Replies to post #576233 on Fannie Mae-No Politics (FNMA)

[Potty]

Calabria talks and talks and talks...

But it is always “soon” or “1-2 weeks” for actions

[jeddiemack]

Calabrrea is an intersting person. How the heck can they raise $$ while in conservatorship from new equity, when the warrants haven't been canceled, and company restored while being scammed?

Can't happen.

Need resolution of legal matters. Need warrants canceled and need out of or released even if under agreement - captital wise.

Not possible without cleaning up the mess.

[FNMA Today]

It sounds very positive but it seems like the market took a big dump on the stock after the news.

[Donotunderstand]

Agree

If one assumes we get up a head of steam

(and warrants are not exercised)

an extra year delay sucks but reduces the need for dilution with a larger SPO and in the long run is a higher PPS

Bummer for preferred --- which topped at 25 is a pure discount value and the further out the payment the worse the PPS

Still own 50-50