Fannie Mae-No Politics (FNMA)

[M I A]

Latest

Garbage talk being floated:

Calling in some jp at par with payout

Or

Converting to common while printing .80/ s

BullS**t

Thinking gov will call some jp at par while other jp are down or commons are down is a joke.

If you call some jp and pay par or near it , it then gives the ability for the jp owners who were bought out to either buy back in other jp or commons at cheap levels and reap more profits before those move.

If converted at or near par those jp to common at low prices, produces similar outcome while also diluting commons extremely before movement in price.

So gov already thinks shareholders are greedy and they are going to help those jp owners make twice. Doesn't sound right.
Again let's (gov) just push price of common to 5 cents and convert at par/near par some jp or cash them out And let those jp holders, with new found cash, buy jp that is still printing 10% par. Make on those as well? Or convert jp into millions or billions of common. Dump those and buy cheap jp. And/or leave in commons?

What makes sense?


Here is whole thread:

Is today the day that $FNMAS and $FNMAT reach parity?

— Jarndyce Jarndyce (@JarndyceJ) April 19, 2022

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JMO