Fannie Mae-No Politics (FNMA)

[robert peebles]

To receive institutional interest, first and foremost these will be the largest capital raises in history.....it ain't being priced sub $10/share

AAPL has 4.75 Billion shares outstanding, WFC has 4.7 Billion shares.....underwriters/market will not want any company of this size to have tens of billions of shares outstanding.

There's a better case for the stock being priced at $25/share with 5 billion shares outstanding than at $7.50 with 17 billion shares outstanding