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Re: inversor86 post# 43

Wednesday, 09/21/2016 10:03:31 AM

Wednesday, September 21, 2016 10:03:31 AM

Post# of 197
Skimmed that SA article and the comments. Certainly an interesting line of business. I'd worry about the cost of running prisons with low occupancy. And what can the company do with shuttered facilities? Can't see converting them into condos, factories, warehouses or offices. Land isn't usually the most desirable either.

Thus downside and not much upside... unless bought really cheap.


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