News Focus
News Focus
Followers 271
Posts 8591
Boards Moderated 0
Alias Born 02/14/2009

Re: navycmdr post# 754476

Saturday, 05/06/2023 11:27:53 AM

Saturday, May 06, 2023 11:27:53 AM

Post# of 867111
you're really failing to undestand...

in 2019 the government changed course to recap and release. jps by the government's own documents have to be dealt with in this outcome, you probably aren't aware that the news yesterday that drove the jps up was because the official who is getting promoted talked with jps about converting with spspa conversion...

commons in that scenario are never going to get more than $1. the risk reward with friday's news hugely favors jps over commons, as if it didn't already.

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

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FNMA News