Replies to post #133 on First Marblehead Corp (FMD)

[renoldman]

News has to percolate.

It's also coming during a slow time in the markets.

Institutional shorts don't want to lose, so I am sure they are trying to exit quietly.

Hopefully you aren't playing the December options. Because it may take a little longer than normal to see the stock run.

[Tdash]

News coming at around lunch time I'm surprised it went up so fast already. I believe its a afternoon dip. This is big news for this company that's been holding it back.. Should close fine