Lot78 Inc(OTCMKTS:LOTE) rose by 17.24%, FREDDIE MAC PFD Z (OTCBB:FMCKJ)

Posted by Steve Raasch May 28, 2013 0 Comment 794 views


Hartford, CT 05/28/2013 (GDPInsider) –In Friday’s trading session, Lot78 Inc (OTCMKTS:LOTE)  rose by 17.24%. Its opening price of $17.55 rose to touch an intraday high of $20.83 which eventually headed down to close at $16.95 per share. More than 0.200 million shares exchanged hands in the last trading session. This number stood below the average volume of 0.750 million that was measured over a 30-day period.

A look at Lot78 Inc(OTCMKTS:LOTE)’s trading history over the past 52 weeks shows that the share price has suffered low of $0.70.  It then moved to the maximum level of $20.83. In the 2013 Q1, Lot78, Inc. (LOTE) continued building and developing its brand awareness. There is a distinct possibility of growth over the next few months. Lot78 Inc was formerly Bold Energy Inc and is a development-stage company. It focuses on developing a variety of loyalty programs based on Global Club points. Points are awarded for all the purchases that have been made in associated establishments.

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In Friday’s trading session, FREDDIE MAC PFD Z (OTCBB:FMCKJ) rose by 11.13%. Its opening price of $5.85 rose to touch an intraday high of $7.24 which eventually headed down to close at $5.85 per share. More than 4.43 million shares exchanged hands in the last trading session. This number stood below the average volume of 4.78 million that was measured over a 30-day period.

FMCKJ is now valued at approximately $1.40billion. The company provides credit guarantees for residential mortgages that have been originated by mortgage lenders. It invests in mortgage-related securities and mortgage loans in the U.S. The company participates in the secondary mortgage market. The secondary mortgage market segment in the United States is made up of institutions that are engaged in acquiring and selling mortgages. These mortgages are in the form of whole loans or mortgages that have not been securitized, as well as in mortgage-related securities.

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About Steve Raasch

Steve Raasch is a breaking news reporter for GDP insider. During his nearly two decades of editorial experience, Steve has covered a variety of topics including small business, health, personal finance, advertising, workplace issues and consumer behavior. Steve is very passionate about his work. Steve earned a master of arts degree in international relations from the Johns Hopkins University School of Advanced International Studies in Washington.

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