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Non-Tech : Corrections Corp. (CCA) -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth Kirk who wrote (49)2/11/1998 9:09:00 PM
From: Kenneth Kirk  Read Replies (1) | Respond to of 91
 
CCA is now up to just shy of 40, which leads me to some concerns. I bought at 25 almost a year ago, saw it go to about 44 before the crash, when it dropped to the high 20's. Since then it's been slowly building. Genesis predicts 50-ish, but I'm not so sure. I'm tempted to dump it if it goes over 40, but on the other hand I would like that new 20% capital gains rate if I hold for another 6 months.
So, when do we start dumping?