Fannie Mae (FNMA)

[mikar]

The preferreds are worth something if FNMA goes bankrupt or goes private, which is unlikely from what I'm reading. Once the perception that FNMA will go private is over, the common stock will take off. That picture will become clearer over the coming weeks.
If u think FNMA stock continues to trade as a public company, u should be buying all the common u can get at these bargain basement prices.