Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Roughly 50 Million Dollars entered $FNMAS today. Navy, can you do a quick update on the volume of Commons versus Preferreds? Today would be a great day to compare share volume, dollar volume, and price action.

Never mind, I will save you the trouble. Looks like all the money left Commons and went to Preferreds today based on the volume and price action.

That's a lot of GREEN across the board. WOW!





No wait ... there's more:




Ohh .. My .. God. Can someone please stop the Rotation!? If only there was an SEC Letter stating the Warrants are illegal to exercise. Maybe that could help the Average Joe's. It's probably too late at this point.


Moelis is coming. Expect the Warrants to be exercised and Dilution via the incoming Capital Raise(s).