Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Yes, all shares will hit the NYSE at $50-60 after a 1000x reverse split from 5 cents.

There are plenty of people out there who've come to the same conclusion on their own.

The market prices both JPS and the common as a chance of SPS liq pref going away. Right now the market in all GSEs equity is driven by that one variable. It's a corp structure arb now. The common is very expensive and JPS are very cheap. The base line assumption the market has is…

— West Long Island (@WestLongIsland) June 20, 2024