Replies to post #372159 on Fannie Mae-No Politics (FNMA)

[tcj]

I agree on $12-$14 when you run the numbers and think a move towards $20 is realistic when various funds come back into the mix with a new listing. I also think that IF the warrants are kept, it makes sense that litigants would push for a higher exercise price and that it directly benefits the gov equity longer term. Problem I see is that almost all the cases haven't challenged the warrants and Ackman even factored them into his plan as though exercised. So you'll really have only one player at the table challenging warrants; and a higher exercise price seems like a plausible meet in the middle solution.

Spot on to with regards to useful content and examining what really matters as a shareholder as opposed to $161 pps, filling gaps, chart formations and all the other useless shit that people post.