Fannie Mae (FNMA)

[Steelhead9]

So we have no timeline now. Many thought that today would be big since the earnings report would give heavy indication as to the status of the conservatorship. There may be some clues here and there, but ultimately we are left with no date where we can expect a movement. Could be next week, could be a few weeks from now before any more news or action comes out.

I think March 31 has some significance. That is the day that the 10B is actually supposed to fall into the abyss that is Treasury. If there is no action by then, I expect an accute drop in the PPS.