Fannie Mae Preferred S (FNMAS)

[NobodyFromNowhere]

Berkowitz in deep w/ SHLD, if Macy's can't make it nobody can

I'm seriously not sure if Fairholme will survive, and if not, he'll be liquidating his pfd's.

I suggest frontrunning Berko and selling pfd's.

Same for Ackman and his VRX position.

It happens to all of us eventually. We take a big concentrated position and it nearly takes us under or makes us mega millionaires.