Fannie Mae-No Politics (FNMA)

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Another way to look at it....
20 shares priced at $50 = $1000 investment
PPS dumps to $1
PPS value 20 shares is $20.
Reverse Split occurs to get a share value to $20
Which is short $ 30 PPS of the $50 PPS you paid.
However, to move the PPS to $20 , 19 of shares are removed from you leaving 1 share for you valued at
$20 .
You have a portifolio still worth $20 but the number of shares reduced 19 shares.
To get your investment even, that 1 share has to rise $980 . What is the odds of that occurring in your life time.
Hope you understand it is a screw job performed on shareholders