Wednesday, February 24, 2010

Insider Trading?

Two of CCA's executives, its Chairman and an Executive VP, have been selling their shares of company stock like hotcakes in the past few months, liquidating more than 50,000 shares between them in that time, as the value of the stock has dipped. While I'm inclined to believe there were some insider trading issues at play here, at the very least, if you own CCA stock (CXW on the ticker), I would suggest you sell it now.

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