Fannie Mae-No Politics (FNMA)

[YanksGhost]

I have additional insight on authorized share count that I cannot share due to copyright issues, but I believe the totals reported by investorshub are accurate as shown. If my assumptions are accurate, Moelis can not go forward except with substantial, additional recap funds generated by more JPS issues or by retaining dividend-neutralized ( and, thus, unconverted) JPS shares that hang in limbo for another extended duration of some-to-many non-cumulative dividend-free years.

Neither option appears to me to be immediately tenable.

I have taken heavy investment hits over the last two weeks on many long term equities including Apple, BRK and Cheniere that I have held for years. Now I must decide if either F&F commons or JPS represent a better reward or a worse risk with some enlarged position and a potential recoup of what, so far, has been paper losses on long term buy and hold positions.

I am an investor, not a trader, but I will post my decision on F&F whenever I reach it. I had planned to add a major FNMA position in December with tax loss selling. Now I am vacillating.