The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (182267)	2/6/2009 9:16:57 PM
From: ChanceIs	Read Replies (4) of 306849

Soooooo. Its time to short St. Joe (JOE) again, ne c'est pas??? I having trouble remembering WCI, the Florida builder, which Carl Ichan tried to take over. They turned him down at $25 because they could "unlock the value" w/o Ichan. I need to look at St Joe again. A lot of its business is pulp wood for.......NEWSPRINT!!!!!!! Does everybody know where newsprint is headed??? Let me put it this way. Newsprint is headed to the same place as this thing which I would venture to guess that 40% of the readers here have never seen and/or are capable of describing its place in existence................... - - - - - - - - - - - - - - - - - - - - This is a Claes Oldenburg sculpture of a typewriter eraser, found in the Sculpture Garden at the National Gallery of Art in Washington, DC. Hell, probably 20% of you have never seen a typewriter. I bet 10% have never seen a line printer. Bottom line - I think that pulpwood is going away and St. Joe might be a great short.

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