Fannie Mae-No Politics (FNMA)

[familymang]

The market is telling you everything you need to know about the common shares. Jr Pfds are up +20% YTD while common shares are down -20%. Thats a 40% difference in performance.

The reality is the supreme court ruling changed everything for the common, and the market figured that out. But people on this board refuse to acknowledge it. Don't believe me? Just open your eyes and see for yourselves. Jr Pfds are +75% since the supreme court ruling crash, meanwhile the commons are -50% in that same period. Ignorance can be expensive.