Top Bears Reasons To Sell — Vote below!

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They are doomed

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Company: Maguire Properties (MPG)
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100%
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1 votes

  They are doomed

Too much debt, softening markets and high costs of ownership will eventually catch up with MPG. New management (Spring '08) has been slow off the mark and has failed to execute promptly with respect to halting the bleeding of precious cash and having sincere but measured "talks" with it's (MPG's) Lenders. The music has stopped boys, time to give back a few sets of keys. Early in the year, The Board, in their infinite wisdom, declined an offer of $20+ per share from eponymous founder who was summarily dismissed as CEO. He is probably thanking his lucky stars that they didn't accept the offer!

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