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jaybird249

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jaybird249

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Monday, 11/16/2009 1:14:03 PM

Monday, November 16, 2009 1:14:03 PM

Post# of 137480
FMD $2.38 + $.10 $4.5 / share cash
http://finance.yahoo.com/news/First-Marblehead-Announces-iw-2943019828.html?x=0&.v=1

Student loan company FMD is biggest no brainer out there IMO.

-Was a $35 stock in 2007
- $450 MM cash
-On conference call today they said they are in "final stages" of agreement with a major bank for student loan business.
-Goldman Sachs invested at $5 in 2008.
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