Q: it seems the fortunes of this company are at least stabilizing if not turning around. They are profitable and have negotiated a more favourable debt maturity structure. My main question is in regards to the short interest of around 18% - is this not a risky thing to do in light of the above? I read somewhere the short positions have actually been established as hedges by convertible bondholders - if the company tanks, the bonds sink but the short positions offset. If the company succeeds and share price increases, the convertible bonds can convert to equity at the lower conversion rate and close out their short position. Am I on the right track? I can't otherwise explain this huge short %
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Investment Q&A
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Q: Hi 5i,
Seeing a lot of movement in this one on 15-Aug; could this be due to increased interest resulting from Michael Burry taking a significant position? Or is there more to the story?
Seeing a lot of movement in this one on 15-Aug; could this be due to increased interest resulting from Michael Burry taking a significant position? Or is there more to the story?
Q: I note good quarterly numbers. The short interest is 23%. Would this be a possible meme stock that would shoot higher with a short covering rally from improving financial situation? It's in the unpopular, possibly immoral, industry of private prisons but isn't that exactly what an investor should be looking for? - buy what others don't want and sell what everyone wants? If crime continues to increase, the political will to swing back to more incarceration may help.
Q: quote.......
The vast majority of GEO's revenue is derived from its U.S. Corrections & Detention segment, which focuses on leasing and operating correctional facilities.
what's your take on this company going fwd
what is the current dividend yield
thank you
The vast majority of GEO's revenue is derived from its U.S. Corrections & Detention segment, which focuses on leasing and operating correctional facilities.
what's your take on this company going fwd
what is the current dividend yield
thank you
Q: Greetings 5i,
Thoughts on this REIT as it's now showing a div over 10 %. Would you recommend for income and US REIT exposure? Thoughts on the sector would also be appreciated.
Cheers!
Thoughts on this REIT as it's now showing a div over 10 %. Would you recommend for income and US REIT exposure? Thoughts on the sector would also be appreciated.
Cheers!