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Re: bUrRpPPP! post# 738

Sunday, 09/28/2008 12:29:21 AM

Sunday, September 28, 2008 12:29:21 AM

Post# of 9448
http://www.freddiemac.com/news/archives/investors/2008/2q08er.html

I pulled this portion for you

August 6 2008
FREDDIE MAC RELEASES SECOND QUARTER 2008 FINANCIAL RESULTS
Company reaffirms its commitment to raise capital and announces its current expectation, subject to approval by the Board of Directors, to reduce the dividend on its common stock in the third quarter from $0.25 to $0.05 or less per share and to pay the full dividends at contractual rates on its preferred stock.

I'm gonna hold onto this one for a while I think.
If it recovers even 1/3 of it's value in 10 years I'll be quite well off

I gonna try to flip it half at a time to increase my share count.

Millionares will be made during these times, if you have cash and about 10 years, maybe less.JMHO

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