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Federal Home Loan Mortgage Corporation Message Board

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  • luana2045 luana2045 Aug 28, 2009 10:38 AM Flag

    Cheaper than the common

    it trades just like common. the weird thing with preferreds is the symbols differ slightly from broker to broker.

    For some this one would look like this:

    FREpZ
    FRE-Z
    FRE.Z
    FRE PRZ

    All depends on what broker you are using.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • like Citi and Bac and others so the capital can be used as loss reserve.

      Watch for announcement.

      PAR value $25 will be converted to common and we will all see a 200-300% move up from here. My guess is $20 if common stays flat.

      they will have a monster 3rd quarter and will have some write ups.

      next year will be huge for preferred fre and fnm holders

      IN MY OPINION - please - learn for yourselves the golden opportunity.

 
FMCKJ
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