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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

Post by Bigredlark12345on Jun 27, 2022 2:11pm
170 Views
Post# 34785200

The commercial's (i.e.smart money) Are now net long Silver!

The commercial's (i.e.smart money) Are now net long Silver!The last time the Silver Cot report was this bullish we rallied $10 in the price of silver.It doesn't tell when this will happen only that it will most likely happen.Yes we could see the price drop to $17 an ounce before it skyrocket's.But the risk reward is in favor of silver.Look we are most likely are going to have a hyperinflationary depression with extreme increase in prices and an extreme decrease in debt availability that eventually causes a total collapse in the currency and a time of economic depression with in a year.So these short term fluctuations in price of gold/silver mean nothing.And If the big bank's are positioning for a large increase in silver so am i.The two i think have the greatest upside are AXU and GATO...
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