SLM- SLM Corp.- Credit Services NYSE:Stock

[greencat]

SLM is set up nicely. Broke over resistance and may be ready to make a break.

SLM chart
http://www3.stockfetcher.com/sfchart/696058855.png

BUSINESS SUMMARY
SLM Corporation, through its subsidiaries, provides education finance in the United States. It originates and holds student loans by providing funding, delivery, and servicing support for education loans through its participation in the federal family education loan program (FFELP) and through offering non-federally guaranteed private education loans. The company primarily markets its FFELP Stafford and private education loans through on-campus financial aid offices. It also engages in asset performance group business, which provides a range of accounts receivable and collections services, including student loan default aversion services, defaulted student loan portfolio management services, contingency collections services for student loans and other asset classes, and accounts receivable management and collection for purchased portfolios of receivables. In addition, the company purchases and manages sub-performing and non-performing mortgage loans. Further, it provides a range of other financial services, processing capabilities, and information technology to educational institutions, lenders, students and their families, and guarantee agencies. The company was founded in 1972 and is headquartered in Reston, Virginia.


Shares Outstanding5: 466.84M
Float: 429.65M
% Held by Insiders1: 11.45%
% Held by Institutions1: 98.40%
Shares Short (as of 25-Apr-08)3: 29.63M
Short Ratio (as of 25-Apr-08)3: 2.8
Short % of Float (as of 25-Apr-08)3: 6.40%
Shares Short (prior month)3: 30.20M

Income Statement
Revenue (ttm): 496.67M
Revenue Per Share (ttm): 1.166
Qtrly Revenue Growth (yoy): -73.20%
Gross Profit (ttm): 10.63B
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): -1.17B
Diluted EPS (ttm): -2.75
Qtrly Earnings Growth (yoy): N/A


Balance Sheet
Total Cash (mrq): 3.82B
Total Cash Per Share (mrq): 8.187
Total Debt (mrq): 150.58B
Total Debt/Equity (mrq): 28.912
Current Ratio (mrq): 4.045
Book Value Per Share (mrq): 7.474


Cash Flow Statement
Operating Cash Flow (ttm): -18.45M
Levered Free Cash Flow (ttm): N/A

[Aufan 1983]

Originally Posted by greencat

SLM is set up nicely. Broke over resistance and may be ready to make a break.

SLM chart
http://www3.stockfetcher.com/sfchart/696058855.png

BUSINESS SUMMARY
SLM Corporation, through its subsidiaries, provides education finance in the United States. It originates and holds student loans by providing funding, delivery, and servicing support for education loans through its participation in the federal family education loan program (FFELP) and through offering non-federally guaranteed private education loans. The company primarily markets its FFELP Stafford and private education loans through on-campus financial aid offices. It also engages in asset performance group business, which provides a range of accounts receivable and collections services, including student loan default aversion services, defaulted student loan portfolio management services, contingency collections services for student loans and other asset classes, and accounts receivable management and collection for purchased portfolios of receivables. In addition, the company purchases and manages sub-performing and non-performing mortgage loans. Further, it provides a range of other financial services, processing capabilities, and information technology to educational institutions, lenders, students and their families, and guarantee agencies. The company was founded in 1972 and is headquartered in Reston, Virginia.


Shares Outstanding5: 466.84M
Float: 429.65M
% Held by Insiders1: 11.45%
% Held by Institutions1: 98.40%
Shares Short (as of 25-Apr-08)3: 29.63M
Short Ratio (as of 25-Apr-08)3: 2.8
Short % of Float (as of 25-Apr-08)3: 6.40%
Shares Short (prior month)3: 30.20M

Income Statement
Revenue (ttm): 496.67M
Revenue Per Share (ttm): 1.166
Qtrly Revenue Growth (yoy): -73.20%
Gross Profit (ttm): 10.63B
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): -1.17B
Diluted EPS (ttm): -2.75
Qtrly Earnings Growth (yoy): N/A


Balance Sheet
Total Cash (mrq): 3.82B
Total Cash Per Share (mrq): 8.187
Total Debt (mrq): 150.58B
Total Debt/Equity (mrq): 28.912
Current Ratio (mrq): 4.045
Book Value Per Share (mrq): 7.474


Cash Flow Statement
Operating Cash Flow (ttm): -18.45M
Levered Free Cash Flow (ttm): N/A

Cramer called this his spec play of the year on June 5th. I'm in and its looking strong

[BadThad]

Holy Sally Mae....nice volume:

52,706,998 (Heavy)

[greencat]

SLM getting ready to make a higher high.

SLM Chart