Replies to post #794682 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

Ahaaa!!! Now we know why you don't own commons

[FOFreddie]

Correct the CBO report which assumes the warrants to be exercised had an implied value of approximately $ 110 bn. This valuation needs to be updated for the amount of retained earnings which have trended significantly higher than the CBO assumptions. The CBO report also assumed the SPSA would be written down at least partially. Some people believe that the warrants will be written down and the SPSA will be written down for good reasons. Lets wish the best for all shareholders - great news about the JPS trading well. Are you still expecting a JB event by the end of June?

[PennMilitia]

Fnmas is a contract no conversion gonna happen

First off why don’t you understand this after all your time spent here and secondly why do you so desperately want a conversion ?