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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

Comment by deeton Jul 07, 2022 9:32am
260 Views
Post# 34807910

RE:Do not Touch this stock

RE:Do not Touch this stock
Chefboy69 wrote: its toxic


I just had to work an 80 work week so i could recover the losses I had here

YOU HAVE BEEN WARNED


You managed to recover your losses in one 80-hr work week?  Consider yourself lucky.  Investors who bought even just a couple of weeks ago are SOL. Some here might have bought in the $2 - $3 range. Hecla is picking up the mine for peanuts.

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