Fannie Mae (FNMA)

[Commons_Cancelled]

Except for the fact he's Mnuchin's right-hand man. His view definitely carries a lot of clout, more than your Average Joe's view does.

Keep closing your eyes, plugging your ears, and saying "La La La" ... one day we will all wake up to a big Moelis slap to the face. That will be the Average Joe's "Aha!" Moment.

The good thing is, Commons could still see double-digit dollars ($10-12) at some point under Moelis. That's a lot of up-side from these prices assuming the FHFA doesn't stab us in the back with a Receivership and Cancellation of Commons.

I had no idea Average Joe's were such a greedy bunch. ~10x up-side is staring them in the face and they're throwing a fit they might not see 100x returns. These folks don't sound like Average Joe's to me at all. Nope, they sound more like Hedge Funds and paid pumpers.