Fannie Mae-No Politics (FNMA)

[Always wondering]

Let’s not forget! More than a few companies will be EXITING these exchanges due to pps requirements (no buy backs if they receive funds) and I see numerous bankruptcies on the horizon as well.
First to drop. Traded well over $300 not too long ago.

https://www.google.com/amp/s/www.wsj.com/amp/articles/u-s-shale-driller-whiting-petroleum-to-file-for-bankruptcy-11585746800

U.S. shale driller Whiting Petroleum Corp. filed for bankruptcy protection on Wednesday, becoming the first sizable fracking company to succumb to the crash in oil prices.

A lot of brick and mortars will disappear too. Bye bye Macy’s

Plenty of room for FANNIE/FREDDIE to move up