Wednesday, August 27, 2014

Stocks DD Cites: Could Fannie Mae relist in NYSE?


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http://seekingalpha.com/news/1955705-fannie-mae-job-listing-sends-stock-higher

The GSE job posting that caused this speculation. This could be a red herring (one never knows).
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Keep in mind, shareholders like Fairholme have rightfully asked the Fannie Mae Board of Directors to re-list the stock in NYSE. Link

It is my opinion relisting is very significant, if at all it happens. Remember most mutual funds and index funds are barred from investing in a OTC stock. 

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