Replies to post #410621 on Fannie Mae-No Politics (FNMA)

[tcj]

Hahahaha........this is fun!

[rekcusdo]

Very true.

The truth is that the variables are so many that we don't know what the price will be.

We could end up anywhere between zero dollars and $80 depending on what happens.

Preferred's are a little more limited. They could end up anywhere between zero dollars and $60.

[imtheshadow]

Raising $100B with 5B shares assumes a pps of $20/sh. for companies trading at $2/sh. Not impossible, but we need to know a lot more about the corporate structure/governance (e.g., will they be utilities?)