Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Here's a few fun facts:
Government can not attract investment in a stock that will be perceived to be overly diluted.

Common stock price, once relisted and out from under governments boot on the throat will be VALUED BY THE MARKET. It's true price will then be known. Easily up list once this happens.

Pref's on the other hand are controlled. All the government has to say is no dividends for however long. Will this affect commons? Sure, but we have stock price appreciation working for us. Always!

Pref's still struggle with the "no windfall for shareholders" comment. You are pref shareholders, hedge funds hold most the prefs, congress is vehemently opposed to any hedge funds reaping a windfall from this situation, and this administration's is well aware of that. So what is hard to understand about that? At this point I have to assume reading comprehension is not a pref holder requirement, especially since some of those law suits are about back dividends and pref contracts all say NONCUMMULATIVE with a definition of that. If pref's want things undone to get their dividens, then much has to be undone for commons, so that would shoot your conversion, cram down, reverse split all to hell.

Pref's think the stock gets crammed down, reverse splitted, converted to oblivion and before that they will get 125% par and their back dividends....lmao. Greedy much! Yet they want to be converted and for the price to magically go up somehow after all their conspiracy thesis is incorporated. I hate to tell ya...there is way more bias to hurt the pref classes due to the hedge funds owning, bod being paid in commons eventually, the need for maintaining a strong price throughout this process and once consent decree is implemented, commons most likely get their voting rights back to have say in any recap offering.

You pref holders keep the dream alive though. Lol