Replies to post #17589 on Fannie Mae Preferred S (FNMAS)

[Fanatical Infidel]

Definitely trending towards $2...we haven't had good news in a while.

FNMAS/FNMA ratio is a hair over 6 to 1. That has been fairly consistent over the past year.

If that ratio continues then a $2 FNMAS means .33 FNMA...