Fannie Mae (FNMA)

[ShortPutCall]

I have been long since my first post. Iv only bashed the govt. My words were flipped. As I do not just post positives, I include the downsides as well. Downside not of fannie, but becaue the govt has 1mill senior shares which get first cut of divi at 10% at a par vaule of 100million, and the 20 year warrent. Even though the warrent very unlikey will be warranted, it's stupid not to mention it, and try to pretend it does not exist. As down the road after this stock hits 40 and, you think your in the clear. You might wanna sell at any bad news knowing the govt might warrent to come back in. the warrent and stock is fact, it's my opinion its a downside to take in to factor. Though I always say right after this common stocks vaule is not dependent on a divi, thats for the prefered shares. The common stock gets the left overs. It's nice, very nice, but not need for the vaule to increase to 40 a share.