Every stock has a risk level. Even TSLA that is breaking the envelope in new technologies. Unless Pulte is trying to ease the blow of bad news for the IPO. Which I doubt very seriously. I am sure the MF banks will do everything they can to steal our shares. I am sure they put Pulte up to announce this. This risk level with the other prefereds is pure nonsense at best. I would not loose sleep over it. Its just BS to pacify big money trying to get FNMA/FMCC shares at a lower price point. Well they surely got some today at around $10 (FNMA) and $9 (FMCC). Usually when there is a big drop followed by a rebound it means big money is loading up. If it did not rebound, I would start to get worried. Right now I am not worried it is doing exactly what BIG MONEY IS LOADING UP and MMs want by manipulating the stock price down to make it easy for big money to load up. Its illegal because some small shareholders loose money and get burnt by this illegal manipulation as I said before today. I hope DOJ has the balls to prosecute these criminal manipulators trying to steal our shares.
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