Tuesday, August 15, 2006

Correction Corp of America (CXW)

I finally made a purchase today. My last purchase was on May 22nd when I bought more shares of Silver Wheaton (SLW). Today I bought a position in Corrections Corp of America (CXW). They operate 63 correctional facilities that house a total of 71,000 beds. This is more of an immigration play as more beds are needed to detain illegal immigrants that entered through Mexico but are not Mexican citizens.


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