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6 pts

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

Aug 06, 2008 04:41 PM UTC
Return Risk
-28.63% LOW
Analyst

Congress has already taken steps to ensure Freddie Mac has the ability to borrow money interest free to add to capital reserves as needed.   The housing situation will stabilize by end of the year.  Stock is way oversold and even though the dividend has been eliminated as of today, this was expected.  If in a year they reinstate the dividend, then the stock will go back up to 35.00

FRE:  This call was made on 08/06/08 @ $7.1322
Rating:   Positive   $7.1322 (08/06/08)
Closed:   08/06/2008 @ $6.49 (-9.00% in 4 hours)
Target:   $12.00 (+68.25%) in > one year


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pwgraff previously rated FRE
Positive -91.21% Bullish on FRE ...
08/06/2008
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