Tue, Mar 3, 2015, 8:20 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Federal Home Loan Mortgage Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • tencentson1dollar tencentson1dollar May 14, 2011 7:45 PM Flag

    Preferreds Up Big aGAIN TODAY!!!

    7. FMCKJ and liquidity of the preferreds

    FMCKJ is generally viewed as the most liquid of the preferreds. 240,000,000 shares were issued circa late 2007, I believe.

    Thus, FMCKJ is pretty easy to buy, not a wide bid-ask spread, etc. But its a bit price-y so FLCKI and FLCKL might be options if you are in a hurry to build a basic position.

    There was a stockholder suit re FMCKJ but I believe that that suit failed (FHFA as conservator told the Court that Freddie Mac had met its disclosure requirements, when the FMCKJ shares were issued). But, I'm not a lawyer.

    The $50s tend to be cheaper but harder to buy. Not to say that you can't build positions in them, but one would need to be patient.

    One place to pull market data is here

    http://www.otcbb.com/

    Provides quite a bit of info re depth and so on. But, I'm not a trader so take that with a grain of salt.

 
FMCKJ
4.39-0.11(-2.44%)Mar 3 3:59 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.