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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

Alexander's Inc > Shorts / Normal coarse purchase, 50 Oil will drive price
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Comment by wittmannon Sep 15, 2017 11:11pm
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Post# 26704252

RE:Shorts / Normal coarse purchase, 50 Oil will drive price

RE:Shorts / Normal coarse purchase, 50 Oil will drive priceWe know that stockwatcher.It really is old news.Some may even wonder if that buying isn't what's propping up the share price lately.I haven't bothered to check..but I think the share price is being driven by fundamentals.The debt that a few here were concerned about is groundless.Most oilcos have debt.Its a question of how much.Experts feel SPE's debt is nothing to worry about.
Me?? personally there is debt that's manageable and then debt that's not.Its All about oil price.
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