Freddie Mac pref. series V (FRE-V)

[mlkrborn]

yes FRE will be cut loose free in the long run;

[sidedraft]

Does someone know something?

[mlkrborn]

Sidedraft; u r DA MAN! perfect timing! u live upto the meaning of IHUB name!

[sidedraft]

Nothing special about the V'S, I just picked one, and it 44¢.

Some other may have been a better choice, but Freddie over all seems to be doing well.

[mlkrborn]

preferreds: great show you are running here... too bad did see it..
Preffereds great choice too. Why do you like FRE-V especially? any other? tia
Symbol Price Change
FNM
1.00 +0.34 +51.52%
FRE
1.69 +0.95 +128.38%
FNA
1.75 +0.70 +66.67%
FNM-PQ
1.63 +0.13 +8.67%
FNM-PN
2.48 +0.53 +27.17%
FRE-PK
2.94 +0.93 +46.27%
FRE-PT
2.83 +0.82 +40.85%
FRE-PZ
1.80 +0.41 +29.03%
FRE-PT
2.83 +0.82 +40.85%
FRE-PK
2.94 +0.93 +46.27%
FRE-PH
2.40 +0.10 +4.35%
FRE-PQ
2.25 +0.60 +36.36%
FRE-PS
2.60 +0.60 +30.07%
FRE-PO
2.55 +0.55 +27.50%
FNM-PN
2.48 +0.53 +27.17%

[sidedraft]

I hope you two other guys got in earlier, just gets better and better.

[sidedraft]

Oh my, I wonder what this bit of news will do for this one?

Freddie Mac shares jump in late-trading action

http://www.marketwatch.com/story/citigroup-and-aig-may-remain-busy-in-late-trade-2009-08-07?dist=news

FRE was up 50 cents or 68%, after hours!

[sidedraft]

You draw your own trend lines:

[sidedraft]

Up another 17% today, closed at $1.17.

[sidedraft]

Up 69.39% for the day, closed at 83¢

[sidedraft]

Now up 55.10% at .76, leak?

[sidedraft]

Up 34.69% today, last = .66

[sidedraft]

Currently FRE-V is selling for .43, while the commons are selling for .74. Some think this is not right.

BTW, there are a boatload of Freddie Mac preferreds, some with $50 face, some with $25: