Alexander's Inc V.ALX

Primary Symbol: ALX

Real Estate REIT - Retail

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

Alexander's Inc

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Comment by Stylesson Sep 28, 2014 6:00pm

174 Views

Post# 22977979

RE:RE:RE:Direction

don't think anything you said is true.lol

One, guys like O'Conell who have made triple digits backing this management twice before will buy and hold their shares. They aren't the ones trading it. If you let this management team grind it out and you're patient, the stock will continue to go higher.

Assuming O'Conell played in the last financing that was @ 3.75 (he probably played in all of them starting at 50 cents), he's only down 5%.

People need to relax.

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