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Post# of 798198
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Commons_Cancelled

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Commons_Cancelled

Re: mrfence post# 621845

Tuesday, 07/21/2020 11:27:07 PM

Tuesday, July 21, 2020 11:27:07 PM

Post# of 798198
Convert Sr. Preferreds to Commons, Exercise Warrants, and then Convert JPS to Commons.

Where does that leave FNMA? It leaves the GSEs instantly recapitalized, but it leaves FNMA Commons worth pennies frown

Then they Reverse Split (1000:1) and maybe Commons see $50-70 in 5 years.


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  • 1D
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