Replies to post #442966 on Fannie Mae (FNMA)

[LongWoolyWilly]

Because idiots don't know they have a good thing till they have lost it.

[BaGr]

Been noticing this for a while. Seems the trend for commons and preferred started on the 8th.

[Latergater]

A few guesses


- Court cases are going no where and being dismissed left and right

- With a deal maker in the Oval Office, there is no way he does not exercise the warrants to pay for other projects such as infrastructure.

- All the outspoken GSE critics in the senate do not want to see the GSEs prosper let alone shareholders

- Quite clear that the average joe plan is a complete joke and waste of time

- Pfd offer more security than common and have similar upside, especially with recent article stating ~98% dilution, so I would imagine people selling come common to hedge with pfd.

- End of the year tax selling