INITIATE OR ADD TO SAINT JOE COMPANY $JOE
This post was just published on ZYX Buy Change Alert.
JOE is a very large Florida land owner. This is a very long-term position. The thesis is that migration to Florida will continue and over a very long period of time land prices will go up. Moreover investing in land for the long-term also provides nice diversification.
10% of the full core position size is being held. Consider adding up to 35% in the zone of $14 to $16.31. The stock is trading at $16 as of this writing.
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