Tuesday, April 09, 2013 5:43:48 AM
FNMA (Fannie Mae) has been seeing major movement over the past two days with today’s close seeing yet another close up 50.42%. While it still feels strange t us to address the former powerhouse, Fannie Mae, as a penny stock, it has become very clear to us that it is here to stay, and is making significant moves forward to reclaim its former glory. Though FNMA (Fannie Mae) managed to climb it’s way through the $1 barrier today, penny stocks are still technically classified as any stock priced under $5. Regardless of this technical definition, it’s suffice to say that management at FNMA (Fannie Mae), do not intend to see the stock trading under $5 for very long. Penny Stock Dream is excited about bringing the movement seen here to the attention of all of our subscribers because we recognize fully that the recent news announcements coming from Fannie Mae, suggest that this company will be seeing much more sustained movement over the course of 2013. Though significantly beaten down over the course of the former recession, this company has managed to continue to adhere to management that seeks to not only do the right thing for the company as a whole but to do write by their investment base as well. We here at Penny Stock Dream believe that Fannie Mae will eventually rise up out of the ranks of the penny stock exchange and even if not return to, or surpass their previous splendor, at the very least surge through the $5 mark, to avoid the general penny stock stigma, that no company that was once as powerful as they were, would want to be attached to.
http://pennystockdream.com/blog/fnma-fannie-mae-closed-up-another-50-42-today-as-this-power-house-turned-penny-stock-quickly-rises-to-reclaim-its-throne/
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