Replies to post #771753 on Fannie Mae-No Politics (FNMA)

[LuLeVan]

When Lamberth issues the final judgment, JPS and Freddie shareholders will have their first payday in 15 years.

If the plaintiffs appeal, even the original $1.6 billion (+ interest) could be paid.

For FMCKJ (which fell the most the day after the NWS announcement), FnF could ultimately pay out more in damages than you would realize now by selling FMCKJ at the current market price. And you will still own FMCKJ after that.

Selling now is stupid.

Had it not been for this false optimism spread by the likes of Skateboard, i would have sold a bunch too.