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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

Comment by HuskySWon Jun 08, 2021 2:09pm
224 Views
Post# 33348755

RE:RE:WPM agreement .

RE:RE:WPM agreement .Not sure what other shareholders are thinking but I expect more information from Alexco and the underwriters in a timely fashion.   Judging by the share price and volume in the last five days some may have decided to take profits.  :)  Nothing wrong with that.  Someone once said "Never fall in love with a stock".  Quite franky though this stock is more likley to bounce around some more before year end.  Longer term this stock is likely to be a winner but Alexco needs to provide more short term guidance.  
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