short reports, that the assertion was run by the target company.\n\"Regardless of the steps you take, a bad actor may decide to defraud us by violating our policies, as evidently happened here,\" Estikangi-Carmel said. \"Thankfully, it appears to be an isolated incident.\"\nMathews runs a one-person investigative research business, Dallas area-based QKM LLC, and has published more than a dozen articles on Seeking Alpha.\nFarmland's litigation against a hedge fund firm that paid Mathews for research, Sabrepoint Capital Management LP, continues. Sabrepoint founder George Baxter said his firm had nothing to do with the Seeking Alpha article and that it would \"defend itself and its employees vigorously against Farmland's frivolous claims.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163514761,"gmtCreate":1623888774053,"gmtModify":1703822467894,"author":{"id":"3586327030342671","authorId":"3586327030342671","name":"FernEdge","avatar":"https://static.tigerbbs.com/2a26b8f27e6420e1d87faa6678b02b6e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586327030342671","authorIdStr":"3586327030342671"},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163514761","repostId":"2143797877","repostType":4,"repost":{"id":"2143797877","kind":"highlight","pubTimestamp":1623856200,"share":"https://ttm.financial/m/news/2143797877?lang=&edition=fundamental","pubTime":"2021-06-16 23:10","market":"us","language":"en","title":"Why GEO Group Is Soaring 11% This Morning","url":"https://stock-news.laohu8.com/highlight/detail?id=2143797877","media":"Motley Fool","summary":"The private prison operator is the latest meme-stock fave.","content":"<h2>What happened</h2>\n<p>Shares of <b>GEO Group</b> (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.</p>\n<h2>So what</h2>\n<p>There was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.</p>\n<p>While rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.</p>\n<h2>Now what</h2>\n<p>GEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer <b>CoreCivic</b>.</p>\n<p>GEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).</p>\n<p>Yet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.</p>\n<p>Yes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why GEO Group Is Soaring 11% This Morning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy GEO Group Is Soaring 11% This Morning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:10 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEO":"GEO惩教集团"},"source_url":"https://www.fool.com/investing/2021/06/16/why-geo-group-is-soaring-11-this-morning/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143797877","content_text":"What happened\nShares of GEO Group (NYSE:GEO) were running 11% higher in morning trading Wednesday as the Reddit stock trading frenzy latched onto yet another stock that's heavily sold short.\nSo what\nThere was no real news to speak of regarding the private prison operator's business, but with over 35% of its outstanding shares sold short, GEO Group has been adopted as the latest meme stock to get retail investor support.\nWhile rallying around businesses being \"unfairly\" targeted by hedge funds and other short-sellers is fun, it's no way to invest and sometimes a business deserves the negative opinion held.\nNow what\nGEO Group is not in danger of going out of business, at least not anytime soon, but in the very first days of President Joe Biden's new administration, he ordered the Justice Department not to renew its contracts with private prison operators like GEO Group and peer CoreCivic.\nGEO Group's contracts don't begin expiring until 2022, so it has time left before any contracts it has under DOJ purview are killed off (Immigration and Customs Enforcement Homeland Security control are not affected).\nYet, because GEO Group is structured as a real estate investment trust (REIT), the fact that it suspended its dividend in April to focus on its heavy debt load means the reason most people invest in REITs has been taken away.\nYes, the business can survive and maybe the divided will be reinstated, but simply piling into a stock based on the number of shares sold short is no way to invest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
