Replies to post #658270 on Fannie Mae-No Politics (FNMA)

[Potty]

I would expect JPS sell-off to accelerate today... we shall see

Next Tuesday I expect a rout to start or be ongoing

But I am not invested (obviously!) but I will sniff around when we hit the $5's and 20% par -- tho I think maybe might get illiquid issues way, way lower

I will think hard about taking a gamblers stake below 20% par on JPS and a SCOTUS hail mary...