Replies to post #4983 on Fannie Mae Preferred S (FNMAS)

[littledevils90210]

It makes a differnce where you got in when you talk about % gains......huge difference if you got in at .40 vs. 1.90 pr 3.20......play the percentages goobers....btw....I truly believed either through redemption or more likely conversion that the juniors will be made whole...so even if you got in at 3.20 you are looking at roughly 800-1600% gain.....now if you got in at .40 or .60....oh lord...or oh pope francis you are going TO DA MOOOON!!!!....go figure..devil