bought near the bottom. pure speculation.

Spec play...I think it is a stong company and I have made money trading them before

think student loans will increase in future

think student loans will increase in future

think student loans will increase in future

leader in student loan lending

leader in student loan lending

Pink Sale! Stocks at Bargain Basement Prices!!!
Penny Stockland welcomes these lucky stocks once worth a bundle to the new Pink Stock Exchange. If you're lucky you can catch these bargain stocks now.

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The Real Story Wrap: April 15
New York's major averages struggled for direction for a good part of the session Tuesday, but they went out higher as investors ultimately decided that mixed news on the corporate and economic fronts tilted toward the positive side.

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Sell - Price 7.70 on April 8
by Sandler O'Neill

TERI, the not-for-profit guarantor of FMD's securitization transactions, filed for bankruptcy protection...as we move through 2008, the likelihood will increase that the company may need to sell at least some portion of its residual assets at distressed prices in order to raise cash. As a result, we believe a 25% discount to book value is reasonable, given FMD's challenged liquidity situation [and are] lowering our target to 7, from 11. Market cap: $718 million.

loss

I owned it at 26

For the pain. All of the pain.

none

Sold out due to UPS and DOWNS!

Piece of Crap

From Barron's 4/2/07

"There's a good chance that further declines lie ahead. A close look at the loans in First Marblehead's securitizations suggests that defaults are nearing the danger level, as higher interest rates and falling home prices take a toll on families' abilities to make payments. That, in turn, could reduce investors' appetite for the securities and crimp the company's margins...The stock's recent decline comes as detractors argue, quite plausibly, that the company's results are too good to be sustained, and that its fat profit margins will inevitably invite crippling competition."

mortg business