Replies to post #746930 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

that - which is unlikely but possible - is scary

but what is to stop the GOV from moving forward with a forced conversion to $25 of common per market price for a $25 PAR JPS -- and then including those once JPS shares in the same massacre

I ask because - bluntly - logical law has been misread and twisted under the NOTION that HERA has blessed some outrageous and in our opinion - all of us including you -- illegal acts

what is to stop the GOV from doing one more illegal thing and then fighting it - maybe to victory - over the NEXT 5 years.

All said by one who owns JPS and common with a heavy lean to JPS as a speculation on a possible 10x ride in say 2 years --- but most likely status quo until my great grandchildren

[Freddie bagholder]

I don't think I am wrong. What you describe IF it happens won't happen in a day. Commons rocket on day 1.

[Wise Man]

The Govt theft story has been debunked a thousand times.
Primarily, it wasn't a true dividend. The Certificate states "out of funds legally available", and there were none (deficit in the Retained Earnings account)
Etc.
The Separate Account plan, FHLBanks-style.

[NeoSunTzu]

Let's get some perspective here: Walmart, Exxon, Apple, FaceBook (Meta), and Amazon are some of the largest publicly held companies on the planet and NONE of them have anywhere near the number of outstanding shares you are contemplating in your scenarios ... the two largest of that group at the end of 2022 are Apple (16.2 billion shares) and Amazon (10.2 billion shares). Exxon had less than 5 billion while Walmart and Facebook had less than 3 billion each. And for good measure Tesla had 3.471 billion shares outstanding at the end of 2022.