Replies to post #623362 on Fannie Mae-No Politics (FNMA)

[mrfence]

Preferreds to the back of the Bus....

[PennMilitia]

It’s the truth about R/S - PPS down !

The investors just don’t believe in the new
higher share price after the R/S and they think
the PPS should be lower. Then the huge
sell - off starts.

Happens that way at other companies too.

[Glossy]

Obviously, you don't understand what you are saying. A R/S simply means there is a problem within a company. That's why they do a R/S to maintain the minimum requirement to be in the index to where they are assigned. If a company is in trouble and needs to stay in the index, they do R/S. That is why a sell off typically happens after a R/S which they don't want to happen of they want to maintain capital. If they want a R/S, they should have done this a long time ago.