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Opinions Ben Stadelmann
Alexanders Inc.ALXPAST TOP PICKOct 09, 2008
(Top Pick Sept 7/07, Shorted, He’s up 6%), just declared a special dividend of $7. New York real estate firm and quite disconnected from rest of country; has not caught up to the recession.
$309.21
Stock price when the opinion was issued
$262.60
As of Jun 12, 2026. Market Open.
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TOP PICK
Top Short A REIT. One of the major dangers in shorting is if they pay out money, which they have not been doing. Own 7 good properties in New York state. Have lost money in 2 of the past 3 years. CEO took out about $60 million, which he doesn’t like. Revenues of about $200 million, but have a debt load of about $1 billion.
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