Replies to post #596251 on Fannie Mae-No Politics (FNMA)

[camaro4me]

Yes, they can!

Good point. As a reminder, USPS is also public as well. Anyone can write to the SEC and get their own letter back on the warrants if they so choose.

[kthomp19]

Anyone can write to the SEC and get their own letter back on the warrants if they so choose.

It will be rather amusing when Treasury cancels the warrants, but converts the seniors to common and the commons end up under $1 anyway.

The warrants are the common shareholders' best friend, as they represent the only reason for anyone in charge to care about keeping the common stock price high. Everyone else either doesn't care or wants it low.

[trunkmonk]

Warrants are the only thing Ps are clinging too. They will never be exercised for so many reasons. They mean nothing and are the main reason this is under 5 bucks.