Fannie Mae-No Politics (FNMA)

[EternalPatience]

I see your id to be new, not sure if you are new or another troll attempt

But

1) You will hear that this stock is struggling to stay above 3 for 30 days. Thats why it is not uplisted - FALSE.. It is in OTC because of FHFA decision. Even when it was above 3 for 30 days, it was not done. So its not an automatic given .. Its still FHFA decision

2) you will hear about reverse split as the only way for it to go beyond 5 and then it will uplist -- FALSE.. Again ignore

3) when Court announces, FHFA decides etc, it will zoom past the price in a jiffy as you saw yday.. It is just the lack of clarity that is keeping it down

4) You will hear that institutions are voided to have anything below 5... Again you saw yday there was a 50 M volume. So definitely there are rules that not strictly written and institutions are accumulating


In a nutshell, just hang in there and it will happen. If its a troll attempt, the above points still hold good