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The Company operates as the holding company for Downey Savings and Loan Association, F.A. that provides financial services to individual and corporate customers and engages in real estate development activities, primarily in California.
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goldnmypoc (< 20) Submitted: 3/26/08 11:48 PM : Start Price: $20.63 DSL Score: 53.34
California has been hard hit in the real estate market crisis, it isn't over and I believe for the rest of this year though we might see some ups and downs with most financial corporations we are going to see mostly downs. There is a bumpby road ahea...
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jeongwoo (< 20) Submitted: 3/21/08 12:43 AM : Start Price: $22.01 DSL Score: -54.57
so
Odalisque (69.69) Submitted: 12/04/07 10:36 PM : Start Price: $34.43 DSL Score: 52.27
Even a rate cut does not help those whose portfolios are made up of bad loans. I think the bounce that had come through will continue back down.
wirelessben (87.77) Submitted: 11/14/07 8:00 AM : Start Price: $37.00 DSL Score: 52.28
The California real estate fire will continue to burn this S & L too.
lajapartners (96.03) Submitted: 10/27/07 10:56 PM : Start Price: $41.61 DSL Score: 51.25
Not even close to enough allocation for the defautlts heading toward these guys.
bladedart (< 20) Submitted: 10/26/07 1:22 AM : Start Price: $41.17 DSL Score: 51.51
I think this company might go bankrupt because of the subprime crisis. Savings and loans have had a bad history prior to 1990.
eckgar (48.56) Submitted: 10/20/07 9:00 PM : Start Price: $40.58 DSL Score: 53.05
gabage mortgage
odmonk (65.76) Submitted: 7/23/07 11:59 PM : Start Price: $56.32 DSL Score: 53.18
This looks poised to slide further for quite a while.
aaroger (31.99) Submitted: 7/20/07 2:02 PM : Start Price: $59.54 DSL Score: -53.09
69
jimcorbett (< 20) Submitted: 4/26/07 10:49 AM : Start Price: $64.86 DSL Score: 55.20
The worst is yet to come in the repricing of sub prime arms.
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