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Shorts' Dirty Dozen
This column was originally published on RealMoney on March 14 at 9:17 a.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
You asked for it. You asked for what some would regard as irresponsible, but others would describe as prudent. You asked for the Dirty Dozen that the shorts are operating on, and here they are:
- IndyMac(NDE Quote)
- CharterMac(CHC Quote)
- Friedman Billings(FBR Quote)
- Fremont General(FMT Quote)
- Redwoods Trust(RWT Quote)
- Newcastle Investment(NCT Quote)
- American Home Mortgage(AHM Quote)
- Gramercy(GKK Quote)
- RAIT(RAS Quote)
- Accredited(LEND Quote)
- Thornburg Mortgage(TMA Quote)
- CapitalSource(CSE Quote)
Notice that I'm not including NovaStar(NFI Quote), which is on its deathbed. I am also not including ECC Capital(ECR Quote), which is also, to me, a goner.
Accredited is still alive, but I believe not for long, at least in this current form. ...
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