Weakness in United Rentals (NYSE: URI), Terex (NYSE: TEX) and related names was tied to comments from United Rentals CEO Michael Kneeland at KeyBanc Capital Markets 2015 Industrial, Automotive and Transportation Conference. In the presentation, which began at 9 a.m. Kneeland said May revenue is coming in a "little softer" than he had in mind.
St Joe stock is right where it was in 1994, when my wife and mother of my child was 10 years old. Nuf said. I thought about buying it but it seems management is more concerned about themselves. Even Fariholme is bailing, and they are the biggest investor. On the other hand, this could be the bottom given all the pessimism.
to come teach management a lesson about how not to overpay when your stock price is diving.