Fannie Mae-No Politics (FNMA)

[f_f]

We are in very positive direction for following reasons:

1) capital requirement now is 100B, which is about 2.13% of 4.7T. This is even better than Ackman's prediction

2) Although Mark claim NWS will not stop for now(My guess is GOV try to save their faces), but significantly raise the capital buffer means the the GSE will retain their earning in forseable future. Pratically, the NWS will stop until settlement before the end of this month.

3) "trade again" means common will trade on big board rather than OTC. So the comon-cancelled is BS :)

4) There will an appeal for the constitunality of the FHFA. But they might not appeal for the "shareholder relief". A settlement will happen most likely

My guess for the share price after all dust settle down will be somewhere between 12.46 to 25.