InvestorsHub Logo
Followers 13
Posts 1312
Boards Moderated 0
Alias Born 12/09/2019

Re: Commons_Cancelled post# 590270

Tuesday, 02/04/2020 4:43:21 PM

Tuesday, February 04, 2020 4:43:21 PM

Post# of 800641
Look at the current market cap FNMA

3.8 B Market Cap
1.2 B Shares out

Heck with the 4th QTR earnings alone FNMA can buy back all the existing common shares on the market. ALL OF THEM.

That is huge to be able to wipe the slate completely clean of commons if you can get everyone to sell. The chances of having an opportunity like that again are slim to none.

But this type of thinking is over the heads of most people.