Will freddie and fannie maes stock eventually become worthless?

eventually?......I thought it was already worthless.

If I had some, I’d sell it today.

I heard an interview yesterday where it was made clear that stockholders would be the last paid/first to lose (as compared to taxpayers).

I short, this stock isn’t so hot to have in your portfolio.

Probably good only for rewallpapering your bathroom. My condolences.

This has been covered in detail in another thread

@allengreen
Why don’t you share the link here?

I don’t think so. I think the government bailout dramatically reduced the value of the stock but did not 100% erase it.

@allengreen Link please No, government bailouts and other taxpayer support will prop them up until the market correction is over.(60% chance worthless, 20% chance spontaneous recovery 20% chance government bailout)

i do not deal in shires thanks GOD but i wish it will not be lost it’s value as i do not wish any body any where lose i wish the best for every body God help them…........