Replies to post #6175 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

...adding...

Maybe, but I still think it's a small money bet. I'm more certain about QCOR, tbh, and more certain yet about ACAS. Prefs and common have a place in a speculative slice, sure, but maybe 5%, *maybe*. I pitched the prefs to friends under a dollar but now, never.

Of course, I'll not be in the position that the Devil will be in if we're right, either :)

[woondedeagle]

Not a trader. Some dollars showed up looking to be put to work this morning, and I wondered if buying today before the announcement(s) tomorrow would make sense, or not..

Thanks bps..