@MRJ: selling the warrants back sounds good but it’s not rooted in reality.
Fannie/Freddie cutting a giant check to Treasury right now would: • Nuke their capital • Blow the NYSE uplist • Trigger new capital raises • Add YEARS to release
That’s literally the slowest path possible.
Ackman just laid out the ONLY path that gets this thing moving now: SPS = treated as PAID Treasury EXERCISES the warrants (costs the GSEs $0) NYSE uplist Spreads stay calm Trump/Treasury get a fat payday instantly 3-year clock starts to exit conservatorship
You want speed? You want F2 FREE?
Then WE want THIS. Warrant buyback = fantasy football. Exercising = game on.
Commons win when the process MOVES, not when we invent delays.
Best time to up list will be Monday after Thanks giving. Stock will stop trading/halted after trading on Wednesday and re open on Monday. They will have the public feedback from IHUB. It will close at new high by Wednesday. All in my opinion.
Anyone, I know that Ackman didn't present this one .... What about $80 - $85 Billion that Fannie & Freddie won in the court cause against TBTF banks ? Thanks