Fannie Mae-No Politics (FNMA)

[trunkmonk]

that makes no sense, not only why, but how could he do that?

Based on my own opinion I am sure Mnuchin will f*** the crap out of us by buying cheapie diluted shares to enrich himself and leave us to eat dust.

If he buys cheapie diluted shares, when he sells them they will be cheapie diluted shares.

this sounds too familiar with the old P story line, where they constantly thought up new fantasies to justify the price going down to 1, where those including KT said they would buy up cheap shares. first that didnt happen, actually JPSs are down 50% instead, and if they got cheap shares from their imaginary conversion from par:1 dollar commons, they would then have to sell those cheapies even cheaper in the future.
Do people think shares go down just so they can buy and magically go back up so they can make tons of money?
well I get it, bitcoin has been doing just that, but the con game gets exposed for what it is, it will make Madoff look like a corner pencil salesmen, and bitcoin will be all but a memory like Y2K.