Fannie Mae-No Politics (FNMA)

[Unhombrealado]

Went thru 2.50 resistance level, I almost bought more there.

It doesn't make sense that the companies would go through receivership when last year the GOP published a resolution stating that the GSE's would be recapitalized and recognizing that the govt could profit an additional 100B from the warrants (https://prod-cdn-static.gop.com/media/documents/Resolution+on+Protecting+Taxpayers+by+Restoring+Safety+and+Soundness+to+Government-Sponsored++Enterprises.pdf)

Yes, dilution is very likely, but it has been since the gov't issued the warrants. I'd be surprised if an investor like Ackman didn't see this as a likely scenario.