Fannie Mae Preferred S (FNMAS)

[Commons_Cancelled]

I rest easy knowing my shares won't be cancelled. Common holders on the other hand have shown how nervous they are. Just look at all the boards and Twitter. Common holders are in full panic mode after losing 50% in the last few months while Prefs gained or mostly held their ground.

It's very sad, but understandable. Frustration and uncertainty make people do stupid things. Hang in there though, the Mnuchin Dilution Solution is just around the corner (aka MOELIS!)

FNMA Commons_Cancelled