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I posted about my short last week: https://www.reddit.com/r/wallstreetbets/comments/1gqijhb/pump_and_dump_alert_geo_group_stock_likely_to/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button
It's a hype cycle that is overbought. We've seen this before and after the hype comes the crash.
The Financial Times published an article quantifying the poor performance of these same private prison stocks under the first Trump administration where the same stock price dynamics played out: https://www.ft.com/content/a8832793-8644-415b-9cb0-2fe67a35fece
Position:Â I am still short 1,956 shares at an average cost basis of $25.31.
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