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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

Comment by moneymaker1414on Feb 24, 2018 11:29am
121 Views
Post# 27614292

RE:RE:RE:RE:Management spending with empty pocket- Wannabes

RE:RE:RE:RE:Management spending with empty pocket- WannabesEveryone knows about the oil market who owns this stock....poor excuse. Why give these guys a break? Everyone needs to be held accountable, some teams are equipped to handle different part of the jobs better....I don't disagree that they are good at drilling and finding cheap oil....they are just not good at shareholder value and the the strategy to survive is over, now can they boost their SP??? It doesn't appear to be important to this management group yet...Reverse split and still sinking, look at the chart, no legs and even if oil hit 70 this year this would have a hard time seeing 7 bucks ever again....Unless management puts out a news release saying they are taking some CF and buying back some shares they so quickly took from the reverse split, shouldn't be so hard with a 1/3 gone...turn this pig around and take the bull by the horns....match up with the saudi's IPO coming...get some excitement back, say something reflecting increasing SP value and time these oil price jumps with some buybacks. ...Or they can keep water flooding and be boring oil wannabes and hopefully get bought out when this thing hits below 5 bucks
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