Replies to post #405329 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Thank you

I assume you mean a tax rate of 15% (not a change of 15% but a change to 15%)?

Readers here - due to your work - finding the right documents and doing the analysis -- can now see how important for F and F - for us long F and F - to not believe a 15% rate is coming

That is why I suggest for consideration the current move up in PPS may be "players" now disregarding such a low rate of taxation and plugging in 25% in their risk reward modeling

If and when 15% is likely - preferreds will stay level and common will drop 20-25% from says the PPS today

[hnstabe]

Do I read the balance sheet right? stockholder equity for preferred is about $34/share and about 50c/share for commons.

Your opinion scares me. I am all in commons. I am seriously about to hit the trade buttons.

Where do I read guidance on which pfds to buy?