Replies to post #669507 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

I hold both commons and jps. If something happens to jps, commons will be in trouble too. At present, my jps FNMAM is trading at $8.4 with face value of $50. If I convert them to commons, it will be like 1 to 4.5. If commons raise to $10, I estimate that my jps will go up to $35. If there’s a conversion, the conversion rate will be like 1 to 4 supposing commons will be at $12.5. Anyway, commons and jps are in the same boat. Don’t waste energy in complaining each other. We need SCOTUS to rule in our favour before June. The sooner the better. GLTA.