This post was just published on ZYX Buy Change Alert. The company is a big land owner in North West Florida and a real estate developer. The position is long with an average price of $16.00. Currently, 45% of the full core position size is being held. Profits have been taken
This post was published on ZYX Buy Change Alert. JOE has made a tender offer at $18.00 per share for 16.6 million shares out of 91.9 million shares outstanding. This is a low-ball offer. If it was not for volatile overall market conditions, we would have recommended against tendering. However, in view
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
This post was just published on ZYX Buy Change Alert. JOE is a very long-term position. JOE is one of the biggest land owners in Florida. A simple fact is that over a long period of time land value goes up. However, in the short to medium-term there is a problem. Bruce Berkowitz,
This post was just published on ZYX Buy Change Alert. St. Joe Company The company is a big land owner in North West Florida and a real estate developer. The position is long with an average price of $18.00. Currently, 80% of the full core position size is being held.
This post was just published on ZYX Buy Change Alert. JOE is in the buy zone. JOE is a real estate development company that owns 577,000 acres of land primarily in northwest Florida as well as 405,000 acres on the coast of the Gulf of Mexico. The position is long with
This post was just published on ZYX Buy Change Alert. The company is a real estate development company that owns 577,000 acres of land primarily in northwest Florida as well as 405,000 acres on the coast of the Gulf of Mexico. The position is long with an average price of $18.00.
The following post on St Joe Company (JOE ) appeared this morning in the Real Time Feed of the ZYX Buy Change Alert. Joe has entered into an agreement with Fairholme, its largest shareholder, permitting it to acquire beneficial ownership of up to 50% of outstanding common stock. Joe, the