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Re: eleniak post# 41708

Wednesday, 02/11/2015 9:50:04 AM

Wednesday, February 11, 2015 9:50:04 AM

Post# of 45504
Eleniak, yes I have been buying the stock all the times that I mentioned I did. What I'm saying about the jail side is that it is my personal belief that they are processing between 50 -60million annually (minimum) and so that alone would generate almost $2 million in revenue. If SECURUS was going to buy that portion of their business it would generally be bought at 4 or 5X that number, so my guess is it could in theory be worth up to 10 million. This is just my theory based on information I have compiled over the years. I think GPSI is grossly undervalued and it will soon start catching up to where it should be in value and will get more attention than the ten people here, myself included. This company is so tightly held and I would all but guarantee there is no institutional owners of this stock but rather all private holders.