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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 wittmannon Feb 26, 2018 11:47pm
130 Views
Post# 27625810

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

RE:RE:RE:RE:RE:RE:RE:Management spending with empty pocket- WannabesI strongly suggest you compare SPE to every Canadian oilco..from CPG and SGY..say..to midcaps  like TOU..to large caps like SU and CNQ...even pipelines are hit...in other words..every aspect of Canada oilco's is getting negative views.
And it's mainly the Liberals to blame.Trudeau's to busy promoting dopestocks and posing for childish photo ops.Reminds me of Nero fiddling while Rome burns.Canada cannot get its oil To foreign markets....and it's our own pathetic uneducated fellow Canucks that are To blame..
To blame SPE is just sour grapes on your part.Mind you I am underwater with SPE too,but there's more at play here than what this company can do...low volume daily with one hundred shares being traded..suggests shorting by computerised logarithms.
Not exactly a reality ..but it sure wrecks ones hopes for a stabilization in share price.
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