Replies to post #683774 on Fannie Mae-No Politics (FNMA)

[jog49]

"A win leads to $50 plus, 18 is crap.."

Completely unencumbered, Fannie and Freddie both are probably $200+ stocks.
Yeah, $50 OR 25% of unencumbered price could be reasonable with a favorable SCOTUS opinion. However, what SCOTUS is considering is just a battle, not the war. Until the conservatorships end, the war has not been won.

[Commons_Cancelled]

I wouldn't expect more than $4, and would be ecstatic with anything over $5.

FNMA won't see double-digits without a Reverse Split. Unless the Warrants somehow disappear (<5% chance of that). But we all know that's not going to happen :-(

We should all be happy with another double from here since that's all that's likely to happen in the next 2-3 years.

It's Coming Amigos!!