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jeddiemack

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jeddiemack

Re: kingu1ysnmbr1 post# 201227

Wednesday, 04/02/2014 2:39:35 PM

Wednesday, April 02, 2014 2:39:35 PM

Post# of 801333
Well ... she makes a point ...

No doubt...

But also the original excess reserves were so far over the top that they jumped right off the page.

Once this settles back down...

Recurring Net income of $20B appears sustainable...

That's around $18 a share.... DO that math.

And even if Fannie shrinks some ... due to competition, etc....

Net of $10B is still $9 a share.

$9 times 12 or so... gives you at least $110 a share .... MINIMUM...

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