Fannie Mae-No Politics (FNMA)

[trunkmonk]

News, do you mean opinions and discussions? everything is still leaning commons way. it should head to 4+ the rest of the year, with more bumps in the road. Barring more senile stacking, dilution, receivership, or other ridiculous talk of IPO after dilution solutions that chase investors away from C to P. all the dilution talk is designed to drive commons down, then do conversion, then somehow drive the price way up, through a broker on another exchange, after greedy preferred > 25:1 P to C dilution.

thats it, tell everyone its worth 5c, and P is worth Par, so everyone buys preferred, then gets to convert to commons by the billions, then somehow smart money says, wow those Ps really know value when they see it, we will pay 25$/common share now that there are billions of shares out in the float...... bizzarro world, but current level of investing has degenerated for the last decade so anything is possible if you keep saying the same thing over and over suckers will come. tell them 100 billion was not stolen, pay no attention to the dilution solution, we pushed with warrants and we are sticking to it.
too bad all of that can be solved with a real Treasury secretary directing the FHFA brainless wonders. think Trump, or Biden has a moment, that will give him a jump before elections for all the retirement funds that were laid to waste with illegal shenanigans.