WHI - W Holding Company, Inc.

[Evil-Eye]

W Holding Company, Inc. is a financial holding company offering a range of financial services. The business of the Company is conducted primarily through its wholly owned commercial bank subsidiary, Westernbank Puerto Rico (Westernbank). The Company’s other direct subsidiary is Westernbank Insurance Corp. Westernbank changed its charter to become a full-service commercial bank. Westernbank offers a range of business and consumer financial services, including banking, trust and brokerage services. Westernbank Insurance Corp. is a general insurance agent placing property, casualty, life and disability insurance. The Company's two business segments are the traditional banking operations of Westernbank and the activities of Westernbank International. During the year ended December 31, 2006, the Company had total assets of $17.15 billion.

Shareholder Equity
Shares Outstanding 164.9 M
Institutional Ownership 45.50%
Number of Floating Shares 113.8 M
Short Interest as % of Float 17.68%

Valuation (MRQ)
Price/Earnings (TTM) 6.42x
Price/Sales 1.00x
Price/Book 0.30x
Price/Cash Flow 4.09x


EPS (ttm): 0.34
Div & Yield: 0.19 (8.80%)

Mentioned here:
Great Stocks to Own in Any Market
By Todd Wenning October 4, 2007

http://www.fool.com/investing/small-cap/2007/10/04/great-stocks-to-own-in-any-market.aspx

3-Oct-2007
Other Events
Item 8.01 Other Events.
W Holding Company, Inc. (the "Company"), the financial holding company of Westernbank Puerto Rico (the "Bank"), announced today that it had entered into an employment agreement with Mr. Carlos Davila and that Mr. Davila has been appointed Executive Vice President and Chief Retail Officer of Westernbank Puerto Rico, effective October 1, 2007...

http://biz.yahoo.com/e/071003/whi8-k.html

Here is one of a few bottom dwellers coming out to feed. That reminds me of a joke, What do you call a thousand lawyers at the bottom of the ocean? A good start.

Brower Piven Announces the Filing of a Class Action Lawsuit Against W Holding Company, Inc.
Monday October 1, 7:10 pm ET


BALTIMORE, MD--(MARKET WIRE)--Oct 1, 2007 -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of Puerto Rico on behalf of purchasers of the common stock of W Holding Company, Inc. ("W Holding" or the "Company") (NYSE:WHI - News) between April 24, 2006 and June 26, 2007, inclusive (the "Class Period").

http://biz.yahoo.com/iw/071001/0309276.html

http://img526.imageshack.us/img526/3606/whi10707fc8.png (http://imageshack.us)
By Evil_Eye_21201 (http://profile.imageshack.us/user/Evil_Eye_21201)

This appears to give Hammers as a buy signal recently.

[Evil-Eye]

WHI $ 2.29
W Holding Company Inc. 0.11
Shares Short 17,003,500
Days to Cover (Short Ratio) 25.9
Short % of Float 15.18 %
Shares Short - Prior 17,079,400
Short % Increase / Decrease -0.44 %
Squeeze RankingTM -250
% from 52-Wk HIGH ( 6.70 ) -192.58 %
% from 52-Wk LOW ( 1.83 ) 20.09 %
% from 200-Day MA ( 3.84 ) -67.69 %
% from 50-Day MA ( 3.69 )
-61.14 %
Price % Change (52-Wk) -63.60 %
Trading Volume - Today 398,600
Trading Volume - Average 655,700
Trading Volume Vs. Avg. 60.79 %
Total Shares - Float 111,991,000
Total Shares - Outstanding 164,897,600
% Held by Insiders 30.19 %
% Held by Institutions 46.30 %
Market Cap 377,615,504
EPS 0.34
PE Ratio 6.40
Sector: Financial
Industry: Savings & Loans
SI Record Date 2007-Oct


Information Provided Without Warranty
http://www.shortsqueeze.com/index.php?symbol=whi&submit=+GO+

2.29 last trade on my screen up 5% today.