Replies to post #777158 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

solid
I do not think JPS have any 100% guarantee
I do think there is enough of a guarantee - implicit and explicit - that a direct JPS YOU are dead is not too likely (though still possible) and do believe if such were to happen - common would not be a place for refuge. Common is the spec for massive gains - potential

I agree the PPS being so low argues - shouts - there is no guarantee. Even using say 7% and 10 years (of waiting) ---- as a NPV (using my Walgreen's calculator at .93 ten times) -- I get about 11 dollars. Anything lower (lets say 7% and 10 years is good guess of market discount) is the further reduction of that 11 dollars for FEAR of ZERO or say a $5 offer

Lastly - I do not think any brokerage - underwriter - AI computer - knows absolutely the magic dollar amount that gets them 2/3. These shares - while low volume - have traded for 15 years. Unless say 80% are held by "institutions - funds - groups" --- that are of the type that must report holdings and cost basis ---- no way to calculate. Educated guesses likely available but far from exact - all IMO

[Ace Trader]

AMEN ! Finely someone said it !

We are at the mercy of whatever they end up doing, and even then, until fully released, meaning the governments grubby little paws are completely out of the companies, period.

Until then be common or JPS we know Shxt about any release or terms. Stay tuned !