Fannie Mae (FNMA)

[FFFacts]

Is it a bad thing if sctous denies the petition? If scotus accepts and eventually finds in favor of plaintiffs on a direct takings then shareholders will get paid pennies on the dollar and the ownership interests will be cancelled. The alternative is if a derivative takings or temporary/regulatory takings prevails.

If scotus denies petition then shareholders still retain shares and could get a small recovery in other suits while maintaining its ownership stake, although it could be diluted.

I have been very accurate on my predictions.