Best option is to call lxp and ask for shareholder info.person. but they are options given before they expire.sometimes they sell a little for taxes , that way no cost.but here they hold most.
I assure you buythisdog is not me(buyrightone)! This stock has absolutely no future growth showing! Look it up! That's why it's headed south and so many in denial, and I don't mean the river in egypt!
management has driven this into the ground.Been losing value since long before any recent correction. almost 10% dividend and nobody wants the stock. trading at all time lows as far as I can tell. will never recover in this economy.
Quite obvious that buythisdog and buyrightone are the same. Why does someone think spewing untruths here will keep someone from buying lxp. Must have been fired by lxp.hopefully lxp bought more below $7, I most certainly did. Great long term investment and dividend has room to be higher , maybe later this year.great buy of industrial property in detroit.
What a stupid subject line. Management is not responsible for irrational behavior in the markets. It is doing what it is supposed to do--build or buy properties and lease them at a good rate of return. They are not supposed to worry about inexplicable gyrations in the pps on a daily basis. At most they should simply see a fall in the price as we have seen recently as an opportunity to complete the previously authorized share repurchase at a huge discount to the intrinsic value of the stock.
NOOOO, not at all time lows, but it may get there with the garbage they are buying lately. They just spent 30 million in Detroit!
Lxp finished above the opening price because of the -300 points at opening for dow.very encouraging sign latest seller is almost done.any time a stock price closes above the opening gap down its a good sign.
This stock has tremendous distribution going on. It's below it's major moving avgs. and is going lower. Hedge funds are selling because the "reach for yield" and "financial engineering" game is over. LXP is going down to at least 6.55 before the grass turns green!