Replies to post #496954 on Fannie Mae-No Politics (FNMA)

[robert peebles]

No.....the companies would have to probably authorize and increase in shares authorized first, but, they would do a "secondary offering" of new stock.

The stock is going to gravitate to a price that smart money believes the market valuation makes sense. Then the companies will sell shares to institutional investors at or near that stock price.

The companies will first reapply for NYSE listing,,,and they will be a main stock holding for most all large cap mutual funds.

[HoldenWalker99]

A share buyback on the other hand would do wonders for us

Critically undercapitalized by $150-200 billion and they're going to buy back stock?