Freddie Mac (FMCC)

[FOFreddie]

Thanks Trunkmonk.. According to the link provided by Ace Trader, The Growth Fund of America had approximately 38 million shares of FNMA and 48 million shares of FMCC as 3/31/22. It was my understanding that these shares were acquired pre-Conservatorship so the tax basis could be over $ 20? Assuming a 30 pct effective tax rate we are looking at a tax benefit for investors of approximately $ 6 a share for each share sold. Could be lower but could be higher. Cant blame them if they are listening to Glen Bradford.

Here is the link from Ace Trader:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169278806

This could go lower but the reason seems to be the selling by American Funds. They could have owned more in other funds also. Do you see any scenario which leads to delisting of FNMA and FMCC commons - seems impossible right? They need to raise public capital so if you buy now you have forever to wait for upside? Seems like a great option on two of the most important companies on the planet? Maybe we get crammed down - maybe not?