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Penny Stocks Sparking Investors Interest: (OTC:LOTE), (OTC:FNMA)


New York, NY -- (ReleaseWire) -- 05/07/2013 --Lot78 Inc. (OTC:LOTE) traded at $ 7.55 in the last session, which is +0.22 (3.00%). The stock has a Range of 6.60 - 7.99. The stock has a 52 week low and high of 0.15 - 11.65 respectively. The stock has a Market Cap of 430.75M. The stock traded a volume of 503,038.00. The stock has a 30 day average volume of 837,223.00.

Lot78 Inc., formerly Bold Energy Inc., is a development-stage company. The Company focuses to develop a range of loyalty program based on Global Club points awarded for all purchases made in associated establishments. These points will be exchangeable by products, trips or discounts.

Find out if LOTE could maintain its gaining momentum in the very short term by getting the full trend analysis report here:

Reuters reported that Federal National Mortgage Association (OTCQB: FNMA) Fannie Mae, the largest U.S. home funding source, said on Monday that it plans to sell $2.0 billion of benchmark bills on Wednesday. The sale consists of $1.0 billion of three-month bills, due Aug. 7, 2013, and $1.0 billion of six-month bills, due Nov. 6, 2013. Settlement is May 8-9.

Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage-related assets are purchased and sold. The Company’s activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS), and purchasing mortgage loans and mortgage-related securities in the secondary market for its mortgage portfolio.

Find out more on FNMA here:

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