AI
Tuesday, May 31, 2016 8:28:43 AM
For reference, first link is the actual slideshow. 2nd is another news article of it. Both from May 4th- 6th of 2014.
http://im.ft-static.com/content/images/ebc3f688-d51b-11e3-adec-00144feabdc0.pdf
http://m1.marketwatch.com/articles/BL-MWTELLB-13977?mobile=y&mobile=y
IRONICALLY mike_usa, we are BOTH wrong.
Look at page 104 of the slide show where it clearly shows Ackman’s estimated PPS.
It mentions those numbers with a diluted share count right above it of... 9 billion.
So, anyone take a guess at what that means our estimate is off by?
Hint: a lot. According to multiple sources we are at 1.15 billion common shares now, the presentation CLEARLY states the dilution in relation to shares of the government’s warrant value.
So, not meaning to get crazy but... his estimate of $23-47 would be multiplied by about 7.82
That equates to: $179 - $367.
https://ycharts.com/companies/FNMA/shares_outstanding
Sorry you were wrong mike_usa. (LOL)
-Zargis
Our actions, no matter how small, will resonate throughout eternity, have you considered the consequences of yours?
( ~ May your entry be well prepared and your exit be swift. ~ )
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