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News Focus
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Mr Michael

01/31/24 12:45 PM

#784608 RE: Stern is Bald #784605

Great advice Mr Stern
I continue to add more
As of today


FMCC
FEDERAL HOME LN MTG CORP
867,702

FNMA
FEDERAL NATL MTG ASSN
1,386,508

Thank you for all your help

Michael
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LuLeVan

01/31/24 12:57 PM

#784611 RE: Stern is Bald #784605

"the announcement will be after hours and and you’ll be locked out… "



Being locked out (= holding no commons when the announcement hits) might actually be an advantage. Because the announcement of recap/release - which I agree will certainly come after hours - could send commons down to below 10 cents if FHFA and Treasury decide to get rid of the SPS through an SPS-to-common conversion. No one here can rule that out, and according to KThomp, the probability is as high as 75%.
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Brooge warrants cancelled

01/31/24 9:01 PM

#784671 RE: Stern is Bald #784605

he has over a million shares