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Is JOE worth buying ???

goofer avatar
Beach Fanatic
42,374 views
in view of blackstone buying Hilton Hotels ( i wonder if paris is part of the deal) is it worth buying JOE as a speculation?? I have been waiting for JOE to hit 40. Granted that HLT and JOE are separate biz models but there has been alot of activity in the reit sector regard buyouts this year and I am wondering if the next activity will be in companies like JOE or even some homebuilders who are selling at or below book value. there is an excellent research report by smith barney that was published thursday that is really good, discussing homebuilders and the recovery that THEY think will start next year. after the reset of adjustables in the next six months and the subsequent flush, maybe the recovery will start next year :idontno: But in any event is it worth putting some money into JOE now (25%) and waiting ?

Replies

246
Bob avatar
SoWal Insider
#102
do any of you overly-caffeinated day traders ever think long term????
Smiling JOe avatar
SoWal Expert
#103
do any of you overly-caffeinated day traders ever think long term????
:funn:
NoHall avatar
hmmmm......can't remember
#104
:funn:

Every time I see this thread I wonder if you are worth buying? Do you have an asking price?;-)
Smiling JOe avatar
SoWal Expert
#105
Every time I see this thread I wonder if you are worth buying? Do you have an asking price?;-)
I think I might go for about two bits these days. Some project that I don't know what the hell is going on, and that my price may drop to one bit very shortly, and others project that if I stay in good health, my price might go up to three bits with time. I must note that if you are paying two bits, don't expect me to do any cleaning or heavy lifting.
NoHall avatar
hmmmm......can't remember
#106
I think I might go for about two bits these days. Some project that I don't know what the hell is going on, and that my price may drop to one bit very shortly, and others project that if I stay in good health, my price might go up to three bits with time. I must note that if you are paying two bits, don't expect me to do any cleaning or heavy lifting.

Heck, I have the cleaning and heavy lifting under control, and don't want to know what the hell is going on. (Ignorance is bliss.) I just like to be entertained, which is worth a lot more than labor or information.

Fifty cents?

Edited

SHELLY avatar
SoWal Insider
#107
do any of you overly-caffeinated day traders ever think long term????


JOE long term??....Nah, I don't have that much time left on this planet.


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Beach Fanatic
#108
For those with not much time left on the planet, you could have made a quick 10 % on your money this past two weeks with JOE stock. annualized, that works out to...

;)
SHELLY avatar
SoWal Insider
#109
For those with not much time left on the planet, you could have made a quick 10 % on your money this past two weeks with JOE stock. annualized, that works out to...

;)


:roll:

Made more money owning the stock of a company (and taking some profits off the table) that makes plastic shoes--go figure. :idontno:


.

Edited

goofer avatar
Beach FanaticAuthor
#110
SHELLY

Why don't you share your ideas with us? We have been confident enough to tell the board what we do so all can see and respond accordingly. Do you lack confidence or conviction? Be brave and share. :idontno:
SHELLY avatar
SoWal Insider
#111
SHELLY

Why don't you share your ideas with us? We have been confident enough to tell the board what we do so all can see and respond accordingly. Do you lack confidence or conviction? Be brave and share. :idontno:

I don't think it is prudent to do so...there may actually be some fools out there who would use real money (they can't afford to risk) and trade on information they read on the message board.

By my own admission I am a risk-averse investor--and I'm comfortable with my wins and losses. A loss that may be no problem for me, may result in crushing someone I don't even know....I choose not to have my fingerprints on those type of train wrecks.

I'm quite content with things as they are. As long as you traders in stocks and real estate keep offering up your ideas as the "deal of the century"....I'll keep asking questions to see if you can justify your decisions, and the studio audience, playing the home game, can judge for themselves.

My recommendation to those who are "comfortable" with their net worth at this point should consider investing in "experiences" and NOT acquiring more "things." I've not yet seen a Brinks truck in a funeral procession. :cool:

I will tell you this....I don't own any condo preconstruction contracts and I don't hold JOE in my portfolio.



.

Edited

goofer avatar
Beach FanaticAuthor
#112
:lolabove:

Be careful, your arrogance is showing. Why do you continually have to be so condescending ??? Do you really think that people are fools on this message board and that they would rush out and buy any investment ideas you would share with us or would buy my ideas, for that matter ?? It is about dialogue, Shelly and not pontificating !!
BTW, one can be very comfortable with their net worth and still have "experiences". They are not mutually exclusive.
goofer avatar
Beach FanaticAuthor
#113
:roll:

Made more money owning the stock of a company (and taking some profits off the table) that makes plastic shoes--go figure. :idontno:


.

So much for a "risk averse" investor. Very inconsistent with your self description
elgordoboy avatar
Beach Fanatic
#114
I don't think it is prudent to do so...there may actually be some fools out there who would use real money (they can't afford to risk) and trade on information they read on the message board.

By my own admission I am a risk-averse investor--and I'm comfortable with my wins and losses. A loss that may be no problem for me, may result in crushing someone I don't even know....I choose not to have my fingerprints on those type of train wrecks.

I'm quite content with things as they are. As long as you traders in stocks and real estate keep offering up your ideas as the "deal of the century"....I'll keep asking questions to see if you can justify your decisions, and the studio audience, playing the home game, can judge for themselves.

My recommendation to those who are "comfortable" with their net worth at this point should consider investing in "experiences" and NOT acquiring more "things." I've not yet seen a Brinks truck in a funeral procession. :cool:

I will tell you this....I don't own any condo preconstruction contracts and I don't hold JOE in my portfolio.



.
Nice to see someone operate with thoughtful consideration.
elgordoboy avatar
Beach Fanatic
#115
:lolabove:

Be careful, your arrogance is showing. Why do you continually have to be so condescending ??? Do you really think that people are fools on this message board and that they would rush out and buy any investment ideas you would share with us or would buy my ideas, for that matter ?? It is about dialogue, Shelly and not pontificating !!
BTW, one can be very comfortable with their net worth and still have "experiences". They are not mutually exclusive.
Not my fight but...with nearly 5500 members and who knows how many lurkers...I guarantee there are at least a few fools on this message board and when it comes to following stock tips I am not discounting myself.
SHELLY avatar
SoWal Insider
#116
So much for a "risk averse" investor. Very inconsistent with your self description

At the time CROX flew well below my "risk radar." When you saw whole beachtowns full of folks walking around in day-glo orange plastic shoes it wasn't difficult to spot that opportunity--it just turned out better than I expected (call it dumb luck if you will).

.

Edited

Smiling JOe avatar
SoWal Expert
#117
At the time CROX flew well below my "risk radar." When you saw whole beachtowns full of folks walking around in day-glo orange plastic shoes it wasn't difficult to spot that opportunity--it just turned out better than I expected (call it dumb luck if you will).

.
I'll call it something else instead, "Trendy." :cool: I don't follow CROX, but I suspect that the trend will fade faster than the low carb craze at all of the fast food burger joints.
SHELLY avatar
SoWal Insider
#118
I'll call it something else instead, "Trendy." :cool: I don't follow CROX, but I suspect that the trend will fade faster than the low carb craze at all of the fast food burger joints.

I agree that most of the run-up has already happened, but I still think there is room for growth in Crocs going forward, and I pity the fool who hasn't taken some profits off the table and are flying without a net (not placing trailing stops).

All that considered, Crocs are "trendy" (although not my cup-o-tea) but they have gone beyond the plastic, orange, slingback clogs into more "stylish" (and some not-so-stylish) flip-flops, boots, and lace-up shoes for cold climates. Additionally, they have licensing agreements with collegiate sports, NFL, NHL, MLB, NASCAR, PGA and Disney and they have branched out into industry-specific workplace footwear targeting medical personnel and food service workers--each shoe geared to the workplace environment in the form of comfort and safety (i.e., ventilation, arch support and slip-proof tread).

Moreover, in October (just in time for Christmas :roll: ) they are rolling out a men's and children's clothing line (they say some of the colors will match the shoes--so I imagine some of them will be day-glo orange and--instead of feet--will make one's butt look humongous!).

This stock has been heavily shorted for some time, so there are a lot of bets that this company is going to fold like a cheap Dollar General card table; but I've got my original investment back and am riding on their money now, so no worries.

.
Mango avatar
SoWal Insider
#119
Moreover, in October (just in time for Christmas :roll: ) they are rolling out a men's and children's clothing line (they say some of the colors will match the shoes--so I imagine some of them will be day-glo orange and--instead of feet--will make one's butt look humongous!).

:eek:
I suppose Seacrestkristi was on to something when she asked about keeping the orange vests on beach clean up day. :lol:
Smiling JOe avatar
SoWal Expert
#120
Didn't the Crocs recently get pulled from Hospital employees due to the fact that the shoes caused a build up of static electricity which was presenting problems for shocking patients and perhaps stirring up more trouble in the operating rooms? Maybe that was just a rumor. No matter, in five years, people shopping for shoes will think about Crocs as much as they think about Jellies. I agree that you buying a stock of a trendy shoe company sounds opposite of what you describe as your "risk-averse" investment strategy. Did you get the tip off of a message board?

Edited

SHELLY avatar
SoWal Insider
#121
:eek:
I suppose Seacrestkristi was on to something when she asked about keeping the orange vests on beach clean up day. :lol:

She didn't realize that she was "fashion forward."

Would you like some Crocs to go with that orange vest Ma'am?


.

Edited

SHELLY avatar
SoWal Insider
#122
I agree that you buying a stock of a trendy shoe company sounds opposite of what you describe as your "risk-averse" investment strategy. Did you get the tip off of a message board?

If I took tips from message boards I'd have gone broke long ago buying up dot-coms and dot-condos. :cool:

I prefer to do my gambling where they serve free drinks--having said that, in 2005 I took a position in Precious Metals and Mining :shock: ....I attribute it to maybe getting a bad oyster.

(BTW: I am a little overweight in cash right now....the next couple of weeks can be real tricky)

.

Edited

Mango avatar
SoWal Insider
#123
She didn't realize that she was "fashion forward."

Would you like some Crocs to go with that orange vest Ma'am?

.

:funn: :clap:

Edited

SHELLY avatar
SoWal Insider
#124
Didn't the Crocs recently get pulled from Hospital employees due to the fact that the shoes caused a build up of static electricity which was presenting problems for shocking patients and perhaps stirring up more trouble in the operating rooms?

Yeah, Killer Crocs have been banned in Swedish Hospitals and in some hospitals in the UK...the static electricity is allegedly being blamed for shorting out life support machines. :idontno:

....And here's a reason we should ban Crocs in the USA!!:.
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Mango avatar
SoWal Insider
#125
:lolabove: I want what Shelly having late nights.
Care to share? :lol:
Smiling JOe avatar
SoWal Expert
#126
.
This picture says it all. When the people in the photo look back at the pic in two years, they will realize how much they look like prisoners on work leave, and that trend of Crocs will come to a screeching halt.

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