Freddie Mac-No Politics (FMCC)

[prokopton]

Excluding extra/extraordinary items, FMCC is on pace to become one of the top 5 most profitable companies in the U.S. Even with the 80-90% dilution after the senior and junior preferred shares are converted if the company is privatized, it's still significantly undervalued, IMO.

FMCC's OPERATING income for the last 4 quarters.

(in millions of dollars)

4,546.00
3,312.00
2,626.00
2,944.00
563.00