$200+pps($230+ billion market cap)with no dilution because conservatorship was forced and should be reversed with a return of all $ over the gov's original "loan". Cancelling sps, lp, and warrants voided ( or warrants purchased for no more than .00001/basically nothing or whatever it was they/gov paid)
Example above is FAIR, gov is lucky if none of those at fault go to prison for this mess.
$140+pps($230+billion market cap) next best scenario, especially for gov because they get to walk away not having stand trial, reverse "conservatorship" , admit wrong doing or return any money from this sham. Avoiding further embarassment for gov.
Obviously becomes much lower $30est ($230billion market cap) if somehow allowed to let criminal behavior go unchecked. Not return any money or USE BOGUS WARRANTS. Corrupt enough to say the "conservatorship" was legit and needed and they didn't know FnF would be profitable so NWS put in place for so long and HERA saying fhfa can self serve and not be questioned for their actions. That's all bad enough but to let warrants or suggest warrants be exercised (further robbery) because UST wasn't paid back. Suggesting using profits from warrants (which further dilute commons in release scenarios) to fund an agenda is bs.
All the while FnF are scapegoats for gov and tbtf banks.
Warrants ?
Cap Raise (spo)?
Jps conversion?
Sps conversion ?
More and more dilution of commons. Maybe you don't mind if you don't hold common shares.
But those, like me who are 100% commons, and those with a split of jps/commons care about massive dilution/robbery of the common shares.
Scenario above of $200plus pps at $230billion market cap without a single share added to the original # of shares (1.159 billion for fnma roughly) is possible and should happen because it is the right thing to do. BECAUSE:1 Conservatorship = BS
2 Mark calab = hid stress test, high
cap req. set
3 Got principal $ back from "loan"
4 No need for all that dilution rushing everything along letting commons get slaughtered just to hurry and get paid or appease gov.
The scenario up top with $200+pps ($230+market cap) without a single share added. No splits/ reverse splits or any other games. Both commons and jps win. You might have to wait longer but all win. We rush this along only few win, but many lose out.
So let's all win.
*Long term holder of fnma/fmcc common shares.
I don't bother daytrading it. So if you are daytrading it, what I said wont mean much. Good luck to daytraders and long term investors. The best outcome in for these companies is why I bought and hold for. Holding until it's over. GL
