Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Alexander's Inc V.ALX


Primary Symbol: ALX

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.


NYSE:ALX - Post by User

Bullboard Posts
Comment by Stylesson Jun 19, 2014 10:58am
173 Views
Post# 22675154

RE:Analysts and recommendations

RE:Analysts and recommendations

that may or may not be true, but one thing is for certain. They know more than you.

That can also be a positive. Have you ever invested in the prior iterations? Doubtful. Let me explain to you my experience as i have. 

Companies on a growth trajectory like SPE always get to their target prices before analysts can even update them. Then analysts see that the stock has blown through their TP with operational excellence and they end up upping them afterwards. So in theory, your right. Target prices are fictional. In this case, that's a good thing because this stock won't stop at 5 bucks or 5.50 like analysts are suggesting. If you need a real good case study on this very point, look no further then Raging River. That stock has hit analyst target prices year over year and analysts have had to continue to move the target price higher as the company keeps shattering their estimates. 

SPE will do the same. They've done it twice before. 

Keep losing out buddy. This whole time you've been talking, the stock went from 3.65 back to 4.30

Bullboard Posts