Replies to post #595275 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

+1 !!!!
Common shareholders have suffered more damage than anyone if you look at price of stock before CONservatorship, plus missed dividends, plus the GSE's profits which directly affect stock price appreciation, AND the money the GSE's had that was for backing their business/loans was also stolen.
Pref's think they are the only ones who matter,,yet companies do not exist on just prefferred shares.

[JosephS]

Well, if you believe the statements below to be true, you had better sell the common. Because it will be worth about the same price as on NWS day.

It's coming amigo(if what you are saying comes to pass somehow...)

John Paulson owns no common.

Thats true for Jr Pref, $20 for FNMAS is too much... in fact $10 now is way way too high too.. $4 or mid 3 shud be the price.
I believe this along with other pref will be cancelled and replace with new series and they will not see the par value until dividend back to normal - when IPO for 100B injection will have to value common higher than any Pref. Common will have voting right and drive the companies direction (its Public companies and Not Preferred companies ! )