Fannie Mae-No Politics (FNMA)

[nats1]

Thanks RumplePigSkin

And do you know the time horizon for acg’s pps? Most likely it was meant to be 12 to 18 months out. After release a new assessment would be completed. Also, Gabby’s price estimate was given prior to Sweeney’s derivative claim affirmation ($120 Billion in damages essentially for commons) while denying JPS direct claims (big blow to JPS which does not get enough analysis here for a de facto JPS message board).

We’ve gone down this path before. Even at 4 to 6 billion shares and $10 billion annually in earnings you could have $2 per share at 10 to 30 multiples along with dividends and being listed on a legit exchange. How many shares could be repurchased annually with the massive earnings potential from the US housing market?

For me this is a long term investment.

Yeah - I think ACG Analytics was talking 12-18 months, but I was more focused on Nomura - who was projecting earnings out a couple of years when they estimated that the dividends may finally be turned on. Eventually people will buy this stock for a source of reliable dividends. Of course this was all precrisis but it looks like we are holding up well. Also, as I indicated - I think the $7 is a reasonable floor - with this increasing - perhaps exponentially - if dilution is less. If they monetize the Seniors (and I don't think this will happen) all bets would be off. As someone said on this board previously - at these prices you are basically buying an option.

As to the court cases - except for a decision in Seila Law - the election comes first. There will be a settlement - and we will not get everything we want. I am still counting on the 4th amendment getting rid of the seniors (I hope) and an uplisting. A lot of uncertainty and risk - but again, basically an option. Thanks again for the response.

Nats