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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 himmleron Feb 28, 2018 7:31pm
130 Views
Post# 27640387

RE:Be Careful

RE:Be CarefulYeah..the good 'ol charts.Are they, for example, related to the bullish futures chart from a week ago?..or the charts after OPEC announced a great year in 2018 for demand because of the improving world economy?
How about the charts related to the commentary (that fluctuates weekly) about the drawdowns in US inventory ..that sometimes dont even happen..
I think I made my point.NOBODY knows (caps intended) The noise from so-called experts is getting sickening to the point of stupidity...yet they keep on babbling their 2 cents worth..because after all..they get paid to talk.A week later nobody cares what they said because it all changes.
I'll say this though..as Canadians we arent getting our oil to market in a timely way ..so we suffer..thats fact.
The other fundamental is quite simple...if you paid $6 a share for SPE..and it drops to $4 in the next month..say..but rebounds in the last quarter of 2018 to ..say $7..then who really cares.
Its the day to day shreprice thats terrible to watch.If SPE (or any other company) is in good shape finacially..then who the he!! cares?
So unless one daytrades,who really cares about the daily drops?As long as the shareprice recovers a year out it shouldnt matter.
SPE isnt going bankrupt anytime soon.
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