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Friday, November 15, 2013 11:29:26 AM
Just want to know what others think...and please give a viable reasoning for your thoughts.
Would you consider that the COMMON shares have an intrinsic value greater than the junior prfs. in the long run...assuming the hedges are able to buy out FnF and move forward as newco's.
the juniors FNMAS have a stated max value of $25 pps...though they CAN go above that value...not really a reason for that to happen.
The commons have no set max value...but are more susceptible to price /value fluctuations based on what happens with the proposed buyout.
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