Replies to post #365356 on Fannie Mae-No Politics (FNMA)

[Patswil]

Very good chess---IMHO the P/E should be more like 17--which will be a multiplier

[SweepsMcGee]

IF the warrants end up getting exercised, wouldn't that result in common stock dilution which would most likely drop the PPS? I'm sure the dip would be short-lived, but I wanted to make sure I'm interpreting this worst-case scenario correctly.