Freddie Mac shares to trade on OTC market

Discussion in 'Stocks' started by ASusilovic, Jul 7, 2010.

  1. Freddie Mac said late Wednesday its shares will begin trading on the over-the-counter market starting Thursday. Freddie Mac shares will trade under the symbol FMCC on the OTC market. The mortgage finance firm said in June that it was ordered by its conservator the Federal Housing Finance Agency to delist its common and preferred securities from the New York Stock Exchange.

    http://www.marketwatch.com/story/freddie-mac-shares-to-trade-on-otc-market-2010-07-07

    Junk stocks belong into a "junk" market...
     
  2. da-net

    da-net

    Sounds like a Fed Govt sponsored "PowerBall or Mega Millions" lottery.:D :D