Higher One Holdings (NYSE:ONE)

CAPS Rating: 3 out of 5

Results 1 - 12 of 12

Recs

0
Member Avatar TSIF (99.96) Submitted: 9/25/2014 1:09:40 PM : Outperform Start Price: $2.47 ONE Score: +3.71

Spec play, similar to other educational plays that are getting hammered.

============

Higher One Holdings, is not performing to it's name....lower lows and potentially much lower depending on how much the government (Fed) fines them for their "practices".

College campus debit card provider Higher One Holdings (ONE)

A heavy fine could put them violating loan covenant agreements with lenders and could drop them much further. I suspect the government may be light, and lenders may be understanding since their last quarter was "stellar"....

A company on the verge of BK might not ride through such an event, but barring serious regulation, Higher One seems to have enough potential for lenders to let them play it through after being down 70% from 52 week highs.

Federal Reserve may not be too kind, however, as Higher One refunded $11M in fees to 60,000 students in 2012.
They claim they have cleaned up their penalty practices, etc.

Risk play....may dive and recover depending on penalties, or may dive and dive...

==================
Facing penalties from the Federal Reserve over asserted violations of the Federal Trade Commission Act relating to marketing and disclosure practices related to the OneAccount option for financial aid refund.

"Although the ultimate amount of restitution or civil money penalties are subject to many uncertainties and therefore are impossible to predict, it is possible the amounts could reach levels that would cause an event of default under our credit facility. While we believe that it is probable that we will have a loss related to this regulatory matter, in view of the inherent difficulty of predicting the outcome of regulatory matters, we cannot predict what the eventual outcome of this pending matter will be, what the timing of the ultimate resolution of this matter will be or the potential range of loss associated with this matter. We are currently unable to estimate a range of loss associated with this matter because it is in an early stage."

Recs

0
Member Avatar BuffettJunior1 (97.68) Submitted: 9/8/2014 9:53:16 PM : Outperform Start Price: $3.71 ONE Score: -29.25

Contrarian play here.

Recs

0
Member Avatar cibient (< 20) Submitted: 6/19/2014 12:29:09 PM : Outperform Start Price: $3.71 ONE Score: -31.51

Currently on the Magic Formula Top 50 over $50M screener. No insider buying, so I am not sure if I would pick this up for MRLP.

Recs

0
Member Avatar tmpangia (35.27) Submitted: 6/6/2014 2:05:15 PM : Outperform Start Price: $3.67 ONE Score: -31.04

My university switched to Higher One to distribute awards and scholarship compensation, it seems like a good idea.

Recs

0
Member Avatar ShortSeller58 (71.93) Submitted: 6/4/2014 11:02:59 PM : Outperform Start Price: $3.58 ONE Score: -30.30

Factor in the debt and factor out the special charges, and this stock is trading at about 9X earnings. There's no good reason that this stock has taken such a tremendous beating lately, and it should shoot back up soon enough. Good value play, buy before it shoots back up!

Recs

0
Member Avatar SqwiiTrader (< 20) Submitted: 1/29/2014 6:54:19 PM : Outperform Start Price: $7.85 ONE Score: -77.65

chartmill bull IHS

Recs

1
Member Avatar chris293 (82.40) Submitted: 10/27/2013 8:16:03 PM : Underperform Start Price: $7.75 ONE Score: +79.10

My first look was really this sounds phony or something fishy. Then I saw this was a $50 once and then combined with the educational types the company caters to I suspected a lot of smarty pants lining up to be taken by the social concept that it is not moral to have money that makes money. Bah, bah, bah, etc.

Recs

0
Member Avatar IBDContrarian (< 20) Submitted: 6/27/2012 4:32:13 PM : Outperform Start Price: $11.36 ONE Score: -126.63

IBD EPS, RS, SPROE, Acc ratings plus P/E and div yield
FINANCE 91 8 AD 14

Recs

1
Member Avatar somrh (83.95) Submitted: 6/24/2012 4:37:45 PM : Outperform Start Price: $11.24 ONE Score: -126.66

TMFJMo:

http://www.fool.com/investing/general/2012/06/13/its-take-two-for-this-one.aspx

Recs

0
Member Avatar hbmaclean (< 20) Submitted: 4/11/2011 10:32:28 AM : Outperform Start Price: $13.78 ONE Score: -130.66

No debt; nice growth trajectory; enthusiastic customer testimonials.

Recs

2
Member Avatar TMFRisingStars (< 20) Submitted: 3/25/2011 1:27:05 PM : Outperform Start Price: $14.76 ONE Score: -132.63

Here's the buy rec:
http://www.fool.com/investing/general/2011/03/24/rising-star-buy-higher-one.aspx?source=ihpsitota0000001&lidx=9

Recs

2
Member Avatar LWILLS (57.11) Submitted: 6/18/2010 11:05:25 AM : Outperform Start Price: $15.25 ONE Score: -159.36

Going out on a limb here as I don't know a whole lot about this company. What I do know is that their business model seems sound, has a huge potential market, and seems to be well run. I bought a few shares at 14.04 yesterday really on nothing more than that and a gut feel. I know the Fool is more about the numbers, but I am willing to take the risk with this company.

Results 1 - 12 of 12

Featured Broker Partners


Advertisement