Suggest you get over any naive hope that Joe stockholders are 'partners' w/ management in owning/developing the Company's land.
gEE thanks for the encouragement! -) But I think you are being realistic. It makes me sick to have spent so many years researching reit's and land companies, specifically in florida and the best one by far is JOE but management is too greedy. How can the SEC allow them to pillage the company? As well, the Dupont foundation which has been the largest shareholder of this co. since inception in the 1930's, and sellling their shares like mad this past year by the way, how could they have allowed this? Maybe thats why they are selling!