• _bcron_@lemmy.world
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    9 days ago

    You’ll probably be disappointed. It’s a coin flip if they even decide to hand contracts to publicly traded companies vs handing contracts to private companies (and getting their backs scratched in the process) and since everyone and their brother is thinking the same thing you are, you’re already paying a ridiculously huge premium, which would eat into any profit.

    Look at $GEO, popped like 100 fucking percent in the 2 weeks from November 5 to November 29, just doubled overnight. Seriously doubled on news of Trump winning.

    Soooooooo you buy now and sell the news? They’re selling the news right now, to you, a bagholder.

    FWIW I have a GED, 2 houses, and a dozen corporate finance textbooks, and I wouldn’t even buy puts on prison stocks because the IV is fucking nuts.

    You’re gonna get mauled, kid