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Saturday, January 21, 2023 7:12:37 PM
GSE commons know very well anytime receivership is mentioned, its an attempt to harm commons with no standing or reference from anything that is planned for GSE release, its just a fantasy that is used to drive down common stock price.
why in any realistic sense would government want to see it at a penny when they want to maximize their profit in an IPO on a real exchange? it wouldnt.
Respectfully....you don't grasp the big picture. Receivership or not, the government can make your commons worth practically nothing without receivership. The 'IPO' or re-IPO will be....and certainly if no receivership route is taken....a massive dilution of commons via SPS and JPS conversions to commons as well as the exercising of the warrants....simultaneously with a massive reverse split. This is the IPO - the new shares are the government's shares that they receive via conversion and exercising warrants - what the shares trade for now have no relation to a post conversion, post reverse split release.
Nobody posting here about the likely fate of the commons is trying to "get cheapies". That's laughable.
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