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Re: malvern post# 223209

Friday, 06/06/2014 8:06:20 AM

Friday, June 06, 2014 8:06:20 AM

Post# of 869554
I have never bought into the huge number targets like Ackman floated out there. Anything is possible, I suppose, but something extraordinary would be required like Zargis' prediction that the Treasury will simply walk away from the warrants, which I highly doubt is ever in the cards.

Berkowitz made something like 400% on what he sold Icahn. At a $45 share price he would have made 4500%. With those kinds of potential returns, would YOU have sold your FNMA to Carl for $4 if you thought the prospects were strong for that $45 share price?

I don't think so.
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