I don’t short companies, but I understand shorting Joe in the short term.
Joe is the kind of small company that you could destroy by shorting it…and getting some of your buddies to do the same.
Chances are though, that in the long run, Joe will make it through. Interest rates will have gone to 14%, and be headed back down to 5%, and the real estate market will be on fire again. I’m guessing, it will take 17 years, and when it does, buying slices of a $2 Billion Joe, will look pretty smart when it is $22 Billion. Greater than 15% looks good on your resume.
Here is the thing though…they could take seven years away. They could be at $22 Billion in ten years.
Here’s how:
Give land to CSX…and stipulate a 15% of all “green fares”. They could give land to FPL and collect 25% of all “green energy” dollars collected. They could get GE, Siemens, Emerson, ABB, Honeywell, Danaher, Coca-Cola, Google, Cisco and Microsoft to sponsor the whole green city….the “model green city”. I’m sure IBM, XOM and surely BP would through in on “the great saintly green city”.
Give away some land...hold some strategic spots....
I’ll bet you two tax returns, that the O’Bama group would toss in a few hundred billion in creating the “ultimate green example” that created 500,000 jobs.
You saw it here first….
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