Monday, August 10, 2009

Price/Volume Alert: First Marblehead (FMD)

It seems that when you get huge moves in addict financial stocks of one sort, you get blips and secondary or tertiary moves in another addict financial stocks. First Marblehead Corp. (NYSE: FMD) has seen that occur today. The common have for First Marblehead is up 14.5% at $2.28 today and the have has seen 790,000 shares as of 12:41 PM EST. This is now most 250% of its new average daily volume. -JON OGG


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