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The Company is a hybrid thrift/mortgage banking company. It offers a range of home mortgage products to a customer base using a technology-based approach.
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pinyonnut (< 20) Submitted: 3/25/08 1:28 AM : Start Price: $5.30 IDMC.PK Score: -93.24
It will be only a short time before investors realise that IMB uses a solid formula for screening mortgage loan applicants. This will convert to better returns on capitol and a lower default rate than other mortgage lenders are experiencing. I expect the value of IndyMac Bank shares to double this year.
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cubanstockpicker (73.36) Submitted: 4/16/08 5:26 PM
Recs: 0 | Rec This
yes, i remember their formula very well...
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TheGreatSatan (99.98) Submitted: 6/02/08 12:16 PM
Recs: 1 | Rec This
" IMB uses a solid formula for screening mortgage loan applicants."I know from personal experience that they don't.
eskatonic (65.16) Submitted: 6/13/08 11:38 AM
on 03/25 IMB was at 6.33. now it's under 1.50
AnomaLee (99.68) Submitted: 7/08/08 9:41 PM
This top-pitch didn't work out to well... This is going to the de-listed section very soon
Robert685 (< 20) Submitted: 7/11/08 11:36 AM
Recs: 2 | Rec This
now it's $0.28...guess that formula is working pretty well, huh Pzena!!!
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