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Re: None

Friday, 03/05/2021 9:51:35 AM

Friday, March 05, 2021 9:51:35 AM

Post# of 795259
Glen Bradford of Seeking Alpha is looking to promote Junior Preferred Shares (JPS), e.g., FNMAS, FNMAT, FNMFO, etc., to unload his JPS as well as his friends. Glen is looking to create more JPS bagholders.

Glen's track record is very, very poor. Due your due diligence before following the very poor investment advice.

Glen Bradford is looking to get more bagholders to purchase JPS so his friends and him can unload their JPS positions.

The CFO of Fannie Mae who issued the JPS shares called them a "quagmire" trade, and there is no way out of their trade for a long time.

JPS shares have lost 50% of their value relative to Common FnF shares. (Correction here)

Buyer beware!