Time to buy JOE

[robertsondavies]

I have never been one to get in and out of a stock. More buy and hold for a few years, so I am thinking I am just going to put this behind me and hold on for the long haul. I gave up on gambling and starting buying stocks instead several years back and still feel that I am pretty much money ahead so far. Maybe my luck will hold. Now everyone switch to Sprint and go buy a new Ford for me.

I think Sprint is a double this year.

 

[robertsondavies]

The St. Joe Company up 6.1%.... TODAY

up 30% in the last few weeks.

Shelly is this a leading indicator? Intel is holding its own though, basically flat over the last few weeks.

Intel, use your excess cash and buy some real estate in Florida, it is a good place to retire as you go in run off mode, as Personal Computers trend toward shells' attached to the web and the cloud, and then later toward obsolescence, and their processors, fast becoming non mission critical commodity are increasingly made by first AMD, and then Acme.

 

[GatlsGulch2]

Shelly?

Bueller?

 

[robertsondavies]

JOE up only 2.5% today -

how could JOE be up another 2.5% today, and 1% yesterday while the market sells off?

How is it possible? I thought JOE was going down, so shorting it, like David Einhorn, would provide folks with free investment gains, because everyone knows how bad things are in South Walton.

 

[robertsondavies]

Today's update - JOE up 3.75% so far

what a positive indicator for South Walton, and the people who love it.

today, here are the three biggest headllines:

1. Weekly Unemployment Claims dip to the lowest since October 2008.

2. Existing Home Sales Surged in December- Reuters

3. Leading indicators rise 1% in December- AP

 

[beachFool]

Former Fairholme Managers to Launch Mutual Fund - Morningstar Advisor

Former Fairholme managers start a new mutual fund....things that make you go...hmm.

 

[robertsondavies]

Former Fairholme Managers to Launch Mutual Fund - Morningstar Advisor

Former Fairholme managers start a new mutual fund....things that make you go...hmm.

...

 

[robertsondavies]

Former Fairholme Managers to Launch Mutual Fund - Morningstar Advisor

Former Fairholme managers start a new mutual fund....things that make you go...hmm.

what is making you go hmmmm about this?
You see that these are former Fund managers who used to work at Fairholme years ago,,, this isn't Fairholme launching another fund right.

mutual funds, they are started and closed all the time, by the thousands literally, and the underperforming ones are quietly closed with little fanfare, as people are advised to take a swing at the next "promising" or "top decile (looking backwards) mutual fund. i wish people would take more individual stocks in their portfolios or have their brokers do the same.

 

[robertsondavies]

JOE up another 3.8% today! like groundhogs day

all over again

then again, no one cares anymore.
There used to be hundreds of people at any one time viewing this Real Estate discussion at the peak..

...and then, slowly but surely, the eyeballs have gone away, one by one. and the best part of all is that most of the informed opinions left on this sub-board now agree that real estate, including South Waltons' real estate, and land trust stocks like JOE can't go up in value - that would defy their sense of gravity now. The Realtor beatings shall continue until morale improves.

And they have the newspaper, blog and magazine articles to back up their dire viewpoints . . .

 

[robertsondavies]

Correction, JOE up 6.7% for the day !!!

crickets, as the biggest public face of business in South Walton, is up another 6.7% today, just like damn near every day lately...

In the last couple hours, JOE returned more than your Bank CD will return you in the next 3 years.