Replies to post #787922 on Fannie Mae-No Politics (FNMA)

[Lite]

My favorite post. Hope springs eternal!

[nagoya1]

Everytime I see those numbers, it puts a smile to my GSE owned shares. Contrary to dumbazz crashboarder’s manipulative BS, I’ll continue to add to my lot.
If it hits triple digits, I will plan my poo in a bag delivery to the fanniehate hq. Can wheels spin in poo?
Fnma

[detearing]

Ackman holds just under 10% of the outstanding shares of both these businesses - 115.57M shares of FNMA at a cost-basis of $2.29 and 63.5M shares of FMCC at a cost-basis of $2.14. The combined investment outlay was ~$400M. FNMA currently trades at ~$1.455 per share. FMCC currently trades at ~$1.172 per share. Remember he won big on GGWPQ...

$325 x 115.57M = 37.56B FNMA
$325 x 63.5 = 20.64B FMCC

TOTAL ACKMAN $58.2B

Yet...Mr Arnault remains the world's wealthiest person after his net worth surged to $201 billion. Mr Bezos is snapping at his heels in second place with $198 billion to his name and Mr Musk remains in third with $189 billion.

JesuschristiscomeinDAflesh