Replies to post #756262 on Fannie Mae-No Politics (FNMA)

[Ace Trader]

Hence why FMCCI has a floating rate! At 6 to 6.25% interest rate now max can be 9% and current price $2.30 it’s a great trade. Mind you so is commons if they are not diluted

[CatBirdSeat]

JPS holders will not get $25 or $50 a share call. USG is pissed off at the suing hedge funds and will give what they deserve…,a marine style hair cut! Ouch!

[bradford86]

Not really. It isnt jps va common fighting. It is kind hearted capital structure aware folks trying to help out people who understand the wrong that has occured here but seem unable to fully appreciate the ever increasing spspa liquidation preference and the weight it carries and weighs heading into an eventual restructuring and how many common shares it will convert into and what that means for people who are unfamiliar with how to value equities based on share counts and earnings multiples.