Fannie Mae-No Politics (FNMA)

[kthomp19]

You aren't going to convince the common holders on this FNMA common board that they invested wrong.

Of course not. Why would I want to do that anyway?

I post for the benefit of readers who have either privately or publicly thanked me for my posts, plus any lurkers who would appreciate a reasoned and detailed analysis of the merits of investing in FnF juniors or commons.

Maybe discuss the JPS on the JPS board?

Oh come on, not this bullshit again. This is the "JPS board". And the common board. Over 95% of the posts on iHub regarding FnF are on this board. Trying to separate "common posts" and "JPS posts" or "common board" and "JPS board" is a fool's errand.

Likewise, you tell people they should file their own lawsuits, knowing that is not something they will do.

I tell people they should file lawsuits if they don't want to be exposed as hypocrites/armchair QBs. There is a choice there.

It's just a way for you to try to end the argument - Kthomp is right because even if you have an interesting discussion point, unless you file a lawsuit, your point is invalid....

That is a gross mischaracterization. My first signature line is designed to point out both the hypocrisy and uselessness of continued legal theories that the espouser has no intention of ever bringing to court. It should be obvious by now that just about everyone else on here ignores that part of my signature anyway. I can't understand why you are so hung up on it.

Maybe it is, maybe it isn't, but they should be allowed to express their opinion the same as you.

When did I say people shouldn't be allowed to express their opinions? People are free to post their opinions, and I am free to highlight the holes in their reasoning. You act like I am trying to suppress on-topic conversation here, but I'm not.

Go ahead and think you have the moral high ground.

An absurd and baseless accusation. The ones who think they have the moral high ground are those who constantly use moralizing terms like "theft", "fairness", "government overreach". If you're going to lecture people about the moral high ground you have a long ways to go on the list before getting to me.

I'm not going to ignore you, but I am going to limit my responses to when I think I have something of value to contribute.

It would be nice to get the topic back to Fannie Mae and its shares rather than continuing to just post about me and my first signature line. That certainly is getting tiring.

And I guess I will never get your probability estimate of Treasury writing off vs converting the seniors then, let alone an expected value breakdown of your future common share price. Oh well. I was really hoping a common shareholder could post a detailed breakdown of different scenarios including the final common share count in each one, and you have been one of the more reasonable ones I have corresponded with.