Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Shareholders have had no dividends either. But all you pref's BS-ers keep insisting conversion. Show me where a judge hearing a pref specific case is saying the courts are going to given them 1000 regular shares per a pref or 5 shares per pref.? Show me that please. All the cases are about dividends. So think about it. Pref's are non communulative from what I understand, and is why Warren Buffet hated the GSE's prefferred's,,this is a fact. Once the dividend is stopped for any specific business reason you r SOOL (shyt out of luck) as to your dividend. Hence prefferred's are no where near stocks, they are bonds. Stocks are a reflection of the value of a company on the stock market. No one asks how good is a companies value based on prefferred price, no investor I know. They always look up the companies STOCK ticker to get PE'S and all that other good info which is based on stock price, NOT pref's price. So please stop pushing your fantasy/fairytale to those of us who know the difference between owning a company or owning it's semi secure bond like debt.