Heavily shorted savings and loan First Marblehead (FMD +9.8%) has a rally under way that may...


Heavily shorted savings and loan First Marblehead (FMD +9.8%) has a rally under way that may show a change in sentiment as the lender tries a turnaround. FMD suspended its dividend in 2007, and though losses continue, they may be slowing down.
Comments (1)
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    Are you sure it is a rally or could it be a buy ahead of merger announcement?
    24 Jun 2011, 01:45 PM Reply Like
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