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Eisbrecher34

04/03/13 12:21 PM

#18955 RE: innovationrich #18950

It actually has trillions in assets, but I'm not trying to bash FNMA here, im invested just like everyone else. A true PPS would be to base it off it's 10-k which is 17 billion, so it would be somewhere in the $15 - 17 true value. You are also correct as others have pointed out before that there is no other OTC stock that has the money that FNMA does.

But all of that stuff doesn't matter right now because the one true question is what is going to happen with the company. Are they going to be released from C-ship and given back to the shareholders? Are they going to stay a means of cash flow for the gov't? Are they going to get liquidated? Will there be a payout for such scenario? How much would that payout be?, etc...

No one knows the answer to these questions and that is why you have to make a decision on what you are going to do if you want to hold long. Personally I'm betting that this thing is worth $5 - 10 at the end of the year, but I can't guarantee it. No one should base their assumption of this stock just by looking at revenue and PPS. Obviously we are way undervalued in that department so I don't understand why everyone keeps harping on it. Yes we should be a lot higher.