Fannie Mae-No Politics (FNMA)

[slacker01]

Problem is that there are tons of folks on here that pass around bogus information and make folks believe so many untruths. (Not you per se) You are more than likely a recipient of such nonsense information that gets passed around on here. As long as the gov has the wind down intact (in other words taking all net worth down to zero in a year) then there is no intrinsic value to the shares we own or trade back and forth. We are creating our own value based on how much we are willing to wager/lose vrs how much we can possible make if the courts or by a miracle gov conceeds. The gov exercising warrants to a stock that isn't supposed to exist would be even more blatantly illegal than the current situation.