InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,467.14
(
-0.11%
)
US TECH 100
19,227.60
(
-0.16%
)
Dow Jones
39,164.89
(
0.08%
)
Brent Oil
84.48
(
-0.62%
)
Bitcoin
64,073.99
(
-1.15%
)
Post# of 275590
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jaybird249

Send PM Follow Ignore
Followers 82
Posts 2822
Boards Moderated 0
Alias Born 05/05/2006

jaybird249

Re: None

Tuesday, 12/01/2009 9:50:17 PM

Tuesday, December 01, 2009 9:50:17 PM

Post# of 275590
FMD $2.18$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 or $4.50 / share. $2.5 / share net cash after debt.
-Getting more tax refunds for prirop years.
-On conference call said they are in "final stages" of agreement with a major bank for student loan business.
-Goldman Sachs invested at $5 in 2008.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up