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A savings and loan holding company, which is engaged in the savings and loan business through its wholly-owned banking subsidiary, AnchorBank, fsb.
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dagestan (< 20) Submitted: 8/26/08 10:18 AM : Start Price: $7.25 ABCW Score: -35.84
Anchor problems are with Commerical Loan writedowns.Buyers of development property will see many of these problem projects as great buys. Once Anchor gets control of these projects they will be able to unload them with a mimium of loan write-off. This will take a year or maybe two years. Anchor stock is a great buy for investors at it's current price.
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