Replies to post #518929 on Fannie Mae-No Politics (FNMA)

[car123]

Ackman added 5M in Common. You know he keeps Common at 110M level for a very very long time.

Smart money are converting from Jp

[bcde]

"It's interesting to see so many Preferred additions in the major funds that hold GSE shares. It obviously doesn't bode well for those 100% allocated to Commons.

They're probably following Ackman in their belief that the Recapitalization of the GSEs may favor Jr. Preferreds over Commons.

It ain't easy being at the bottom of the totem pole after all. "

CC,

You are misinterpreting these new purchases by many investment funds.

With new positive developments happening at WH, UST and FHFA, all investment funds may be looking to buy both CS and JPS. But you are only looking at JPs buying.

[Brooge warrants cancelled]

maybe, but it def aint easy running around miami beach with that beard