Replies to post #762 on Hacktheripper.com

[Hacktheripper]

These guys were fighting against each other on many stocks. Now Ichan has joined Ackman in lawsuit against US Government regarding shareholders ownership and past dividend payments for FNMA. If they win (which I would not think Ichan would join a long time foe of his Ackman) they win BIG $$$ goes to shareholders. So with this announcement of 51M purchase, big money will follow big money IMHO.

http://www.fool.com/investing/general/2014/02/26/1-billionaire-tells-us-why-he-owns-nearly-10-of-fa.aspx

http://www.desertsun.com/story/money/industries/morrisbeschlosseconomics/2014/06/02/fannie-mae-and-freddie-macs-turnaround-success-reflects-tightened-mortgage-credit/9880211/

If they win FNMA will be a 23.00 - 47.00 stock overnight.

Google Fairholme Funds v. United States of America

[Hacktheripper]

Here comes the shake on FNMA