Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Right there with you Guido! Those warrants are exactly what they are called, a backing. If the money grubbers in DC get their way, I will join any warrant suit.

Warrants:
A stock warrant is a derivative contract between a public company and an investor. A warrant gives the holder the right to buy or sell shares of stock to or from the issuing public company at a specified price before a specified date. Holders of warrants are under no obligation to buy or sell the underlying stocks

As far as I know, there's been no specified price to sell, in the warrant contract, but there is a date. There is a purchase price which is byond a joke! Notice it says holders of warrants are under no obligation to buy or sell. The warrants were a collateral device in case of whatever loan was given, was defaulted. The loan was bogus! Make believe! And was paid back plus! Any kind of assumption by government that they are entitled to more off the backs of our companies with these warrants should be met with fierce retaliation and never give in stamina!