Fannie Mae-No Politics (FNMA)

[imtheshadow]

This post seems to encompass the two camps here:

The "This time is going to be different" camp who believe we're head for release and CURRENT shareholder will be rewarded with $6-$18 (or higher) in the next 12-18 months (or sooner).

And the "Burn me twice, shame on me" camp who believe that we SEEM to be headed for release, but there is incredible concern that current common will get screwed in the process (with $6 maybe being the upside? (my guess))

Market, aka lemmings (count me in), is clearly in the second camp.

I forget all of the specific time frames, but I think in the next 6 months we'll see how Judge Atlas rules on the en banc remand, if the SCOTUS agrees to hear the en banc appeal, if Sweeney allows her case to go forward and reveal the 11K docs and, most importantly, how much longer Sean survives on DWTS ... cheers, Shadow