"Partners in Progress" - A Great Investment
The political goodwill created by "Partners in Progress" paid off handsomely on Friday. Assuming St. Joe contributed circa $1 Million to the PIP "BayCountyFirst" campaign, the return on investment was super.
On a day when the stock market stood still and the only news about The St. Joe Company was Bay County's approval of the Sector Plan land use proposals, JOE stock surged 5%, adding $130 Million to market capitalization. The holdings of management insiders gained millions too. Anybody holding December 35 call options gained 60% overnight!
Well done, Bay County Commission and "Partners"! Here's hoping you get the gravy you anticipate soon. After all, it's "our" turn.
5:24:33 PM 
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