Replies to post #548136 on Fannie Mae-No Politics (FNMA)

[Lightningvinny1]

People are exhausted,, beaten down, and gun shy to say the least! IMO, when we go from $2 to $10 plus in a nanosecond ,, Mnooch and MC will just shrug their shoulders and say,, “we have been hinting this would happen,, it’s not our fault you didn’t buy more”
Easy for them to say,, I’m fully vested and could lose everything if this thing goes bad!

[Naples19]

because soon or later common will be diluted, I’m guessing by 5 or more

[kthomp19]

So why are we trading at around 2 bucks, if the worst outcome is 10 per share?

Obviously, the worst outcome projected by the market as a whole must be lower than the current price. My framework, with certain sets of plausible assumptions, leads to scenarios where the commons go to $0.69 or $1.40.

I have found that estimates of $10 as a floor, along with many others, lack rigor and should be discounted, both literally and figuratively.