Fannie Mae-No Politics (FNMA)

[chenzo11]

This is a very fair question to ask, let me take a stab at it....

What are the chances that the big hedge funds, MM's or whom ever has interest here from the past are jacking this up just to sell their shares at anything they can get from the market now as they may know something we don't know. Is it fair to ask this question?

This would assume that hedge funds were in from prior to the collapse, never got out, and now would settle on a $5.00-$8.00
buyout PPS.

I find that this is not likely

First, why would they be holding the bag? They always have the inside info, and when the banking system was falling apart, they would have been the first to get out.

Second, it appears that the hedge funds are on our side this time. The lawsuits are brought on by the hedge funds this time.

Third, your theory would mean that the hedge funds road this all the down from say $40PS, never sold, held for years at $.20, and now are willing to settle on $5.00 a share. I doubt that. Actually, it is more believable that the hedge funds shorted this all the way down to .20 (they did it to Lehman Bros) and now want to profit on the way up.

I appreciate your caution, it is positive to think all possible scenarios. Good luck to you, and keep throwing things out for discussion. It does help us all.

PS....Dr Merlot was out of line.

GLTY

Chenzo