InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,204.00
(
-0.06%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.79
(
0.38%
)
Bitcoin
61,078.02
(
0.44%
)
Post# of 46028
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

El Mago

Send PM Follow Ignore
Followers 0
Posts 520
Boards Moderated 0
Alias Born 03/20/2007

El Mago

Re: None

Tuesday, 11/25/2008 5:17:16 PM

Tuesday, November 25, 2008 5:17:16 PM

Post# of 46028
Well the reason is because FNM has until the end of the day tomorrow to state publicly to the NYSE what they plan to do to get the share price over $1 to avoid delisting. The answer, of course is today's annoucement of the FED to to buy $100B of FNM/FRE debt, which most likely will be by buying preffered shares, and this will boost the stock price to well above the $1 dollar value.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM

HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM

Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM

ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM

Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM

Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM

Start posting your company's news
Only $200 per official company press release!