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Commons_Cancelled

07/29/20 5:28 PM

#623362 RE: PennMilitia #623357

So if FNMA announces a Reverse Split, we should all sell and wait to buy back lower since you think a R/S would be detrimental to FNMA's price?

I think the decision will be up to the FHFA and Financial Advisors. If they think that's what needs to be done, then I'm sure they'll do it.

Without a R/S, how can we hold the price above $4 for long enough to up-list?

I see a R/S as the only way for FNMA to up-list any time soon since it can't hold its gains.

You're starting to scare me about Reverse Splits. I might need to re-think my 0.1% position in Commons.

kthomp19

07/29/20 11:17 PM

#623439 RE: PennMilitia #623357

Besides that major drawback the GOVT is
not going to want a R/S either.



Why not?

Treasury trying to maximize the value of the warrants is incorrect, by the way. If Treasury wants the most money they will monetize the seniors (which a court cannot force them to give up).

It’s a dead
subject not gonna happen.



Denial with no reasoning is indistinguishable from wishful thinking.