Replies to post #676508 on Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

With a favorable SCOTUS, Commons still go up, Commons still get dividends, and we all live happily ever after ... the end

[EternalPatience]

Even if it goes to 10 (lets say the least optimistic price of various possibilities)... thats 4 times the current price and same as what a preferred would get.. 4 times today's price..(Lets play along their games and nod with them - aahan, aahan)

If you were an investor from the 0.29 cents days... then your profits are 100 fold....


Again, this is with the least of the least value one can say for immediate days ahead...

The resident troll will say the least possible value is 2 $ with 500 billion share dilution.. He will even say, they will take Aapl shares and dilute it into FNMA because, that increases the share count to Trillion. But thats just for hysteria on the board...

[Louie_Louie]

I think that since they never wiped out commons or jps, never did any official bankruptcy....to go to a utility model, if the government is hell bent on running it to socialize housing, they would have to buy out current commons and jps.

I dont think the government has anyway to cancel the commons or jps especially with their BS conservatorship story and all the current litigation.

As they say: if you want a problem to go away, throw enough money at it, and it will. So, the government would need to negotiate a price for all holders to make the law suits and shareholders to disapear.

If they do not handle things right, they'll never be able to make a utility work. They'll probably hand off the urility business to a few of the banks but then have fhfa dictating their socialized business models, so probably lousy interest/dividends for any investors.

If they offered us a trade for shares in the new utility, Id be dead sent against it.