Fannie Mae-No Politics (FNMA)

[M I A]

The pps now is not the value of the companies.

It is the value speculative investors, traders, and/ or long time holders (who choose to add) are willing to pay for the stocks, while we sit in limbo until something positive and meaningful happens that reveals the TRUE VALUE of Fannie Mae & Freddie Mac.

And the TRUE VALUE, depending on market conditions / valuation models, is between $150 - $250+ pps (undiluted).

Now, other issues could play a factor, but that is the TRUE VALUE. And lack of trust, corruption, and an unknown timetable is why pps sits so low.

What pps prints now is not the same as the ACTUAL VALUE off Fannie Mae and Freddie Mac. You and all others know this fact. And that is why we are in court because these companies are BOTH highly valuable and influential in housing (powerful).

Based on risk tolerance, the circumstances, and what information we have available; we place our money accordingly. And so we print sub 50 cents (common) & 8%/10% par (jps).

Happy Thanksgiving Skeptic and the rest of board. Have fun and enjoy the day. I'm off to work.