The catalyst for all this was fannie redeeming a tranche of their bonds, that most people thought were a bust even with the govt help, at par. It's looking like the new mgt. over there cleaned things up.
Is there any talk about getting listed on the NYSE again?
Most funds aren't allowed to buy pink sheet stocks, so I wonder if there are some managers looking at this thing and just salivating waiting for it to get listed again.
And who would these people be? FNMA 5 2/13/17 is currently trading at 110.8563.
But equity is another story...
Quote from krazykarl:
The catalyst for all this was fannie redeeming a tranche of their bonds, that most people thought were a bust even with the govt help, at par. It's looking like the new mgt. over there cleaned things up.
The catalyst for all this was fannie redeeming a tranche of their bonds, that most people thought were a bust even with the govt help, at par. It's looking like the new mgt. over there cleaned things up.
