Einhorn says JOE could go to ZERO…

David Einhorn, the hedge-fund manager who famously made a fortune by short-selling shares of Lehman Brothers as the company plunged into bankruptcy, said today that shares of St. Joe, a Florida real-estate developer, could go to zero. The stock promptly took a nearly 10 percent tumble and finished out the day’s trading down 9.7 percent.

Observer

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