Replies to post #466253 on Fannie Mae-No Politics (FNMA)

[LongWoolyWilly]

We get more shares with a forward split.

Forward split: for 1 share you own you get 10 shares

Reverse split: for 10 shares you own you get 1 share


The reason AIG pps is so high is because of a 1 for 10 reverse split. The shareholders ended up with a tenth of the shares they owned previously. FnF is churning out tens of billions with everything being robbed. Getting a reverse split on top of that will be a brutal crime.