Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

$5-7 is a very realistic expectation for Commons. Double-digits is a stretch, and anything over $20 is a ridiculous stretch of the imagination (borderline looney bin material).

If I were an Average Joe (I most certainly am not, but may become one due to a force Conversion to Commons), I would expect $3-5 and anything more would be icing on the cake.

Reality is, those that touted 500% gains were right. Unfortunately, those gains started at $1 and will peak at $6.

In the end, the Average Joe's will all be saying: "Preferreds really were the better buy, I should've listened to that Commons_Cancelled guy."

The Good Ol' Boys Club appreciates your contributions. Thanks for playing.