A little bird on a tree told me that this is worth zero as it is not considered a bailout candidate since US government plans direct loans rather than public-private partnership to fund education. :eek:
YEah I played this yesterday on the bounce and made out nice. Figured I'd play it again today at 4.79... SUCKERED, 4000 shares and I'm stuck over the weekend with them. THought for sure it would pop back up over $5 I have time to wait anyway, so not too worried...BUT!
whats amazing is the others have done so well (othe Edu finance/loan) yet SLM never recovered form that dreadful Obama announcement. I have 1200 shares left.