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sgt.red.blue.red » Comments » CXW

  • Ackman Explains Pairs Play: Corrections Corp and Realty Income [View article]
    What does it mean that CXW doesn't have a strong technical correlation to other stocks when it has a .79 correlation to O, a stock he shorted
    see: www.invescopowershares... ...plug in o and cxw
    disclosure: long O. looked at CXW a few years ago, passed. No yield. Stock price has not tracked O for ten years, even after not distributing any dividends.

    jmann83 said 'very interesting stock, doesn't have a strong fundamental or technical correlation to many other stocks, which is usually a trait of an outperformer,'
    Nov 01 21:10 pm |Rating: +1 0 |Link to Comment
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