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Federal Home Loan Mortgage Corp. is Today's Focus Stock on MicroStockProfit.com(July 16, 2010)
DALLAS, July 16, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Federal Home Loan Mortgage Corp. (OTCBB:FMCC). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/FMCC
FMCC's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, FMCC is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Federal Home Loan Mortgage Corp. (FMCC), formerly Freddie Mac, is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and holds those loans either for investment or sale. Freddie Mac finances purchases of its mortgage-related securities and mortgage loans, and manages its interest rate and other market risks, by issuing a range of debt instruments and entering into derivative contracts in the capital markets.
In the report, the analyst notes:
"FMCC reported a net loss of $21.6 billion for the full-year 2009, compared to a net loss of $50.1 billion for the full-year 2008. After dividend payments of $4.1 billion during the year on its senior preferred stock to Treasury, FMCC reported a net loss attributable to common stockholders of $25.7 billion, or $7.89 per diluted common share, for the full-year 2009, compared to a net loss attributable to common stockholders of $50.8 billion, or $34.60 per diluted common share, for the full-year 2008.
"FMCC recently announced that it auctioned a $1 billion reopening of its 2.875% five-year USD Reference Notes® security that matures on February 9, 2015. The stop yield for the issue, CUSIP 3137EACH0, was 1.93%, priced at 104.110716, or approximately 8 basis points more than five-year U.S. Treasury Notes."
To read the entire report visit: http://www.microstockprofit.com/lp/FMCC
See what investors are saying about FMCC at penny stock forum
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
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