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Berkowitz, Einhorn, and St. Joe
http://www.futureofcapitalism.com/2011/05/berkowitz-einhorn-and-st-joe
Here's the Wall Street Journal's latest handling of the debate between Bruce Berkowitz and David Einhorn over the value of St. Joe, a Florida real estate company:
If a stock bought at $26 and now trading at $25 is a "stumble" for Mr. Berkowitz, what is it for Mr. Einhorn or for the Wall Street Journal? On October 13 Mr. Einhorn had announced the stock was worth $7 a share, and the Journal gave his claim a lot of coverage, going so far as to announce, in a follow-up story in January, "St. Joe: Short Sellers Win Round One as SEC Noses Around." Who has been more right about the stock, Mr. Einhorn and the Journal or Mr. Berkowitz? by Ira Stoll | May 10, 2011 at 2:36 pm Related Topics: AIG, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list Reader comments on this item
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