CXW hits $36.38!

Posted by Blain Reinkensmeyer on Thursday November 9, 2006

Well, when things happen they happen, Corrections Corp of America (CXW) ’s as of 1:24 PM is $46.38, our exact stop loss point I put up for readers on my call from earlier. Actually now real time a new low was just set of $46.36. Volume on the stock is currently just over 250,000 shares which is half of its daily average. We will see where it ends up closing, and for now our 6 to 1 odds did not work out this time, but the best thing about the market is that there is always tomorrow! I will continue to watch the stock for readers and see where it ends up over the next few weeks! As always,
Happy Hunting!

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