Replies to post #35908 on Fannie Mae-No Politics (FNMA)

[Stockman1010101]

You sound like a short trying to reason your way into scaring people into selling. We all know that fundamentally Fanny and Freddie are Trillion Dollar companies and mere $2 for their stock is chicken feed. This stock should be $54/share at book value. Anything short of that is a ripoff to the Company and its shareholders. This stock is headed to $54 in a few years. It will be a long, long ride up. Very few stops along the way. So buy and hold or in your case cover or loose your short/shirt. GLTA.

[MarketGeometry]

I think people are just ignoring the reality gse has no say on the final outcome. treasury still controls 80% of the company and all the dividend paid cannot be used to pay off the loan per current agreement. If there was real chance of c-ship being removed junior preferred would have been trading par value by now but they are trading at 6.