Fannie Mae (FNMA)

[PennMilitia]

Brad - How do you expect New Investors with an RS ?

How do you expect New Investors to come in if a
Reverse Split is hanging over their heads.

Doesn’t make any sense.

There are only 1.16 B shares out with a Market Cap
of 2.49B. It makes more sense to just buy out all the
existing shareholders and not have New Investors
being concerned about an RS.

It’s ridiculous to even bring it up when the GSEs
are trying to attract New Investors !

I was involved in the RS at Citi and I know it was Total
Bullshit.