Fannie Mae-No Politics (FNMA)

[LongWoolyWilly]

For some reason I thought the AIG reverse split was 1 for 10. It actually was 1 for 20. AIG shareholders were left with a fraction of the shares they had before the RS.

AIG's pps today is 54.24. Divide that by 20 gives you 2.71. So basically it has moved up by 2.71 - 1.25 = 1.46 since then if you do not consider the RS. That is hardly any appreciation during a period of 9 yrs.

FnF can move up by 2 to 3 dollars or more just on the hint of good news and that is without a RS. So you can imagine what the price will be 9 yrs after release.

https://in.reuters.com/article/aig-shares/update-1-aig-shares-tumble-after-1-for-20-reverse-split-idINN0151395020090701