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Re: navycmdr post# 754442

Friday, 05/05/2023 5:44:34 PM

Friday, May 05, 2023 5:44:34 PM

Post# of 867402
Hello navycmdr,

I've noticed your recent posts on this bulletin board regarding the stock values of FNMAS and FNMA. While I understand your skepticism, I must clarify that FNMAS is indeed worth $25, as it is the preferred stock of Fannie Mae. However, FNMA common stock is technically worth less, but not zero.

I understand that you may have had past experiences that may have left you jaded about these stocks, but it's important to keep in mind that the stock market can be unpredictable and subject to change.

I hope this clears up any confusion and helps you make informed decisions in the future. Thank you for your contributions to this bulletin board.

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

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