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Re: FNM500K post# 750504

Thursday, 03/09/2023 9:49:17 PM

Thursday, March 09, 2023 9:49:17 PM

Post# of 796834
If you are looking to get in at low prices — they have been going lower for a good while now. Most are at 52 week lows

If you think commons have any value at all, preferred get par eventually. Which is 20x for some of them trading at less than 5% of face value

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.