"Do YOU still feel the warrants will be exercised?"
I wanted to address this first. I don't believe the warrants will be exercised and Ive never believed they would be. I have said from the beginning that the warrants will NEVER be exercised because it would create a fiduciary relationship between the government and shareholders and they would never want that.
"What is your thinking on a resolution now? Still court or settlement or EO/ Congressional change?"
My opinion has slightly changed. I do believe that an EO can affect some of this...but not all.
[HERA is a legislative order that only the courts and Congress can affect. Trump had no influence there. The Conservatorship can only be ended by Watt. The warrants are a contract matter and will likely only be ended by courts determining the contract is invalid.] - these are the areas my opinions have not changed.
[The NWS still can be effected by court, but Trump could end it by EO as well] - this is where my opinion changed from only court helping.
I do still think court is our best bet. I still, as always, do not believe a settlement is possible. However, I think the possibility that the NWS could end from Trump has improved significantly.
"Finally, where do you think PPS will be by year end?"
That I cant answer unfortunately (or Id be a billionaire). :). Too many variables for anyone to give an estimate with any certainty.
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