Freddie Mac, 8.375% Non-Cumulative Perpetual Preferred Stock (FMCKJ)

[philipmax]

Thanks.
I visited some FNFNM and FMCC Hub spots but they were dry. So, I migrated here. We'll see if becomes active or not. Yahoo is full of "one liners" insulting and trashing each other so I stayed off. SeekingAlpha is a mature discussion group. Unfortunately, I haven't yet tapped into the continuum vein of information there. It's a hit or miss streaming of articles. I don't want to be stranded either.

As you know there will be some smart-Alick who'll predict explosive prices, and others who will put this whole issue as a folly.

If you or anyone finds a real insight into the value (or non-value) it would be helpful to all.

We never experienced a "conservatorship" before. I am not sure if anyone knows the legal standing of this entity. Not sure the originators knew either.