InvestorsHub Logo
Followers 270
Posts 8037
Boards Moderated 0
Alias Born 02/14/2009

Re: Forrest Gump Luck post# 760817

Monday, 07/31/2023 1:25:30 PM

Monday, July 31, 2023 1:25:30 PM

Post# of 797180
This litigation has been fruitless but I have not been wrong about their being no alternative. Fannie and freddie are retaining earnings and will eventually exit conservatorship and jps shares have anti dilution protection so they will survive the onslaught of spspa conversion shares that functionally put any hope in there being meaningful upside to common shares to bed. Good night

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