Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

So you're factoring in a 1-for-100 Reverse Split? For every 100 shares you own now at ~$1.40, you would then get 1 share back and the stock would be valued at ~$140 a share. That would make sense since a Reverse Stock Split is the only way Commons ever see triple-digits. In fact, it doesn't even seem likely Commons will hit double-digits without a small reverse split.

I don't see them doing 1-for-100 though. Maybe 1-for-10, so Commons would reverse split to ~$14 based on today's price. This would at least put them in the position to up-list; however, that's not going to happen while they're still under Conservatorship. So we'll need to get out of that before we can up-list. And we'll need to end the Net Worth Sweep and also eliminate the Sr. Preferreds to get out of Conservatorship, so I wouldn't be too worried about up-listing until these things occur first.

Let's see if the 4th brings any fireworks to the GSE's, especially now that Trump has endorsed a Plan that would eliminate the GSE's Charters (yikes!).