Fannie Mae-No Politics (FNMA)

[obiterdictum]

If any IPO/SPO of senior preferred shares, would it affect the common shares value?

Yes. Market sentiment and correlational and subsequent changes in share price can be affected by such an event as an SPO of senior preferred shares as well as other events, be they periodic, cyclical, seasonal events, media news and viral reports, political, legal, economic and financial outlooks, activities, events and reports, changes in personnel and company fundamentals, technical analyses, trends in major indices, congressional action or inaction, time of day, market maker, broker, trader and investor strategies and activities, fear of loss and expectation of gain potentials, etc.