Relisting to the NYSE is a necessary must and an easy thing to do. Since FNMA & FMCC stocks have been qualified and approved for relisting by NYSE for several months now. The NYSE president said she will welcome relisting the FNMA and FMCC stocks with open arms.
I vote with all 10 fingers and 10 toes for this move to be done, ASAP.
Its the first step of several steps to rocket our shares to a price point they should have been trading at for many years, and not these current miserable price levels. Its been a mockery for the past 17 years to have our shares trade on the OTC Pink Sheets at rediculous and unfair low price points of less than $10. Our shares should be trading north of $60+ where they where in 2007. Because Fannie and Freddie business mortgage footprint has gotten much bigger with more money ($billions) in reserve now.
I believe the Trump IPO is not off the table but slightly delayed in time by the relisting to NYSE which is a necessary must. If we are trading on NYSE we can get much bigger bids for the share prices of FNMA & FMCC by big money and thus rocket the share price to much higher levels (north of $100+ prices), than we would if we did the IPO from the OTC Pink Sheets base point.
Mr. Ackman is 1000% correct in this point. Doing the IPO when we are trading on the NYSE could make the IPO much richer with a higher stock price from the get go. So why do it the stupid way, do it the smart way and get richer with what you are holding.
IMHO.
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