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- IndyMac in deep trouble indeed, at $.62/share
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Shares of Pasadena-based IndyMac slipped by 19 cents today, which would be no big deal for most stocks. But IndyMac is a penny stock these days, so a loss of less than two dimes a share wiped out roughly a quarter of its value. It closed at 62 cents a share.
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Original Source
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30 June, 2008| housingblogs |
@ 23:20
