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| PAST TOP PICK | 309.210 | Ben Stadelmann | (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. | 2008-10-09 | |
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| PAST TOP SHORT | 302.800 | Benj Gallander | (A Top Pick Sept 21/07. Up 28% on this Short.) Shorted because US real estate was way overvalued. This company focuses on commercial real estate, which has to go down hill. | 2008-07-04 | |
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| TOP SHORT | 388.100 | Benj Gallander | 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. | 2007-09-21 | |
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| TOP SHORT | 378.300 | Ben Stadelmann | A US REIT. Developed a lot of property in New York City. Real estate in New York has been stratospheric which has pushed the stock very high over the last 5 years. Way overvalued. Would cover his short at 25%-30%. | 2007-09-07 | |
Experts that have talked about Alexanders Inc.
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