Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Hahaha lol, yeah, I'm probably not going to pull the trigger on any prefs. I'm still holding all my commons in the twins. I think if FandF begin a decline below $1, I will start buying 5-10k at a time.

The way I look at it, the government has those warrants and they are greedy as all hell. It's been stated by them and media numerous times that government owns 79.9% and we own 20.1%, so essentially having commons is betting with the house. At some point, if they do try to monetize the warrants, they wont take the $1.20 or so that they are going for now. The government will have no choice but to raise the value of 100% of the common shares if they go for cashing in the warrants....But like most on here, I would join any class action or suit if government did try that.