Fannie Mae-No Politics (FNMA)

[JosephS]

You're probably right. It will probably be a plan that is different because Calabria wants more capital faster plus a reduced footprint. It may be a 2-4 dollar stock before this is over.

The mkt cap is not likely to be higher than 180 billion between them.

Even if you exercise the warrants pre offering, the stock is highly unlikely to be even 8.

4 is still 40x your money from the bottom.
Moelis plan was too pie in the sky. To raise 100 billion dollars and not wipe the common or preferred, reduce footprint, etc, you have to take drastic action.

Not a recco