is FNM a goodquick trade

[psychOnAcycle]

FNM up like 50% today, like 100+% ovr the past few days...is this rally on this stock dead or no? Also I ready they are trying to keep on the NYSE (needs to be a $1+ monthly average) and they are thinking of doing a reverse split, what will this do t the stock price?

Also im rather new at trading (im about 7mos into this slf taught venture), lets say i buy 10k shares friday morning....if theres a reverse split what will that do to my share count and the stock price???

Current after hours price is .77 and trading is closed (10pm)

Thanks!

happy thanksgiving

[Wonder]

FNM up like 50% today, like 100+% ovr the past few days...is this rally on this stock dead or no? Also I ready they are trying to keep on the NYSE (needs to be a $1+ monthly average) and they are thinking of doing a reverse split, what will this do t the stock price?

Also im rather new at trading (im about 7mos into this slf taught venture), lets say i buy 10k shares friday morning....if theres a reverse split what will that do to my share count and the stock price???

Current after hours price is .77 and trading is closed (10pm)

Thanks!

happy thanksgiving

If they did a reverse split 1 for 2 then you would have 5000 Shares at 1.54 and after a few days you would probley have 5000 sahres at .50.

[Albert0373]

$1.00...nuts

[psychOnAcycle]

yup, i called it and didnt pull the trigger, dont you hate when you secong guess yourself on an almost 80% upside in 1 day?

[MrBad]

I hope you second guessed yourself again today.

Buying FNM or FRE is a high risk gamble. I expect it to tail off as it did the last time it shot up like this.

[psychOnAcycle]

Yeah I just looked at it as a one day trade, I know the window is long shut...good looking out though thanksI hope you second guessed yourself again today.

Buying FNM or FRE is a high risk gamble. I expect it to tail off as it did the last time it shot up like this.

[MrBad]

NP, Good Luck to you.

I have a feeling there may eventually be another window opening. If it does and you miss it.... watch AGM. It moves about a day later sometimes.....and it moves very fast.