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Re: real777mellon post# 782934

Sunday, 01/21/2024 9:00:11 AM

Sunday, January 21, 2024 9:00:11 AM

Post# of 796156
I tend to agree on outcome. I remain an owner of junior preferred only though.

I think the ceo of fannie mae talking pro exit conservatorship is practically a firable offense if the biden admin was not okay with it. Same goes for sandra thompson who talked recap at the Thursday fireside chat.

Anyway — i own jps because of the spspa and my estimate of valuations.

Jps have the anti dilution protection that i need to sleep well at night. May want to check them out. Multi year lows but 52 wk highs. Zoom

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.