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Federal National Mortgage Association Message Board

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  • fuzzhead72 fuzzhead72 Feb 4, 2011 3:28 PM Flag

    Do you see obscene Bid/ask spread on most preferreds

    >Good luck shaking us old timers out. We have balls of steel.

    No kidding. I quadrupled my holdings today, which brings my cost per share down to about $4. I kept thinking about it at 50c, then 80c, then $1.30, etc. As usual, I probably bought up near the top because I didn't want to be too quick to make a decision.