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4 pts

Opinion on  Freddie Mac (FRE)     Sector: Financial  >  Industry: Consumer Financial Services
Bullish on FRE ...

Sep 25, 2008 03:56 AM UTC
Return Risk
-12.14% LOW
Analyst

Recent News  

Freddie Mac Sells Bills At Higher Rates-Reuters
Monday, 22 Sep 2008 10:14am EDT  

Reuters reported that Freddie Mac's $2 billion two part bill sale was sold at higher interest rates compared with the last week's sales of the same maturities. Freddie Mac sold $1 billion of three-month bills due December 22, 2008 at a 2.450% rate, compared with a 2.100% rate for $1 billion of the same maturity bills sold on September 15. Freddie Mac also sold $1 billion of six-month bills due March 23, 2009 at a 2.810% rate, versus a 2.350% rate for $2 billion sale of the same maturity last week. 


FRE:  This call was made on 09/25/08 @ $2.16
Rating:   Positive   $2.16 (09/25/08)
Closed:   09/25/2008 @ $1.95 (-9.72% in 17 hours)
Target:   $2.34 (+8.33%) in < two weeks


Comments (1)

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om.samuel2   41%     1 point   commented 104 days ago reply

i've been watching this from $10 to $0.3.
now $2.4. only in 5 days
yes still bullish.
see also FNM

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Who voted on this idea?
ecommando 49% 09/25/2008



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xenon previously rated FRE
Negative +0.00% Dirty stock
09/26/2008
3
Positive +0.00% Bullish on FRE ...
09/25/2008
0
Positive +0.00% Bullish on FRE ...
09/25/2008
0





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