Fannie Mae-No Politics (FNMA)

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Always enjoy reading your thoughts....sound and rational.

Musings by Whale"...........

FNMA earnings are a NON catalyst for stock....those who think were Gonna get a bounce are mistaken.
Court decisions are what will move the stock.
Don't pay any attention to what brokerages are saying as to when FNMA will report earnings...they are guesses.
Watch very carefully what Acky says at his upcoming investor conference on Feb 12...or what he doesn't say.
Both Berko & Acky are working the body politic very hard behind scenes...Berko has seen his stake double to A Billy.
Wind down narrative has been kicked to curb, now looking at tweaking existing structure.
The gubmint will argue they had to do net sweep to ensure payback of $187 billy, but will be ordered by court to stop
PPS of $10 will be seen by September.