Holiday weekend question to a group of "rational" investors.....after researching FMNA and FMCC I came to the conclusion that the common and related preferred shares were essentially pretty worthless, being that the chance of these entities being privatized was darn slim.

Ralph Nader is for it, and you know how often he gets his way....Called my brokerage, and yep, they agree the only reason FMCC and FMNA've been going ape**** is because, well, they've been going ape****, madness of crowds.

Anyone have any thoughts? Sure has provided a pretty candle to look at.