Replies to post #620943 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

look, I hold 100K common (50K from 8/08) and really want this to work out ... but what facts are you aware of that suggest the warrants won't be exercised and the gov't isn't out to screw us? ... my pessimistic opinion is based on known facts (suggested capital requirement, continued fighting against our law suits, dismissal of wash fed suit, possible one year delay for SCOTUS Collins decision, failure to release hidden docs, etc.) ... I DO believe FnF are LIKELY to be released, eventually, but I have ALWAYS said that outcome may also lead to massive dilution ... the dilution you mentioned suggests the warrants are not exercised ... but, sadly, the warrants maybe the ONLY thing that tempers ADDITIONAL dilution by the gov't ... though even that's not reassuring as they gov't may not give a hoot about additional dilution if they get to keep the NWS on top of their f'ing 80% windfall ... so, any facts you care to share?

Triple in if/when dilution occurs!

[RumplePigSkin]

shadow - If I were you and felt the way you feel, I'd sell and move on. You obviously don't see any potential upside to this investment so it would be considered insanity to continue to hold the investment.

Best advice I can give is sell and move on. But for those who believe FnF are significantly closer to the end than the beginning, we will continue to hold and buy more.

GL to you on your future investments.