Fannie Mae (FNMA)

[FOFreddie]

FNMA and FMCC make $ 54,794,521 every day of the year - 365 days in a year - assuming $ 20bn in annual profits.

How much is the UST and US Government entitled to? On what basis?
Not too many $ 2 stocks with this type of earnings behind them.

Make your choice - maybe wait until Jan 20th? Your downside is $ 2 and change - what is your upside? Is perpetual limbo an option? Wont there have to be some Administrative action to siphon off all the cash flows into perpetuity? Does the FHFA even have that power to do that? Once a rule is published in the CFR and becomes effective - how easy it to be unwound and how easy for FSOC to agree?

Just saying - the fat lady has not sang but perhaps you dont want to wait any more for the show or never did in the first place. There are no guarantees in life but prices will always fluctuate based off of fear and greed.