Fannie Mae-No Politics (FNMA)

[Sogo]

How’s Ackman’s old $25 prediction doing? That was his post c-ship estimate, remember? Or close to it.

Has anyone done a baseline comparison to show what $1k invested in the S&P would be worth today?

F&F holders certainly will demand at least an equivalent return before selling, wouldn’t you think? Especially given all the risk since then!

Wanna benchmark it to something safer than the S&P? Fine. But either way, I think for most F&F shareholders, we’re looking at a high target before selling if C-ship ever ends.