DMizzy

Will Downey Financial Go To Zero?

I agree with everything posted here and actually I am probably more negative on this pig than most as I think they have until the summer. Properties in foreclosure are up 500% in just 3 months on some of their securitizations. I am also short the company. The thing that scares me as a short is that it seems everyone knows this company is worth zero. What is the bull case? If there is none, then why is this trading in the high teens and not single digits. I cant find anyone that says anything positive about this company. What is the bull case? What are we missing if anything..