Can someone PLEASE explain this ? +FNMA @$.60 while -TTNP@$1.69. Why ?
Fannie Mae is making billions and billions and trading at $.60 while TTNP has a worth of negative (-) 23 million and trading at $1.69. I understand that there's a different share count and PPS is based on what folks are willing to pay... but given FNMA common back in the day was $70 per share shouldn't the PPS be higher here ? Can anyone explain this ?