Fannie Mae-No Politics (FNMA)

[Lajrchamp]

Good points all. I hope for a bigger pop than $5 for commons, but that's what I answered a couple weeks back when someone asked for predictions of the share price post SCOTUS.

There have been so many false starts with the supposed deliverance of the GSEs that the public has become wary and gun-shy of buying. I would have thought the 5th Circuit win would have driven commons (in which I'm long) higher than the $4.25 or so where they maxed out in 2019.

I expect I'll keep a core position, because you never know, but I'm tempering my expectations and will be setting some stop-limits when and if SCOTUS starts this stock moving.