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.

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Alexander's Inc

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Comment by gopatson Nov 25, 2014 5:08pm

246 Views

Post# 23163430

RE:RE:Ok what just happened?

An aquisition hurts the share price big time????

Holy @#$ but that is the dumbest post I've read in a long time. I have never lost money on a buy out. Ever.

Any who cares if we are down 20% from the high and we get aquired for less than the all time high. Just roll the money into any other solid energy company that is also down 20% + (I can provide a list of a few good ones) and your net gain when energy stocks recover is larger than if there was no buyout.

I'm dreaming of a buyout. I doubt it will happen but who knows. There has been very solid buying for several days now especially given the context of the oil market right now.

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