Replies to post #724598 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

This is OTC though...far different world. Stocks on this exchange have gone from pennies to dollar multiples in hours, overnight, and then listed to the big boards PDQ. The GSE's should never have been listed here,,and I'm sure its making things extra difficult for any release, cap raise or anything else. They wanted us in purgatory, and they got their wish, only problem is everything the government has as finacial backing from the GSE'S (79.9% of warrants and seniors) is tied to all of our 19.1% commons and JPS. It's stated in the law which they wrote.