Replies to post #635892 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Top reasons FNMA is being held at $2:

1. Because there's too much uncertainty over the final share count of Commons
2. Because Commons will be heavily diluted in practically every scenario imaginable
3. Because Treasury may decide to implement the Sr. Preferred Cramdown Plan crushing Commons to sub-$0.50
4. Because even a positive SCOTUS ruling might not benefit Commons much

The list goes on, but those are the primary reasons.

[Stern is Bald]

100k+ shares here...
Long because Calabria wants them out and they cannot void the commoons as no new $$ would invest here if they tried...
I am not even taking into account the court rulings coming to light recently against the gov't and the shady backroom dealings done to the GSEs to siphon their $$ for pet projects..