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JOoa0ky

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JOoa0ky

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Monday, 05/25/2020 12:02:34 PM

Monday, May 25, 2020 12:02:34 PM

Post# of 796569
FNMA conversion ratio should be worse than Citi...

As positive developments roll in, common prices should rise. The further the date of conversion the worse the outcome will be for pref.

Of course unless manipulation of commons occur to keep price low (:

Even with uneventful news, fnma has managed to spike beyond $4.25 but now that we are having concrete outcomes... I expect it to go beyond that. Citi conversion price was at 3.25

Just a hunch.
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