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Is JOE worth buying ???

goofer avatar
Beach Fanatic
42,375 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
Smiling JOe avatar
SoWal Expert
#127
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:floor: You got that right. Check out those black bicycle racing Presidential logo socks. :floor: Not many buyers for those.I bet those damn socks cost us taxpayers about $200.

Oh my, I just noticed the hat with his dog on the front. I am the last one that anyone should take fashion notes from, but GW is the Pres. What's up with that?

Edited

Rita avatar
margarita brocolia
#128
She didn't realize that she was "fashion forward."

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


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............

....And here's a reason we should ban Crocs in the USA!!:.
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OMG These photos are too funny! :floor:

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goofer avatar
Beach FanaticAuthor
#129
SHELLY
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.So funny...:clap: :floor: Where do you find all the great pictures that you post. I have always meant to tell you that the pictures you link with your comments are always fantastic. You even found that funny picture of the guy in the aluminum 3 pointed hat when you once commented something to me. :floor:

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SHELLY avatar
SoWal Insider
#130
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.

The story behind that photo was that a Crocs store owner donated the shoes to a group of folks who volunteered to clean up their town.


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SHELLY avatar
SoWal Insider
#131
You even found that funny picture of the guy in the aluminum 3 pointed hat when you once commented something to me. :floor:

Goofer,

You can still order one with overnight shipping in time for the Fed announcement next week!


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PROTECT YOURSELF!




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PROTECT YOUR BROTHER-IN-LAW!
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PROTECT YOUR ROOFER
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PROTECT YOUR PETS!
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PROTECT YOUR WIFE!
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Goofer,

Next week should be VERY interesting indeed! Hang on to your wigs and keys!


Shel.

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Edited

scooterbug44 avatar
SoWal Expert
#132
People do love their Crocs, I just can't get past the idea of wearing plastic shoes in hot weather!

W in crocs w/ black socks, shorts, and a scottie dog hat.........there just aren't words!

Ditto for the foil thong!
goofer avatar
Beach FanaticAuthor
#133
SHELLY

:floor: LOVE the pics.

Just flew into Sowal today from Az. Its good to be back
SHELLY avatar
SoWal Insider
#134
SHELLY

:floor: LOVE the pics.

Just flew into Sowal today from Az. Its good to be back

Welcome back....are you here for the duration?


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Smiling JOe avatar
SoWal Expert
#135
Looks like St Joe is getting their wish for the new road going from the new PCB airport to WaterSound and 30A. It made the 10-20 priority list for the NWFTCA.
scooterbug44 avatar
SoWal Expert
#136
Looks like St Joe is getting their wish for the new road going from the new PCB airport to WaterSound and 30A. It made the 10-20 priority list for the NWFTCA.

Is it really going to be a toll road? Can see that cheesing quite a few folks off!
Smiling JOe avatar
SoWal Expert
#137
Is it really going to be a toll road? Can see that cheesing quite a few folks off!
They can always take the long way and burn more gas. I bet the long way would be an additional 15 miles through traffic. With the average Tahoe or Sequoia getting about 16-18 miles per gallon, at a cost of lets say $3 per gallon (likely much more in the future when they build the road), the costs will offset, and the short way will be much faster without as much traffic.
SHELLY avatar
SoWal Insider
#138
Is it really going to be a toll road? Can see that cheesing quite a few folks off!

Funding for anything is going to be a struggle going forward--Florida doesn't have enough money to keep the lights on next year. There's been lots of chatter of allowing private companies to build toll roads in the USA--here's an article:

http://www.sun-sentinel.com/news/lo...pr04,0,6724216.story?coll=sfla-home-headlines


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goofer avatar
Beach FanaticAuthor
#139
Welcome back....are you here for the duration?

here for 2 months and then ny for the thanksgiving / xmas holiday. my wsb house should be finished mid november. i then plan to live there 6months, az 4 months and bum around the other 2 months.
scooterbug44 avatar
SoWal Expert
#140
Funding for anything is going to be a struggle going forward--Florida doesn't have enough money to keep the lights on next year. There's been lots of chatter of allowing private companies to build toll roads in the USA--here's an article:

http://www.sun-sentinel.com/news/lo...pr04,0,6724216.story?coll=sfla-home-headlines


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The Chicago Skyway and Indiana Toll system are very user friendly and well-run.....................I doubt those companies would be the ones running a toll road down here though!

I have a couple theories as to how we could be saving $$ to make budgets work without resorting to toll roads.......such as having companies that build developments with hundreds or thousands or homes in an undeveloped area subsidize the roads needed to get to them!
goofer avatar
Beach FanaticAuthor
#141
The FED does not want foreclosures on a massive scale and a recession brought on by housing.
DO NOT FIGHT THE FED.
Beach Fanatic
#142
Shelly, we are definitely on different wavelengths. I bot some CROCs for myself this summer, but shorted the stock several days ago, when they announced they were "getting into something else" ... womens clothes or some such thing... JOE is going up. as for CROX, look out below.

oh well, CROX was up today, albeit just 32 cents. Now, today being the biggest up day in the markets in the last 4 YEARS, that doesn't seem to be much of a move up.

hmmmmm.... was JOE up today? anyone,
Bueler?


SOLD TO YOU on the CROX - probably an odd lot I'm sure
scooterbug44 avatar
SoWal Expert
#143
The FED does not want foreclosures on a massive scale and a recession brought on by housing.
DO NOT FIGHT THE FED.

Those aren't the things I ask Santa for either .................. I don't have a beef with the Fed, but with the rampant fiscal irresponsibility that seems to be standard operating procedure for our banks and governments.

If I can't spend more $ than I have without consequences, why can they?

Edited

SHELLY avatar
SoWal Insider
#144
Shelly, we are definitely on different wavelengths. I bot some CROCs for myself this summer, but shorted the stock several days ago, when they announced they were "getting into something else" ... womens clothes or some such thing... JOE is going up. as for CROX, look out below.

oh well, CROX was up today, albeit just 32 cents. Now, today being the biggest up day in the markets in the last 4 YEARS, that doesn't seem to be much of a move up.

hmmmmm.... was JOE up today? anyone,
Bueler?


SOLD TO YOU on the CROX - probably an odd lot I'm sure

June 15, 2007 CROX did a 2:1 stock split...pre-split price was $90. Today's close on those shares was $57 and change.

JOE's share price on June 15 was $47.32. Today's close was??? ANYONE? ANYONE? Bueler?

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Smiling JOe avatar
SoWal Expert
#145
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...

;)


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


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June 15, 2007 CROX did a 2:1 stock split...pre-split price was $90. Today's close on those shares was $57 and change.

JOE's share price on June 15 was $47.32. Today's close was??? ANYONE? ANYONE? Bueler?

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I thought your talk of purchasing and selling CROX was within the same time during the two week period when someone mentioned JOE going up 10%. You said you did better in CROX. :idontno: It is easy to find particular periods when any given stock outperforms another. How did you select June15? If that is the date you bought CROX, it is very opposite of the long term, low risk investments which you state you buy into. Help us understand.

Edited

Miss Kitty avatar
Meow
#146
:wave: ...hello to all my new BFF's that made lots of $$$ today!!! :clap: I think in light of my prowess in picking football teams that I will have Mr. K set me up as a day trader...thoughts? :idontno:
elgordoboy avatar
Beach Fanatic
#147
Shelly, we are definitely on different wavelengths. I bot some CROCs for myself this summer, but shorted the stock several days ago, when they announced they were "getting into something else" ... womens clothes or some such thing... JOE is going up. as for CROX, look out below.

oh well, CROX was up today, albeit just 32 cents. Now, today being the biggest up day in the markets in the last 4 YEARS, that doesn't seem to be much of a move up.

hmmmmm.... was JOE up today? anyone,
Bueler?


SOLD TO YOU on the CROX - probably an odd lot I'm sure
Glad I didn't buy Joe right before the close I'd be down 2.5% in AH, annualized.... that's....broke :eek: . Maybe tomorrow it'll go up and I'll wish I was in it, then it'll go down the next day and I'll be glad I wasn't in. On and on ad nauseum. Why not brag on where Joe is on a 5 minute chart rather than waiting a whole day? :idontno:
goofer avatar
Beach FanaticAuthor
#148
Those aren't the things I ask Santa for either .................. I don't have a beef with the Fed, but with the rampant fiscal irresponsibility that seems to be standard operating procedure for our banks and governments.

If I can't spend more $ than I have without consequences, why can they?

Scooterbug

I agree with you completely....but unfortunately the real world doesn't work that way. The name of the game is to MAKE THE SYSTEM WORK FOR YOU. In capitalism and in a democratic society, elected politicians and markets all want the same thing.......profits, good times and the easy choices to make the most people ( voters and shareholders ) happy. Someday the music will really stop but I think it will be due to an exogenous event, not an economic event. Iran lobbing nukes at Israel will be the end of civilization as we have known it. The real problem facing the world is nuclear proliferation to the crazies.
goofer avatar
Beach FanaticAuthor
#149
:wave: ...hello to all my new BFF's that made lots of $$$ today!!! :clap: I think in light of my prowess in picking football teams that I will have Mr. K set me up as a day trader...thoughts? :idontno:

I think you are being facetious. (sp)? But in the event you are serious, PLEASE RECONSIDER. Successful investing takes many years to learn AND the only way to really learn is to lose money which I think you would not be prepared for. I never day trade but I try to pick my spots, have a good fundamental knowledge of the companies I am interested in, have a macro opinion of the business cycle and the world in general, and then be a contrarian. It is always darkest before the dawn. Especially if you wear a straw hat with a long brim !! ;-)
Smiling JOe avatar
SoWal Expert
#150
:wave: ...hello to all my new BFF's that made lots of $$$ today!!! :clap: I think in light of my prowess in picking football teams that I will have Mr. K set me up as a day trader...thoughts? :idontno:
Alright, Kitty, this was a serious thread. :funn: Instead of having Mr K setting you up as a day trader, I think you should have him set you up with a bottomless bar tab at the pool bar in WC.

Edit- I forgot to add :wave: ;-)

Edited

Miss Kitty avatar
Meow
#151
I think you are being facetious. (sp)? But in the event you are serious, PLEASE RECONSIDER. Successful investing takes many years to learn AND the only way to really learn is to lose money which I think you would not be prepared for. I never day trade but I try to pick my spots, have a good fundamental knowledge of the companies I am interested in, have a macro opinion of the business cycle and the world in general, and then be a contrarian. It is always darkest before the dawn. Especially if you wear a straw hat with a long brim !! ;-)

More like being a smart a$$. ;-) I got a little cocky with my football picks. Don't worry...Mr. K knows better. :wave: I do like reading and learning some things from y'all.

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