St. Joe Company Throwing In The Towel?

[scooterbug44]

Interesting.

I was just thinking this weekend Joe needed to diversify a little and push to make the section of Watercolor near Publix primary housing focused on partial or full retirees.

If they could get the price points right, that area is ideally situated for it - places to walk & bike, close to grocery store and other amenities, restaurants, and easy to run a shuttle to areas like Seaside, Rosemary, Alys.

 

[beachmouse]

In the other thread, I mentioned that I thought that if they'd develop in SoWal at a $200-$350K price point, they'd sell homes like hotcakes to the aspirational middle class.

 

[austin101]

SEC released filing showing BLACKROCK with 17% of JOE...

 

[robertsondavies]

Where's Shelley?

Shelly? I think he shorted JOE stock a couple months back when David Einhorny said to, and bought stock in some computer company that he said will be around for 50 years or longer, can't remember what he bought long, if it was WANG, UNISYS, NORTEL, or INTEL...