Maguire Properties, Inc. (NYSE:MPG)

Large Office rental REIT (in LA) will benifit as business slowly picks up along with super low borrowing rates. This stock is beat-up badly and is good for bottom pickers.

Earnings Estimates Revised Downward

Misunderstood and baby thrown out with the bathwater syndrome. Commercial real estate is bottoming and this one is a turnaround story. Might be early still but long-term should be a good investment.

Still based on information provided by FleaBagger: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=383226&t=01003201348156669057.

Just harvesting a score of almost 10, while reloading on today's jump up.

LA is LA!!! Crazy enough to buy a shack for $400k before and as soon as economy picks up a little the LA'ers will grab those low mortgages, choose another property and run with it......

Maguire Properties, Inc. (MPG)
The company is a real estate company that owns, manages, leases, acquires and develops real estate located in: the greater Los Angeles area of California; Orange County, California; San Diego, California; and Denver, Colorado.

MPG is down "only" 36% from its 52W high. I say "only" because MPG is considered one of the "crapiest" stocks here on CAPS.
If that were the case, why is then MPG down only 36% after we just had the most severe correction since March 2009?
Btw., MPG is still approx. 300% up from its March 2009 low.
Definitely, my kind of value play.

Selling this short.

I closed MPG just a week ago at +24 points.
Last few days, MPG has come down approx. 20%, which is nothing comparing to 200% increase in its price during the last month or so. Not to mention that this is a one star stock that many believe is a strong bankruptcy candidate.
Knowing all of that, I still can't go against my eleven twenty-one and chart-eyeballing methods.
Based on both, MPG is a long term winner...

US economy is circling the drain and Goldman is plugging the drain.
This baby is going down like the Titanic.

going up!

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.

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

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

Value buy.

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.

indebted REITS screen

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.