Fannie Mae-No Politics (FNMA)

[Patswil]

The equation to perform PPS calculations is net income minus preferred dividends divided by number of common shares outstanding

*The value of a share = $ 3.14T/1.2B = $ 2616.66666667

*some poster on Yahoo says PPS should be $ 2616.66666667

Where does this guy come up with 3.14T?

It's more like $40bill/1.2B=$33.33

Those one time DTA's can't be considered IMO