Fannie Mae-No Politics (FNMA)

[Donotunderstand]

agree

and - with my "type of mind" (that sees the GRAY in many - most situations and contract wording ) I may never fully understand with certainty

I still do not understand why you used the word borrow which then directly leads to interest etc.

Keep in mind - I own a fair amount (in shares) of common and JPS - FNMA and FMCC - and from where I sit the main problem to a higher PPS (a big jump) is the 200B overhang (not 4B more shares or such).

That 200B (fair or not) seems to be a serious and massive threat to the value of any future PPS of current FNMA common AND JPS shares. IMO, once that is removed - even with some Warrants dilution - we jumped say 5X that day even if we do not know the exact nature of the future F and F or FF. At that point - at say 10 a share we can decide (individually) if we want to stay for the 100% new company we own (and maybe $20 or $30 or ?) --- given at that point we should have a clear knowledge we own 20% or 40% or whatever of FNMA not to be further diluted beyond beating us up from 100% to 20% or 40% or ?)