drmalaka

Downey Financial: Higher Delinquency When Minimum Payments Reset

This is a horrible bank in a lot of trouble. As crazy as this market is regarding negative news, as the banks have all been going nuts the past month and a half this one has not.

I shorted DSL about two months ago and while most banks are up 20-50% since then this one is down about 40%. This stock can not even be helped by a crazy irrational market. How much worse can it get for them.