You Lucky Bastards: FMD

If FMD's stated numbers are all bona fide you might be on to something here, BLSH. I might pick up some FMD if it gets down to the 3 1/2 area.

While we're already dumpster diving here, what do you think of Sprint Nextel?

 

I have my eye on it too. We'll see how this one plays out and when the dead cat bounce starts with some news to fluff it.

 

Maybe Susanna could lend you hers

 

Hey RM. I have been watching Sprint just drift lower and lower, and then lost track, and then noticed again when it made a big dump to under $6 about 10 days ago. The massive debt they took on buying Nextel, given the competitive landscape of the wireless market, is what has kept me from buying in, but admittedly, I've been mulling over taking a nibble at anything under $19, and now it's just over $6, so....

 

Agreed. I was trading FMD a lot 2 years ago. Their strength is that database they have of all the credit-risk assessments of 18-24 yr olds. They are _the_ best at underwriting educational loans and identifying risk.



Regards,

 

you sold me....1900 at 5.13..in my longer term hold account....;o)

 

im in for a few as a gamble also. at 5 bucks its like a long dated call option.

 

sld 900 @ .55 will keep the rest till one or the other happens... zero or 15 ...peace

 

I will buy around $1.00

 

probably today .... that out to lunch drop doesnt look good..