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Mike sp 2 seeking alpha thread seeking alpha freddie and fannie Mikesp may 1, 2023, 12:49:06 am to fannie and freddie preferreds and commons message board Shares in fannie mae (otcqb:fnma) and freddie mac (otcqb:fmcc), the mortgage giants in u.s
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Government conservatorship since 2008, both partly retraced on wednesday the outsized gains they made in the previous six sessions Today is an eye opener for me Early wednesday afternoon, fnma stock sank 16% after rising 33% on tuesday and 14% on friday.
Mortgage finance giant rose 12.73% to $0.85 by 1432 et, hovering near its august highs
Overall, shares have climbed about 88.43% since the start of the year, outpacing the s&p 500 that gained about 24.13% during that period This would leave a lot of value in the common / warrants and the only question would be what is that value To fannie and freddie preferreds and commons message boardfxleaders I hope i don't to eat crow
But for shits and grins i asked grok to evaluate the common stock thesis I still don't believe it Ackman's thesis says over $30 Here's my grok research project
It took three minutes of my time to give it the prompts!
Mike sp apr 14, 2025, 11:38:15 amapr 14 to fannie and freddie preferreds and commons message board upcoming news on fannie mae (fnma) stirs market interest | fmcc stock news gurufocus There was no reason for fannie to be priced higher than freddie The fannie premium is just name recognition and popularity
