Replies to post #623350 on Fannie Mae-No Politics (FNMA)

[PennMilitia]

Here is my experience with R/S

I was involved with the R/S at CITI. It
was a 10 to 1 split. Sure the price went from
approx 4 dollars to 40 dollars.

Then the same day investors sold the stock
like there was no tomorrow. It took a long
time many many months for the PPS to
recover.

Besides that major drawback the GOVT is
not going to want a R/S either. It’s a dead
subject not gonna happen.

[pka1639]

The "optics" would be that shareholders would have nothing left to complain about with a post-split price of $20. And $500 would be just plain greedy. lol