Fannie Mae-No Politics (FNMA)

[Golfbum22]

reverse split means you go in reverse, less shares.

1:10 reveres split means

you now own

5,000 shares at 20 bucks per share. FYI

problem with reverse splits is they get shorted because most of those companies are struggling and the value of the per share amount usually gets crushed further devaluing your investment.

hope that helps.

for IE. after the reverse split the shares fall to 10 per share and you still only own 5k shares.

GSE's are not losing money which is opposite most companies who go thru reverse splits.