Replies to post #854143 on Fannie Mae-No Politics (FNMA)

[Lionscantwinagame]

Agreed. Ackman stated the three things to take place was SPS deemed repaid as it should be, government exercises warrants, and both are uplisted. A change in the ERCF to something realistic such as 2.5% as well. The government would then sell off its stake over several years. Thats the part he stated would take time and it seems everything is being twisted to make it sound like the entire process would take years. The only thing to take years would be the sell off of the shares the gov gets from warrants. Those three steps he mentioned were something that could be done quickly still meeting the November timeline and would immediately revalue the share price.

[JSmith5]

I would love to see an uplisting tomorrow. It should have been done a long time ago. But, obviously, there are some big questions that need to be answered first. Otherwise, you really have no idea what you are buying. However - I think that somewhere around the end of Q3 next year is totally realistic and, in the context of this conservatorship, is not that far away. Between now and then we should know what the pre offering ERCF is going to be (they better start now on the notice) and their intent concerning the treatment of the seniors and juniors as well as other issues.
The one thing we know is that the midterms are coming in less than a year and the uncertainty of the outcome will help push the process along. We have a lot of pigs at the trough that need to be fed before then - including us. But we clearly and unambiguously need to go through the resolution process before an uplist. If we have to wait another 10 months or so at this point to get our max price - what's the problem?

Nats

[GVInvestments]

Exactly I agree with your great coment.

[PhantomEnchanter891]

It works like this.

Stock purgatory. No one knows if they will sell themselves $300B (SPS + LP) at $2 a share.

Wipeout.

Bloomberg & CBO provide that option. Self-directed. Self-dealing. BK in a box.

Ackman mentions a) lawsuits b) less value to newcomers. Deutsche Bank has some probability assigned.

Now, to the happy news:
1) Uplist $20 immediately. It takes all those cards off the table
2) ERCF 2.5% - now, they mean business $30
3) Adding to S&P 500 $40
4) Options and big funds allowed.... well baked into the other updates 1-3

It is up to them. Pick your bet Black/Red Odd/.Even

Trump did say the money was stolen. Does he steal, too?!