Replies to post #757326 on Fannie Mae-No Politics (FNMA)

[5bagger]

already acknowledged that not only did he buy the juniors because "it hedges our risk of a
restructuring that disproportionately benefits the preferred versus the common shares"

Ackman loses and wins. He made money and he's lost.

Hedge is the game. All common? Maybe follow and have some (cheap) JPS