If there is any kind of stock swap for the MAGA IPO it will be for preferred (FNMA) holders only. That's obviously already been decided. Commons are just that common and will be the first to be cancelled. The man in charge is a preferred type . First class .Never been a common. Brand new MAGA shares swap will be available only to the first class preferred holders on record .The steerage or third class commons can expect to pay full IPO price like everyone else if they can afford it .
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