I have told you before why, in my opinion, Ackman advocated the exercise of warrants: he wanted to acquire them from the government at a low price. Also (YanksGhost), as long as the warrants remain outstanding, Ackman can acquire upto 20% of the common outstanding shares without having to file any reports. If Ackman comes to this board and advocates exercise of the warrants, he's definitely getting a 💩 from me.
I'll be well on my way to becoming a billionaire if the government does the right thing and ends the fraudulent conservatorship, writes down the SPS, refunds the swindled funds and cancels the warrants. Ackman knows how to read balance sheets. So do I. I know that if Treasury "INVESTS $193 BILLION EQUITY" and then takes $301 billion out of the corporations, Treasury's equity in the corporations no longer exists. What do do think Net Worth Sweep means? It already took away it's equity in the corporations. And much, much more.