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Louie_Louie

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Louie_Louie

Re: YanksGhost post# 609097

Friday, 05/15/2020 6:13:29 PM

Friday, May 15, 2020 6:13:29 PM

Post# of 798277
If commons hit 30-40, then pref's can convert at let's see....
FNMAS = 7.45 into $30 = 4.03 pref's per 1 common.
FNMAS = 7.45 into $40 = 5.37 pref's per 1 common.
If I was the FHFA conservator, I'd like these numbers! Gets rid of a bunch of high interest coupon payments. If they don't convert, then no problem.
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