Fannie Mae and Freddie Mac going to be siezed like Indy or what?
Are Freddie and Fannie doomed to got he way of Indy mac or not?
I see a bunch of conflicting stories about it, and am interested in what is going to occur with the common stock.
Anyone have an up-to-date source with current data on the situation?
Tagged with: common stock • indy mac
Filed under: Freddie Mac Questions
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These guys give such false information. The stock will not hit zero. At the end of the day shareholders have a strong say in the price of stock. If people buy the stock the price of a share will rise. IF people sell the stock the price of share will fall. WHy do people buy and sell? Well there could be many reasons. However, one of the most reasonable explanations is that the profits and economic growth of a company. In my opinion, now, Fannie mae and freddie mac are better off and more stable that the government jumped in. Before a few days ago the stock was going up and it was a private company. SO don’t believe what these guys are talking about. They just want to buy the stock at the lowest price.
OH…YEA, UNTIL FURTHER NOTICE.
Yes, the stock is going to be wiped out. So the price will reach near $0.0. U.S. Treasury Henry Paulson and Federal Reserve chairman Ben Bernanke and the CEO of both company have a meeting today to disscuss specific plans. Plans should be publicly announced tomorrow.
Shares value become 0 .. wiped out name from exchange like Bear sterns… All financial stocks are risky ..