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Non-Tech : Doral Financial Corp

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From: JakeStraw12/20/2005 3:11:16 PM
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"The best investors at Marketocracy have long been invested in embattled Puerto Rican bank Doral Financial (nyse: DRL), which tumbled earlier in the year after the U.S. Securities and Exchange Commission opened an investigation of its accounting. Gurus bought even more of the company last week, adding 26% to their holdings to make the company the 56th-ranked company in their portfolios, by dollar value. Last week, Doral said the SEC investigation was almost over. Its stock now sells for $10.58, a 38.4% rebound from its recent lows below $8, but still a long way from the nearly $50 it traded for at the beginning of the year. Doral sells for 2.7 times earnings."
forbes.com
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