http://www.investcraft.com Stock Picks from Crafty Investors Sun, 13 Jun 2010 21:03:55 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.investcraft.com/mpg-the-future-of-maguire-properties/ http://www.investcraft.com/mpg-the-future-of-maguire-properties/#comments Wed, 16 Sep 2009 19:28:31 +0000 Kenneth http://www.investcraft.com/?p=358 At today's share price, Maguire Properties (NYSE: MPG) stock is priced for a bankruptcy. They closed at $1.33 per share which gives MPG a market cap of about $63 million. This means that the investors think MPG is completely worthless...why? Because MPG actually has more cash on hand than their market cap. Last reported, they had about $64 million cash on hand. That means, just with the cash they have, they can buy back everyone's shares at today's price and go private [...]]]> http://www.investcraft.com/mpg-the-future-of-maguire-properties/feed/ 2