- Mar 31, 2008
It's easy to make your argument work when you assume, make-up, and basically pull numbers out of your arse. Is a short on JOE a good idea right now. Definitely with the housing market continuing to drop. However if it is a long term buy and hold why sell now?
You don't lose money in Stock unless you sell them when they are down or the company goes bankrupt.
I remember somebody on Sowal breaking out JOE's landholdings int the same format as the Peter Rummell link I attached. I just can't remember who said it. In retrospect it seems spot on.