Maguire Properties, Inc. (MPG)

TSIF (98.51) Submitted: 11/4/2009 2:22:27 PM : Start Price: $2.13 MPG Score: +11.46

Maguire Properties share price spike today is addional proof, (as I posted with ABK) that investors can't read quarterly reports. It's also another chance for the irrational market to slam a hammer on my red thumb and make it throb, but I'm willing to take that risk under these conditions. I really didn't expect Maguire to hit that $100 Million market cap again here on caps, at least not in the current decade. Just the phrase "owning and operating high-quality office properties in the Southern California market" should make someone shudder.

The Maguire earnings release, unlike some other companies where the bad and good intermingle and a balance detector is needed, is clearly all red ink and I can't find what made the investors so excited (rational or irrational). As a property/lease manager, Maguire is shedding some some properties, both to raise funds and to limit exposure. Selling your better assets to raise funds reduces future potential, but who wants the bad assets?? "Net loss available to common stockholders for the quarter ended September 30, 2009 was $(46.8) million, or $(0.97) per share". (ON a company with a NEGATIVE $8 book value and net negative tangible assets).

nicholaspwhitney (< 20) Submitted: 10/27/2009 2:51:53 AM : Start Price: $1.87 MPG Score: +0.29

MPG has been able to shed some of their troublesome properties by giving back the properties to the banks under the terms of their non-recourse loans. Now, with a portfolio of properties acquired before the real estate run-up, their prospects look better.

DarthMaul09 (97.81) Submitted: 10/23/2009 12:48:23 AM : Start Price: $2.49 MPG Score: +20.96

Optimistic price rise of a property company where the shaky ground is not limited to just earth quakes. The economies in those areas are not likely to recover quickly, which begs the question, why would property prices or rental income rise in these areas?

This is just a replay of my previous bet.

lonewulf47638 (59.64) Submitted: 10/12/2009 7:38:09 AM : Start Price: $2.44 MPG Score: +21.14

Real estate will continue to decline for another year.

NoDoughBro (72.92) Submitted: 10/5/2009 10:17:36 PM : Start Price: $2.37 MPG Score: -21.66

I've neen watching you. Now it's your time.

Arniusportfolio (95.33) Submitted: 9/29/2009 2:38:10 PM : Start Price: $2.38 MPG Score: +21.92

Look at fundamentals - enough said ;) This company will be trading at pennies in no time :)

spundun (68.07) Submitted: 9/28/2009 9:42:48 PM : Start Price: $2.21 MPG Score: +14.16

HT UL

Displacement (78.00) Submitted: 9/25/2009 9:26:26 PM : Start Price: $2.38 MPG Score: +21.92

This is just plain ugly. It's too bad, the company's run by some pretty good guys.

ll00 (58.10) Submitted: 9/23/2009 3:41:30 PM : Start Price: $2.45 MPG Score: +21.62

lalala

lllchicalll (81.65) Submitted: 8/29/2008 3:53:53 AM : Start Price: $11.30 MPG Score: +68.31

dwot

PN2LAMB (44.01) Submitted: 5/31/2008 3:22:46 PM : Start Price: $15.66 MPG Score: -67.25

Value buy.

jack21222 (99.01) Submitted: 5/19/2008 8:42:14 AM : Start Price: $14.34 MPG Score: +64.48

Five BILLION in debt with only 90 million in cash, and it's losing money. Just ended its dividend, and the CEO just bailed out.

The only upside is that 30% of its shares are already short, which represents a lot of latent buying power, since those shares will need to be covered eventually. May be risky to put real money into it for that reason. However, in the long term, I can't see this company surviving.

TheRupturedDuck (97.48) Submitted: 4/17/2008 8:06:32 AM : Start Price: $15.72 MPG Score: +69.42

indebted REITS screen

EMG114 (25.13) Submitted: 4/15/2008 10:40:04 PM : Start Price: $16.35 MPG Score: +69.41

The real estate market was hit in a big way in California and other states in the nearby area. For this reason, you can expect a decline in value for the stocks of this company.

Expectations are low...not a good investment now.