Doral Financial Corp. (DRLCQ)

[THisKIRK]

10 REASONS WHY YOU SHOULD NOT INVEST IN DRL.

1. The Bank is located in Puerto Rico. With Bonds that are near to worthless junk
2. Puerto Rico is having issues paying back its debt collectors. No one wants to do business nor bank with them
3. Puerto Rico government will not help DRL get bailed out... Most of Puerto Rico funds needs to be used to run the city.
4. The stock has dropped 80% this year alone. 50% last year, 40% the year before that and 97.24% down from its IPO.
5. The stock has a small float of shares. Meaning this stock isn't liquidable to sell your shares. If you had 1000shares. You will be selling each 100-300shares will reduce the overall share price by $0.02cent. So you would cause the price to go even lower...
6. This bank has a 97% chance of getting its banking license taken away.
7. DRL has 115days to come up with $120m USD. Thats a little over $1m a day in profit/ assets to stay up float.
8. DRL's balance sheet has shown negative earnings every quarter. Will not be able to come up with $120m...
9. The only way to come up with $120m in that amount of time is to attempt to sell 43% of its total asset of the whole company reducing its overall banking power and will have to issue more shares. Diluting the shares of investors even more...
10. Fair Value per share is $0.19 a share. $0.27 at best...