Replies to post #838548 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Fannie 1.1B shares Freddie 600M shares NVDA 24B shares MSFT 8B shares

[Stockman1010101]

According to schwab.com I have an account with them the
FNMA market capitalization = $11.56 Billion. at $9.985/shr = 1.16 Billion FNMA shares in the market trading
FMCC market capitalization = $5.187B at $7.98/shr = 0.650 Billion FMCC shares in the market trading.
(FNMA + FMCC) Combined its = 1.8 Billion shares in the market trading.
$500 Billion (new market cap) / 1.8 Billion shares = $278/shr price target. WOWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW!!!!!!

Correction: New shares total in both FNMA + FMCC = (5 x 1.8 Billion) 9 Billion, If they sell only 15% of the new shares by exorcising 15% of the warrants = 9 Billion - 1.8 Billion (in market now) = 7.2 Billion shares => 15% of 7.2 Billion shares = 1.08 Billion shares will be added to the new float = (1.8 + 1.08) 2.88 Billion shares will be in the market after IPO is done.

$500 Billion (new market cap) / 2.88 Billion shares = $174/shr price target. STILL WOWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW!!!!!!

[jog49]

" Schwab is telling me there are 1.8 billion Fannie shares."

Schwab should be telling you there are 1.158B shares of Fannie Mae, if memory serves me correctly. Combining FMCC, you have about 1.8 total shares of the GSEs.