agree plus there is no meaning to hold preferred shares after new entity news. i guess pref.shareholders will jump here to buy commons.. commons can rock without any limit..
All that people see, is, 'Fannie and Freddie are being replaced'....So all of the gains that the stock has made, and all the hard work it took to get it above the 50 day ma, was probably for nothing....panic will most likely set in today....imo
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