Fannie Mae-No Politics (FNMA)

[trunkmonk]

the warrants, if exercised, would be a political move, how any simpleton puts a price on the conversion is baffling. If they release and convert to commons, they will get nothing when they sell at $1. aint no one gonna pay more if they dont trust the governments dilution solution. it only makes sense for politicians to maximize the value of commons so when they convert they can sell into market at best price possible. they have been trying to figure out how to destroy commons for 15 years, because of hate and vengeance when they are much better off selling at best price, and making secondary offerings that will fill the equity requirements without breaking a sweat. only hate filled Preferred receivership brainless thinking cant wrap around this simple concept of maximizing your investment returns. if i owned 80% of anything i would want to sell that 80% at the highest price i possibly could.