This company is going private! Common stock (FNMA) will be wiped out and preferred share holders (FNMAS) and (FNMAH) and others will make millions! Buy preferred shares (FNMAS) and go long! Massive buying spree and new daily highs!
Sentiment: Strong Buy
BIG LIAR. Check back Sallie Mae
1/ Sallie Mae was also GSE like FNMA
2/ Sallie Mae was also in C-Ship like FNMA
3/ Sallie Mae went to private under the New Entity , symbol SLM
4/ Both Preferred and Commons stocks were exchanged 1:1
5/ And after going private, SLM Commons stocks went from $1 to $60 within 10 years
SO ? EITHER FNMA SURVIVE OR GO TO PRIVATE, THEN COMMONS STILL SURVIVE. WHY BUY PREFERRED WHILE COMMONS IS 6 TIMES CHEAPER ???
Think about it to make right decision, guys. This is once of lifetime opportunity.