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.

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AMREP Corp > AXU Overvalued ? What do you think about this one ?

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Comment by roberto146on Aug 05, 2021 11:30am

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Post# 33654843

RE:AXU Overvalued ? What do you think about this one ?

"What do you think about this one ?"

I think things can be analyzed to death, but it doesn't really matter. It's all about sentiment, which can turn on a dime, as a quick glance at historical charts reveals, and are usually not predicted. That's why analysts do a u-turn on their recommendations the day after price movement happens, whether up or down.

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