PMitc34947
09-05-2006, 03:01 AM
As I watch my position in JWN rebound through Christmas, I am following Doral Bank (DRL) and wondering if people feel they are a good buy once interest rates begin to recede?
Doral recently hired a new CEO from Citibank, in Calixto Garcia-Velez, they also restated several years of earnings and reverse mortgage loan sales. The stock is coming back from their 52 low on August 14 of $4.32 and their 52 high is $14.95. All of the above seems like good catalysts for Doral.
Doral recently hired a new CEO from Citibank, in Calixto Garcia-Velez, they also restated several years of earnings and reverse mortgage loan sales. The stock is coming back from their 52 low on August 14 of $4.32 and their 52 high is $14.95. All of the above seems like good catalysts for Doral.