InvestorsHub Logo

LuLeVan

11/27/23 4:29 AM

#775905 RE: Wise Man #775903

If you want to fight windmills, like your secondary ID Sancho Panza, it's a good idea to wait until the storm dies down, because the windmills will turn more slowly.

That's the theory. In the case of FnF, the storm is the conservatorship. Upon recap/release, when the storm dies down, the legacy commons (and their holders) won't spin anymore, because they will be replaced by new commons with tickers FNM (Fannie) and FMC (Freddie).

You'll be standing in the field with your lance and you won't know where to throw it. Nobody will even want to negotiate with you. If you were Japanese, it would be the time to turn the deadly weapon on yourself.