Value Microcaps Zip Code Changers

[littlefish]

Researcher, FNMA- yep with the momentum it has to the downside it could go under a buck but think at that area the bonds start supporitng the price again.
Still a tough call with figuring out how things will work out. I may buy back a few shares if it heads to the low $1s (like maybe $1.1s or $1.2s). All the skeptics have good reasoning but U can make some very logical arguments why the companies are potentially worth more to everyone by paying back what they owe and winding down the biz while retaining some of that worth for investors.

I am a bit worried being long if the govt just creates a new agency to do basically the same thing FNMA/FMCC did because then the private sector doesn't weigh in and the GSEs could basically 'disappear' (or more correctly morph into new shape where FNMA and FMCC as companies go extinct and a new name/govt run entity does basically the same thing with a few caveats).

I don't quite understand how it is a win win for citizens to create a new govt backed agency to play a similar role even giving explicit guarantees to lenders but then that's govt I guess. Lenders will probably once again be happy. Taxpayers probably not so much....