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Posted by Sarah Evans on Friday, November 19th, 2010

MPG Office Trust, Inc. (NYSE:MPG) stock was closed at $2.01 in the last trading session. MG stock since the start of the day is trading in green zone and getting stronger. The current price $2.35 of the stock depicts 16.92% increase in value from its last closing price. So far the traded volumes of 1.2 million shares are 1.5 times more than it daily average of 809K. The market capitalization of the stock has increased to $113 million due the increase in the price of MPG during today’s trading session. MPG has ranged between $1.20-4.60 in last one year. MPG is looking good option for intraday trading.

MBIA Inc. (NYSE:MBI) shares surged after the regulatory disclosure by chief executive of the company has bought 100K shares of the company at $10 each. The stock of the MBI has risen to 6.48% after the news announcement as this is taken very positively by the market. If the management of the company increases their ownership in the company, it shows that they are very confident about the future prospect of the company and it conveys positive future of the company to other shareholders’. The last trade took place at a price of $10.51 from its last closing price of $9.87. The volume turnover is in line with its daily average share turnover of 4.6 million. MBI is trading at discount to its fair value of $12.00 and offering potential upside gains to its investors. Intraday to short term trading is looking fine with proper risk/return analysis at current price.

RAIT Financial Trust. (NYSE:RAS) has gained good price momentum since the commencement of the trade on account of increase in its rating by FBR capital. The FBR capital has upgraded its stance on RAS from underperform to market perform. The news has brought confidence in market participant today and the stock price has handsomely soared. RAS is trading at price to earning multipliers of 1.59. The market capitalization of the stock has increased to $164 million. Currently RAS is trading at a level of $1.69 up by 6.96% from previous closing price of $1.58. The volumes have crossed 2 million shares. RAS is trading close to its fair value of $ 1.75 and upside potential in RAS seems very limited. However it is providing nice intraday trading option with proper stop loss defined.

Regards,

Don