Is it a good time to buy Fannie Mae stocks now considering that they are listed at 74 cents a share? Any chance of the stock rebounding post government take over? Thoughts?
Is it a good time to buy Fannie Mae stocks now considering that they are listed at 74 cents a share? Any chance of the stock rebounding post government take over? Thoughts?
No. Stay out. The Stock is about to cease to exist.
I think it'll go the way of penny stocks soon.
Post government takeover implies you wont own the shares. The question is will FNM and FRE go to zero or will the nominal fee the government pays for your shares be higher.
Go buy 100 lottery tickets there going for $1 too and there\'s more upside.
"they are"