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St Joe stock plunges over 20% in two days

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SHELLY said:
...so, the insiders at JOE are telling the hedgies that the company is a piece of crap worth shorting?

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nah but that would be hilarious. They are being investigated for possible insider trading in regards to other now defunct/defunked companies, as you already know I'm pretty sure.
 
SHELLY said:
This is simply a little game that bled over from this thread: http://www.sowal.com/bb/real-estate-discussion/51890-time-buy-joe.html

No liar loans...no granite...no stainless steel...no Pergo?.

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I got that part very clearly. It's just that robertdavies started by saying that JOE was a buy and hold for 50 years, and 18 days later, you are trying to show him that your choice is performing better than his 50 year choice. I think your end date for this wager is May 2011, so it is really pointless to announce the stock prices before then -- It's like you the part, "you don't make or lose money until you sell it." In this case, there is no winner of the wager until May 2011. You know how the market can shift drastically in the short term, so don't be counting any chickens.
 
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Smiling JOe said:
Shelly, you are starting to sound like people who looked at their home value every day. I thought it was supposed to be about time in the market, not timing the market.
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People's homes are not liquid investments with low transactional costs, nor should they be a means of creating wealth.
 
Smiling JOe said:
I think your end date for this wager is May 2011, so it is really pointless to announce the stock prices before then -- It's like you the part, "you don't make or lose money until you sell it." In this case, there is no winner of the wager until May 2011. You know how the market can shift drastically in the short term, so don't be counting any chickens.
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...this is not real--it's a game, it's not "investing" (hence the name Fantasy Portfolio)--it's more along the lines of a horse race. Can you imagine the Kentucky Derby without someone calling the race?
 
Shelly, don't tell me that you are actually having fun, and that people are allowed to get excited about their own choice of spending money, even if it is just for fun.
 
Smiling JOe said:
Shelly, don't tell me that you are actually having fun, and that people are allowed to get excited about their own choice of spending money, even if it is just for fun.
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Let me clarify a few things:

(1) I'm having fun...but it's not costing me anything.

(2) The "wager" end date wasn't of my choosing--robertsondavies chose the timeframe November 4th, until May 15, 201.

(3) There really is no "wager" since robertsondavis turned down my offer to wager $50 to charity (versus his offer of CROCS and a cheap beer) because instead of accepting my choice of stock, he wanted me to select a stock from a list that he proposed to run against JOE (what the hell is that about??).

(4) I'm all for people having fun losing their own money--it's when they try to convince others it's a good thing for them...and to lock their money away for 50 years???? Come on!

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Smiling JOe said:
Now you sound all serious again. Snap out of it, Shelly. 8)
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Not a problem--nothing a little tryptophan won't cure.

BTW, CROX eclipsed JOE today--I bet no one saw that coming :roll:

CROX hit a 52 week high while JOE hit a 52 week low...coincidence?

There, that helped. :biggrin:

Happy Turkey Day!





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