Saturday, January 20, 2024 12:41:19 AM
You're taking my words out of context. It was not a blanket statement for all of humanity ever, just this board.
This board is for the discussion of the merits of investing in the common and junior preferred shares of Fannie Mae and Freddie Mac. Not general discussion about whatever strikes a poster's fancy. iHub's TOS prohibits off topic posts for a reason.
It should be blindingly obvious by now that what any of us thinks should happen has no bearing at all on what actually will happen. Talk of "FnF never needed the bailout!" and "Treasury should write the seniors down!" and "Treasury should cancel the warrants!" and "the companies should be returned to existing common shareholders!" is mental masturbation and does nothing to give any logical or numerical reason to invest or not invest in any series of shares, let alone at what price it would be prudent to do so.
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