Well this is the first week that we have had a previous company of the week to review, so we will be reviewing Marine Products Corp (MPX). You can read the original write-up on Marine Products Corp. here: http://moderngraham.com/blog/2006/08/company_of_the_week_marine_pro.html
As of the close yesterday, the stock was trading at $8.85. This is a 4.2% increase since we first mentioned the company (last week).
There has been no new news on the company since we wrote about it.
We still believe Marine Products Corp. may be a suitable investment for the enterprising intelligent investor follow Benjamin Graham’s value investing strategy.
Neither of us holds a position in Marine Products Corp. Also, please remember to read our disclaimer.