Raise the Red Flag for Corus Bankshares' Huge Dividend [View article]
The stock price is depressed due to the heavy short selling. People hear "Florida" and "condo" and they short without doing any further research.
Meanwhile, insiders are buying. Company announced a 5 million share buyback in October. If you read the annual report, you'll see that this company has been conservative in its loan originations. They are being punished for the misdeeds of others.
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The stock price is depressed due to the heavy short selling. People hear "Florida" and "condo" and they short without doing any further research.
Jan 04 02:03 am
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All Comments by P. Vemireddy »Raise the Red Flag for Corus Bankshares' Huge Dividend [View article]
Meanwhile, insiders are buying. Company announced a 5 million share buyback in October. If you read the annual report, you'll see that this company has been conservative in its loan originations. They are being punished for the misdeeds of others.