Fannie Mae-No Politics (FNMA)

[Patswil]

$11Bill Rev/1.16 bill shares X 17 P/E= $161.00 @TheJusticeDept
Of course this doesn’t take into consideration any subsequent PENALTIES
$40/share….perhaps after a 4/1 forward split–warrants are invalid
the biggest variable is what the P/E should be

P/E is variable---floating target===could be a lot higher--like 40


Net income/outstanding shares * P/E multiple==PPS

thus 11/1.16*40===PPS of $379.00

PPS shd be $379.00 $11bill/1.16X P/E 40==$379.00