Fannie Mae-No Politics (FNMA)

[jeddiemack]

Thank you,

Its hard to not reply to posts like that which are full of something and remain sullen. Which is why I've normally just ignored them, but sometimes have to try and put a little reason into play.

Why issue shares at $5 valuation when the company's metrics should support $125? If the goal is to issue a million billion shares, why not two million billion. But that's not finance or capital allocation its something entirely different.

No one would do it.

Fact is Fannie's metrics support a valuation north of $100ea common share so issuing new shares at $1, $5, or $20 is difficult to believe since its not necessary.