Corus Remains a Battleground

Originally Published In the News October 18, 2007 9:34 AM

Corus Bankshares (CORS-NASDAQ) has been a target of short sellers who think the company will choke to death on its loan underwriting to the sinking Florida real estate market. Today’s earnings release is going to provide a reprieve of sorts, but the recent price action has not exactly been inspiring confidence. As the sharp rallies in Movie Gallery over the past few years show, a stock can occasionally spike up as it grinds its way to zero. No Position

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