Aug. 11 at 5:13 PM
$GEO Hi Team. Interesting price action in the last days. I watched the bid-ask values a few times.....there is no "sell-off", somebody wants to change the price level. If someone big wanted to sell, he could get a lot more by being easier on it. So, before the quarter numbers we had PE120 and real estate value 45$ per share (confirmned again by the latest prison sale). After it we have PE35 and 45$ real estate value per share. In 2026 we expect PE12. After the buyback we have 50$ real estate value and PE11. And after the 25% share price reduction we still have 50$ real estate value and PE below 10....
The fundamentals have not changed, it is just looking better and as is always was in the last 2 years, the stock survives all price manipulations. I increased my position by 25% (had to average up....), I believe it was a good chance to buy. Wish good luck to all longs....stay strong and you will harvest the gains....🤑🤑🚀🚀😎😎
