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First Midwest stockholders approve Old National merger
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First Midwest Stockholders Approve Old National Merger
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First Midwest Bancorp, Inc : First Midwest Announces Overwhelming Stockholder Support for Partnership With Old National
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First Midwest Bancorp : ANNOUNCES OVERWHELMING STOCKHOLDER SUPPORT FOR PARTNERSHIP WITH OLD NATIONAL (Form 8-K)
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Were Hedge Funds Right About The St. Joe Company (JOE)?
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do (like Melvin Capital’s recent GameStop losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let’s examine the smart money sentiment towards The St. Joe Company (NYSE:JOE).