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Post# of 796684
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HoldenWalker99

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HoldenWalker99

Re: JosephS post# 495865

Wednesday, 01/23/2019 11:08:55 AM

Wednesday, January 23, 2019 11:08:55 AM

Post# of 796684
GSEs will reverse split at least 1/20.

Once government converts $193 billion senior preferred to common equity for 386 billion shares at $0.50 per share, there will be 387.8 billion shares (don't forget to add those 1.8 billion existing common shares!) which is too many.
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