You Lucky Bastards: FMD

I'm thinking FMD is more like a five or ten bagger. The only issue is TERI, which the government will resolve.

FMD is a profit mill without any exposure to the underlying debt. I love it.
 
Quote from ByLoSellHi:

I'm thinking FMD is more like a five or ten bagger. The only issue is TERI, which the government will resolve.

FMD is a profit mill without any exposure to the underlying debt. I love it.
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LOL, thats nuts. Maybe they will monopolize the entire student loan industry. I'm sure SLM is trying to do that though and crush the little guys.
 
Quote from pumpanddumper:

LOL, thats nuts. Maybe they will monopolize the entire student loan industry. I'm sure SLM is trying to do that though and crush the little guys.
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Remember that the maximum amount the feds will loan is 23k for all 4 years.

That's why the 2nd tier lenders are needed.

I think average tuition w/out living cost is about 20k per year.
 
Here we go. Big Papa Congress about to solve all the student-lending market's ills.

Hearings this week. Great chance for reps to get their faces on the nightly news assuring their constituents that all is fine.

Fly high, high flier.
 
This is a video of BuyLoSellHi and his other buddies after they found out that FMD is not going back up and probably still has some downside. Everyday it gets to a new low losing sometimes 10% a day.

There is a reason why this is falling. This company has problems and may fold.


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Quote from jackstone54:

This is a video of BuyLoSellHi and his other buddies after they found out that FMD is not going back up and probably still has some downside. Everyday it gets to a new low losing sometimes 10% a day.

There is a reason why this is falling. This company has problems and may fold.


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hahahahahah good one ...we need a hail-mary from this mo-fo....cmon im open
 
I talked to a friend about First Marblehead. the "company is going bankrupt, everyone working there knows it"

We're just affiliated with regular workers.
 
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