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Post# of 794761
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mikar

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mikar

Re: qwertytrader post# 28870

Friday, 05/10/2013 10:13:42 PM

Friday, May 10, 2013 10:13:42 PM

Post# of 794761
What's holding this back is the Gov't has a warrant to purchase 80% of the common stock for .000001.
They can exercise that warrant at any time. Essentially the common shares are worthless. The smart money has been going into the preferreds.
Unlikely as it is the Gov't will exercise, that warrant exists. And it's a big cloud over FNMA.
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