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$1.37 -0.10 (-6.80%)
8/29/2008 4:00 PM

Meruelo Maddux Properties, Inc. (MMPI)

CAPS Rating:
*

Dev/redevp/own commercial & residential properties

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Avatar muirmm (99.88) Submitted: 5/13/08 1:10 PM : Outperform Start Price: $2.25 MMPI Score: -31.06

This is a one-star stock right now. Everybody hates it, so the price is very low. Too low, I say. The risk is priced in, and then some. I bet Meruelo will come through just fine, as it's not fatally leveraged; even with property prices down, it has enough equity to survive. It will thrive in a year or two. I'm even tempted to buy some MMPI stock in real life.

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