Replies to post #846024 on Fannie Mae-No Politics (FNMA)

[bradford86]

"126,545 shares @ average price of $7.21 per share"

i think you'll be fine. unless they convert spspa at LP; but you might just end up where you started; idk; as part of this restructuring;



ignoring conversion price, 10x is $2.39 of intrinsic value, 12x is $8.39.

historical and comps are 10x