up we go
The lawsuit seeks to enforce an agreement by PR to refund 230 Million over five years. They obviously have not settled for $350 million and even if they had, Doral needs a lot more than that to satisfy the FDIC's capitalization demands.
Sentiment: Strong Sell
Please don't chicken out of your short position, hold through the court's judgement in the coming weeks. I enjoy seeing rats get skewered.
Care to elaborate?