Replies to post #620432 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

The Sr. Preferred Cramdown Plan may be our only option come November.

FNMA Commons are worth sub-$0.50 in that scenario.

I imagine the Market will start to price that in more and more as POTUS drops further in the polls.

[navycmdr]

nope ... not at all ... I ONLY BUY shares on RED days

I take some profits when the price gets ahead of itself

I bought Freddie shares today @ $2.14 (not the low $2.12)

GSE Earnings estimates were MORE than Doubled by Instinet

Instinet raised its core earnings per share (EPS)

estimate for Fannie Mae from $0.19 to $0.41 & its EPS

estimate for Freddie Mac from $0.16 to $0.38