RE:RE:What is the price of this win?I have no doubt, 25 to 30 takes the balance.
It is not in Sahi's dna to quickly fold without a return. I expect a MZO on one of the other properties to compensate the time, planning and legal costs lost.
Book is around the the 18 to 20 dollar mark depending on land sale closures this year.
I believe that while the press is making the Glen Abbey sound like forever golf, TWC has the right to re apply in the future.
I have looked at some twitter, this move has more negative comments than positive. Many say that housing supply is more important than fat cat golfing.
Pandering to NIMBY's may have a unexpected political price.
I am trading the stock. In a rare move I pruned a portion in the low 20's earlier after the block bounce.
I bought back some late today. And will reestablish over the next few weeks.
By the way, it sure looks like that block had some information that we were no privy to.
Someone call the regulators.