Seeking Alpha

Higher One pops as SA author spots opportunity in hated name

  • 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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: