Replies to post #704695 on Fannie Mae-No Politics (FNMA)

[CatBirdSeat]

Because those that dumped finally figured out that their shares will be cancelled.

[navycmdr]

sensible - the "only" benefit to owning P's is in a BK

P's get paid w remaining assets "before" common

the suspended dividends that the P's lost are "not cumulative"

the P's selling today are just harvesting losses to BUY back

in 30 days-not expecting anything to take place for at least 30 days

next event Jan 19th - the 5th Circuit Oral Arguments

[Brooge warrants cancelled]

my only answer is end of year taxes, them temp is nominated so nothing happening till next year