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FFFacts

06/08/20 10:18 PM

#613810 RE: detearing #613809

Maybe Fannie and Freddie should file for bankruptcy so it can go up like all other recent BK cos.

kthomp19

06/08/20 10:28 PM

#613811 RE: detearing #613809

To my knowledge Ackman still holds and I won GGWPQ thanks to him. Won AAMRQ...Now winning HTZ. FNMA certainly has similarities in that all four of these have been or are distressed stocks.



You just have to hope that FnF commons don't become another Valeant long or Herbalife short disaster story. Ackman has a history of huge winners and huge losers. Don't complain if you end up in the latter camp.

FNMA one of biggest money makers on the planet. Holding on the basics...I knkw what they are and for me, I gotta keep it simple. Hold for the Gold.



The "Gold" here is $8 per share, max. There are too many dilutive forces arrayed against the commons to get any more than that.

Calabria's inclusion of a separate CET1 capital standard is a huge tell. It means that the re-IPO will be mostly if not all commons, and that the juniors are highly likely to be offered a conversion.

along4zride

06/08/20 11:09 PM

#613812 RE: detearing #613809

Some like investing in bankrupt companies. Unfortunately once a stock is delisted it has little to no (FNMA) worth .Since the delisting here this one hasn’t recovered in 12 years . The market is currently recovering from a crash from 2 months ago and poor Fannie is getting left in the dust AGAIN !