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TRCPA

07/16/20 8:46 PM

#621194 RE: JosephS #621187

Also difficult when you dont know how SCOTUS will rule in perhaps 11 months. And equally difficult to predict what the economy will look like then, although I suspect we will have a resolution to covid by then, going into spring/summer 2021 housing season.

But then we also have this thing called an election which as it currently stands, will make Mnuchin/Calabria a moot point.

I think these combination of facts.....coupled with the times we are living in.....are putting FNMA/FMCC/FNMAS/FNMAG, et al, currently on the market's back burner.

So......it becomes a matter of who can beat predict the future, at this point.
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Donotunderstand

07/17/20 9:20 AM

#621231 RE: JosephS #621187

9.2B

final

warrants sold to FNMA and extinguished

SPS dead

8B new shares at 10 bucks a share for a total capital shares of 9.2B

sorry if that was not clear

why would they need more ?

that IMO is plenty to exit C ship

if you want - make it 10B shares at 10 dollars as they could easily raise that based on earnings - so 9.2 to 11.2 shares - the larger number with a company sitting on 20B more cash - capital - book value