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Post# of 798846
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JohnCM

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JohnCM

Re: Slyder009 post# 67579

Friday, 06/14/2013 8:48:30 PM

Friday, June 14, 2013 8:48:30 PM

Post# of 798846
"To understand why this company will never be worth anything, do this math problem for me.

GOV = 169,000,000,000 (how many shares they own)
FNMA = 56,000,000,000 (their profits)

now lets divide the earnings by the shares.

FNMA / GOV = .33 thats the price per share."




Earnings per share and price per share are not the same.

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