Fannie Mae-No Politics (FNMA)

[Louie_Louie]

That makes zero sense, since volatility would be in an upward direction, which means stock price appreciation, which means more capital. Why would they prevent capital?

You mean you're hoping they stop trading so they can announce a JPS conversion so the JPS can benefit from the price increase. The truth is, they still think hedge funds are far to leveraged in the JPS classes, and they will not do anything to benefit them. The government, if smart, will let the market work and not interfere. They announce a minimum capital level and all the JPS hopes are bust, except a future dividend and the hope they increase in price along with commons. But as I said before, the value in JPS being tied to a firm dividend will drag on the price of JPS. I own 10k FNMAS, and I only have for this jury verdict and then a dividend. My shares came at $1.60, if that class gets a $1 payout, then I've only paid 0.60/share, with the potential for a dividend and/or appreciation in price. I did not buy for fantasies, but rational logical reasons. I own 260k split between FNMA and FMCC, because the mareket will chase those shares faster and higher at release, of course, depending much on what gets announced.