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  • Tagged delisted

    Fannie Mae, Freddie Mac, and Blockbuster are now Penny Stocks

    Posted on July 11, 2010 by Sandy Whitman

    Boca Raton,FL July 11,2010 Penny Stock Traders have been busy lately as Big Board NYSE stocks (OTC: BLOKA) , Blockbuster, (OTCBB: FNMA), Fannie Mae (OTCBB: FMCC) Freddie Mac have become fallen angels.

    These 3 companies could not have picked a better time to enter the over-the-counter market. With small-cap stocks in the summer doldrums, traders and investors have been complaining about how slow it’s been the last couple weeks. Since being delisted, Blockbuster, Fannie Mae, and Freddie Mac have been top volume leaders in the over-the-counter market. All of a sudden traders have something to talk about again. These 3 stocks seem to be providing some nice liquidity for day traders and investors. Read the rest of this entry »