Fannie Mae-No Politics (FNMA)

[Lajrchamp]

We've seen lots of numbers thrown around, but honestly, no one knows what PPS we can expect post SCOTUS. All the variables are wild cards. First, and most importantly, is how strong the ruling will be. Based on the tenor of the questions and the Government's inability to assail the 5th Circuit's logic, it appears a virtual certainty the NWS will be voted down, likely by a solid majority or unanimously. NThe big question mark is what remedy will follow. The Justices appeared chilly to retroactive relief, but it could happen.If it does, and especially if news reports of such a stinging rebuke hit the airwaves, we might see a buying frenzy that takes shares to $20. I doubt it, though. This stock is still OTC, the GSEs still in conservatorship, it's not a new commodity, and there have been many false alarms. Commons hit only $4.25 after the en banc, after getting to $5 years prior on Mnuchin's empty promise of making F&F's release "a priority." All these factors are "drags" on the potential share price.

Ackman getting in big years ago created a bubble at around $6.30 or so, so I'm thinking we go over $5, maybe $6, but who knows? With all the debate about "socialism" I'm hoping the ruling gets some publicity, and investors seeing a legitimate chance to one day cash in big start a feeding frenzy.

Just my take. GLTA