Higher One pops as SA author spots opportunity in hated name

|About: Higher One Holdings, Inc. (ONE)|By:, SA News Editor

Weighing on the stock, says Charles Moscoe, is a regulatory investigation which could result in fines significant enough to cause a credit event. Even in this worst-case scenario, Moscoe believes Higher One's (ONE +6%) loan terms could be renegotiated, and the focus can return to the firm's strong growth prospects.

There's a turnaround story at work as well, notes Moscoe, with new CEO Marc Sheinbaum having come over from JPMorgan where he led the auto and student loan business for six years.

Read the article not just for the interesting idea, but for the already-lively comment thread.