Volume Spike Investor

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