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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

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Post by Jean33on Dec 07, 2021 12:54am
264 Views
Post# 34205001

Axu my thought

Axu my thoughtI am invested since many years. This history taken onto Axu basically state my reason for having being solidly invested. So far so good I am still in the green in retro spec I could have gotten out last year while share were in the $4 range . But having a solid position afraid of getting cut out of position. but as many other did not see this hammering down coming a tad over 50%. Especially with shortage of commodity all commodity have exploded with the exception of silver. And lately many bankster have been found guilty of tampering with comex contracts and paid huge fines and still they kept on trucking and shorting.

now on top of that our own leach (shorts) are over 2 millions shares short at this time. They do not bring any thing at the table. They prevent juniors from growing exploring. They have to constantly emit shares at low ridiculous price to raise cash. Axu CEO has done a wonderful job Tom have the mine growing during this last decade without going undo and disappear.

meanwhile the shorts bankster steal our commodities, mines foreclose for what to permit a bunch of leech's to rake in millions in profit not contributing to a nation grow, mine provide solid jobs, royalties to a country, leech provide nothing ....I have confidence that in 2022 once COVID is over taken and silver price increase and result of Bd are known we may see blue sky time will tell
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