Did Mnuchin Just Say Fannie? Buy, Buy [Seeking Alpha]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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US:NYSE Investor Relations:
investors.suntrust.com/overview/default.aspx
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Source: Seeking Alpha
Summary FNMA ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) preferreds are on a roll for now. FNMAS is now up from a low of $5.42 on April 7th to $6.97 at Friday's close, +4.5% today on big volume of 4.5 million shares vs. average volume of 1.6 million shares. It still has a long way to go to get back to its recent peak of nearly $11.00 back in February. FNMAT soared 6.77% Friday on huge volume of 8 million shares today, nearly 40 times its average daily volume. Why have FNMA and Freddie Mac preferreds performing so well lately and why was volume up so much? I am hearing chatter that someone knows something which is why there was big volume and blocks in FNMAS and FNMAT Friday. Details might be in Treasury Secretary Mnuchin's tax plan announcement next week due to DTAs. Mnuchin said Fannie and Freddie overhaul is a 'very important' goal, read about it here in Bloomberg BusinessWeek. Could Bruce Berkowitz, John Paulson, or Carl Icahn have convinced Bill Ackman he sh
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News
- Solidion Technology Reports Results for Full Year 2023 [Yahoo! Finance]Yahoo! Finance
- Solidion Technology Reports Results for Full Year 2023GlobeNewswire
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Solidion Technology, Inc. Announces Pricing of $3.85 Million Private PlacementGlobeNewswire
- Solidion Technology's Lithium-Sulfur Batteries on a Launch Pad to Accelerate the Takeoff of the eVTOL Aircraft Industry [Yahoo! Finance]Yahoo! Finance
STI
Sec Filings
- 4/15/24 - Form S-1
- 4/12/24 - Form 10-K
- 4/2/24 - Form NT
- STI's page on the SEC website