Freddie Mac-No Politics (FMCC)

[prokopton]

"...also with the finances reported...what should the current pps be?"

At today's pps a rough estimate would be:

--all senior preferred shares converted to common shares.
--all junior preferred shares converted to common shares.
--all extra/extraordinary items would be wiped off the income statement once those preferred shares are converted.

--there would be about a 90% dilution.
--market cap. would be about $33 billion.

FMCC would be a company with roughly:

--$33 billion in market cap.
--$ 80 billion in revenue
--$20 billion in profit (projected next 4 quarters if pace continues)

Of course there are other factors than just pure numbers.