Replies to post #563203 on Fannie Mae-No Politics (FNMA)

[Digra Ive]

It means the PPS will drop by 1.5 -1.8 times. May be I wrong and may be not, the worth scenario if Govt will exercising 80% of warrants at once ( I believe it will hardly happened) should depress PPS by 5 times low. If I connect all pieces of puzzle including FNMA potential earning of 17B by Q4/2020 we should back to track of current level of PPS at one year term.

[chessmaster315]

Convert your preferred shares to common now!!! Why wait until they go down and are worth just 1.58 to 1.84 shares of commons???

If you convert your preferreds to commons now, you can get a better deal than that.
Converting today (selling FNMAS and buying FNMA) will get you
13.32 divided by 3.91 or 3.4 shares of common for each of your preferred.

Why wait until later when you only will get half that amount or so???

See this post, for my source:

I just wish Preferred Share Holders would shut their mouths about being happy too over dilute the much need strong CS if @stevenmnuchin1 was smart he'd give u your wish& use the date in each filing &say your wish is granted. Or convert it today here's your 1.5 shares now FU*K off pic.twitter.com/wZAvyK1CUl

— ER_Musk (@bulrun100) September 23, 2019