GEO Group: Bullish
The War on Fraud
People Will go to Jail
Government Expenditures are being reduced, however, by giving contracts to the GEO group, the government is bullish on this company.
Fundamentally, net income and net revenue increase, bullish, especially in a time when the US dollar is increasing in value.
Michael Burry's only stock position is GEO group
I see no resistance or walls until at least $20 price levels, easy 100% return on investment. By buying shares, I do not need extra exposure which I typically use option plays for. I will sit on this play. I typically am never this long on something, but I truly believe that in this age of BTC and fraud from people who think the IRS are fools, will be surprised when the feds come knocking for the money. If the fed needs to reduce the money supply, it will do so by any means necessary. Also, like fundamentals, and financials, fully agree with this being way too undervalued.
Just for the record I think EV cars will fail because they have zero towing capacity, likely will look into Hydrogen power instead.
People Will go to Jail
Government Expenditures are being reduced, however, by giving contracts to the GEO group, the government is bullish on this company.
Fundamentally, net income and net revenue increase, bullish, especially in a time when the US dollar is increasing in value.
Michael Burry's only stock position is GEO group
I see no resistance or walls until at least $20 price levels, easy 100% return on investment. By buying shares, I do not need extra exposure which I typically use option plays for. I will sit on this play. I typically am never this long on something, but I truly believe that in this age of BTC and fraud from people who think the IRS are fools, will be surprised when the feds come knocking for the money. If the fed needs to reduce the money supply, it will do so by any means necessary. Also, like fundamentals, and financials, fully agree with this being way too undervalued.
Just for the record I think EV cars will fail because they have zero towing capacity, likely will look into Hydrogen power instead.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.