Is this because it is under a $1? When can investment managers buy FNMA for their mutual funds? Anybody know anything about this?
Sentiment: Strong Buy
Edward jones cant buy anything under a $1, thats why I have an etrade account too.
I think it just hit $.97! Woohoo!
So if it hits a dollar volume and price could rise quicker than they are now?
nearly all mutual fund managers are prohibited from buying anything under 5.00
They consider anything under 5.00 to be too risky.
they need the share price to be north of $1..rules, rules, rules.
Exciting times! Good luck everybody!
okay... then some one needs to go buy a share for $1.00
Okay, that's terrific. Thanks Tommer!!!