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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: George J. Tromp who wrote (2223)12/29/1999 8:19:00 PM
From: buylowsellhigh   of 2251
 
Actually, they do get a cut of the concession rights in the form of a royalty! They own the land + building(s) + royalties on all the prison-made merchandise (i.e. vanity license plates).

Now, the primary reason for the stock being so down is bad publicity over some high-profile prison break-outs in Youngstown, Ohio. Also, some of the staff were poorly trained - some were or should I say, are, drug mules smuggling heroin and crack into the jailcells.
Hence, they have had trouble raising additional capital so they fired their C.E.O. and are restructuring from a R.E.I.T. into a common stock, again. This is the second stock pick for Y2K which involves a management restructuring. My other pick is: LDM on Toronto. Target: $12.00 but don't accumulate until this 15% correction ends sometime in February!

Happy New Year to all my followers!
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