3 OTC Volume Buzzers: OTC:FNMA, PINK:IMUN, PINK:KMAG
August 08, 2012 at 14:25 PM EDT
Chicago, IL -- (SBWIRE) -- 08/08/2012 -- Federal National Mortgage Association (OTC:FNMA) continued to move higher and rose another 11% to $0.322 after the government owned entity posted profit for the second quarter boosted by higher property prices and lower delinquencies. The company earned $1.2 billion, or 37 cents a share, reversing a year ago loss of $3.76 billion, or $1.16 a share. The company continued to assure that it isn’t requesting any additional federal aid for the second quarter. Moreover, more than 15.50 million shares hacve traded by mid day, compare to its daily average volume of 1.80 million shares. On Tuesday, the stock was up about 20%. Read the full press release at http://www.sbwire.com/press-releases/3-otc-volume-buzzers-otcfnma-pinkimun-pinkkmag-157752.htm