Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Probably. As Glen said earlier, Commons & JPS likely have similar upside from these prices.

3-4x from current prices seems the likely outcome for both classes of shares. But the Safety Net of the Jr. Preferreds (along with their Contract Claims in Lamberth's Court) allow JPS to sleep much easier at night. No fear of massive dilution either

Anyone expecting a 10-100x in FNMA is going to be sorely disappointed when the Reverse Split is announced and those FNMA Fantasies are destroyed.