For anyone who missed it our friend Barron said, “Treasury states that the GSE warrants only purpose was to suppress the common stock price.” The below link is the discovery provided by Barron.
Apparently, the government is the culprit holding the stock price down.
Rodney5 Re: None Thursday, 08/22/2024 7:39:28 AM Instead of speculating how Treasury will use the warrants and what their purpose was, posters should read and understand what the Government Officials actually said and discussed in their own words detailing what the purpose of the warrants were.
Quote: "Mr. Werfel then explained that it is important to understand the government’s intention. The intention was not to eliminate the ownership interests but to prevent current shareholder speculation resulting in speculators taking advantage of government intervention at the expense of others. Driving the stock market value to zero prevents this manipulation from happening. " End of Quote page 24
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