You Lucky Bastards: FMD

[ByLoSellHi]

Quote from Mvic:

So why not just increase the limits like they did with housing, isn't that the simplest solution? Because it is you can pretty much count on it not being the one they go with

They discussed it in that committee meeting in Congress, and the best proposal was to increase the limit from 23k to 31k.

Sallie Mae would have to be expanded at a time when the money isn't there to add too much regulatory B.S. and employees.

They mentioned it in that article I linked (about 5 pages back).

Even if they increased it to 31k through Sallie Mae, that's not enough for the majority of students.

 

[pumpanddumper]

I'm pretty sure I would be dumping after a 14% gain if I loaded up this morning near $4. after the way its been trading lately.

I'm holding but we REALLY need a follow through AH news for the big money shot.

Or back to 3.60 tomorrow.

BTW, I am surprised with SLM today especially after the Dodd news in Congress. A little puzzled but thats what the market does to you.

 

[jackstone54]

Hey fellas!! I told you guys I would help you out and I did. I made a few phone calls and look what happened. Love you all Jackstone fans! Stay tuned...

 

[pumpanddumper]

Quote from jackstone54:

Hey fellas!! I told you guys I would help you out and I did. I made a few phone calls and look what happened. Love you all Jackstone fans! Stay tuned...

I willed it this morning and did Jedi mind tricks. The pessimist in me says it fades again at this level but I would prefer not to see the 3's.

I got all excited AH and saw a news plug but only the 5th class action suit. Big shocker...

Maybe a gap up tomorrow, everyone feeling bullish with student loans scenario, plus a PM new insurer, GS infusion, whatever.....but honestly won't hear the nitty griitty stuff till earnings call early May.

I really want to clean up. If I'm feeling bull crazy, I may even juice the trade up more to BLSH levels. and buy the news instead of selling it!

 

[Thermactor]

Quote from jackstone54:

Hey fellas!! I told you guys I would help you out and I did. I made a few phone calls and look what happened. Love you all Jackstone fans! Stay tuned...

did you dial 1-900-LUV-BOESKY or what?

 

[pumpanddumper]

PIECE OF FUCKING SHIT

Mother fucking SLM.

I really hate the market zooms up and a major play in your account dumps. GRRRRRRR

I'm gonna drive up to Boston and straighten these guys out and force Goldman to buy 200M

 

[nkhoi]

Quote from pumpanddumper:

PIECE OF FUCKING SHIT

Mother fucking SLM.

I really hate the market zooms up and a major play in your account dumps. GRRRRRRR

I'm gonna drive up to Boston and straighten these guys out and force Goldman to buy 200M

you head in a wrong direction , SLM is in Reston, VA

...bring stones!

 

[ByLoSellHi]

Green light. Both Parties and the White House on same page. Done deal. Smoke 'em.

http://www.nytimes.com/reuters/washington/politics-studentloans-whitehouse.html?_r=1&oref=slogin

White House Backs Much Of House Student Loans Bill

By REUTERS
Published: April 16, 2008

Filed at 5:33 p.m. ET
Skip to next paragraph Reuters

WASHINGTON (Reuters) - The White House said on Wednesday it supports major provisions of a bill expected to come to a vote on Thursday in the House of Representatives that aims to stabilize the troubled student loan market.

"The administration is committed to ensuring that students and their parents have access to the federal student aid they need to pay for college this fall," said the Bush administration statement on policy.

The House bill was approved by the education committee a week ago. It would let the Department of Education buy federally guaranteed student loans from lenders unable to sell them on the secondary market, which has locked up in reaction largely to the subprime mortgage crisis.

 

[Thermactor]

Quote from pumpanddumper:

PIECE OF FUCKING SHIT

Mother fucking SLM.

I really hate the market zooms up and a major play in your account dumps. GRRRRRRR

I'm gonna drive up to Boston and straighten these guys out and force Goldman to buy 200M

just 6.77 percent, are you 100:1 leveraged or something?

 

[pumpanddumper]

Quote from Thermactor:

just 6.77 percent, are you 100:1 leveraged or something?

I got a decent amount now that every nickel move is significant.

I didn't mean SLM but I kind of like them a little. Need a good showing form this sector and SPECIFIC company release but they will keep you on thin ice till 5-1.

News is good. Get the gov. man directly involved with FMD.


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