Replies to post #772063 on Fannie Mae-No Politics (FNMA)

[PennMilitia]

It’s called Brads dreamland world

That’s how he comes up with this fantasy stuff.

[trunkmonk]

The price of any preferred is irrelevant, they are a debt instrument that supposed to collect interest/dividends than other investment options with no collateral.
In reality in every sense other than the minds of receivership sand men, who are not getting any of it, devise a fantasy that creates some kind of value.
Right now no one should be buying preferred, unless they believe in the shell game.

[kthomp19]

Are you saying the markets wrong?

Yes. If I thought the market was right, I wouldn't own the juniors. Or anything else for that matter. Buying names that one thinks are undervalued is the very essence of stock picking.

If you think the market is right about everything just buy some SPY and some bonds and close your eyes.

The JPS CAN be kept in the price range they are, indefinitely, even after release, if the government makes dividends taboo for years after release.

If that happens then the commons stay well under $1 because they won't get any dividends either.

They either do the right thing and put us back as before, or they steal oblivious and blind to weakening two companies the economy can not afford to tank because of governments overly thieving greed.

Stepping up your logical fallacy game, I see. Now you have graduated to the false choice fallacy.

The government is under no obligation to do what is, in your opinion, "the right thing".