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TMCNet:  SLM Shares Up 15.2% Since SmarTrend's Buy Recommendation (SLM)

[December 31, 2012]

SLM Shares Up 15.2% Since SmarTrend's Buy Recommendation (SLM)

Dec 31, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for SLM (NYSE:SLM) on June 7th, 2012 at $14.59. In approximately 7 months, SLM has returned 15.22% as of today's recent price of $16.81.

SLM share prices have moved between a 52-week high of $17.99 and a 52-week low of $12.85 and are now trading 31% above that low price at $16.81 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.


SLM Corporation, commonly known as Sallie Mae, provides education funding, originating and servicing of U.S. government guaranteed and private student loans. The Company, throught is subsidiaries also provides debt management services as well as business and technical products to a range of clients, including colleges, universities and loan guarantors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SLM shares.Log in and add SLM (SLM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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