Indy Mac

Indy Mac (NDE) was the biggest originator of Alt-A mortgages in 2006. Share price has fallen substantially recently but could have further to go if Alt-A blows up.

At retail (Schwab), you cannot borrow shares to short them unless you make special arrangements, so this thought is clearly in the air...

This is not investment advice

Posted on April 8, 2007 and filed under Finance.