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Saturday, May 11, 2013 6:59:53 PM
but under the SEC which protects shareholders... either a chapter 11 or 7 bankruptcy is the only way a publically traded company can cancel there common shares?????????????
Also just a thought for the Day.
Sallie Mae wasn't bailed out and it's stock never tanked so dramatically before they were privatized.
with all the splits, investors would of made about 75x their money in 7 to 8 years., not including every quarter dividend payments.
conclusion: FNMA even has more potential because of how significanly low the pps dropped. went from $70 to .30,, or 30 cents.
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