Anybody insider-trade SLM on Friday?

Don't worry - you can pay a fine if caught and admit no wrongdoing!

 

reading that makes me laugh, I look at the volume for Friday and what do you know...

36,287,000..

look at the volume prior to that. WTFFFFFFFFFFFFFFFFF....

and people say wallstreet isnt a game!!!

What a joke....


13-Apr-07 45.30 47.00 45.10 46.76 36,287,000 46.76
12-Apr-07 41.03 41.17 40.60 40.75 4,224,000 40.75
11-Apr-07 41.70 42.27 41.06 41.26 5,221,700 41.26
10-Apr-07 41.60 41.99 41.52 41.93 1,863,200 41.93

 

Don't worry - we have the SEC as defender of the level playing field!!!

 

"Sameer Gokhale, an analyst for Keefe, Bruyette & Woods, said that Wall Street has underestimated the company's government-guaranteed loan portfolio."

read: "Blue Horse Shoe loves SLM" :eek:

 

i think the rumer was in the paper on friday morning

 

Isn't this a much better quote? (how prophetic!)

 

seems everyone knew what was happening

 

News that SLM was going to be acquired was reported by the New York Times on April 13.
http://www.nytimes.com/2007/04/13/business/13deal.html?_r=1&ref=business&oref=slogin

 

Yeah but this quote would make the code reference redundant