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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

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Post by Jean33on May 21, 2022 2:46pm
181 Views
Post# 34700517

Uptick Rule

Uptick RuleOne last point, shorty, Eric Sprott a billionaire, CEO of First Majestic along with other have given testimony here in Canada to bring back an uptick rule. You why shorty? It is because the penny short attack junior company, By keeping the price of share so low because shorting is permitted share are to low and they have to raise cash at ridiculous level and diluting value. Eventually they disappear.

Those that gave testimony have requested that the rule being reinstated at the level of $3 so penny short could do no harm. The Government seem to be an accord as they have demonstrated the sheer amount of junior who have disappear because share price are pummeled.

shorting is a necessary evil but at higher price. But a penny shorter is a leech, no other word, to coward to buy share,no he flips for pennies.  If you are so good Charlie Brown why don't you applied to take over  CEO job at Axu instead of waisting you're analytic BS over here.

I tell you why. You are a no one hiding behind a funny. me spilling BS. The  a law for up tick rule is at the Canadian Parliament being discited. You may have to find a new job eventually.
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