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Sunday, April 12, 2020 2:53:45 PM
A reverse split implies the corporations are not doing well. This isn't true with Fannie and Freddie. They consistently earn over $20 billion after taxes annually. The only thing wrong with them is the swindle by our government. We finally have courts ready to rectify the theft. I don't see a need for a reverse split at this stage.
If the unthinkable happens, and the courts rule against the plaintiffs, then, maybe, a reverse split would be appropriate.
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