Replies to post #86058 on Fannie Mae-No Politics (FNMA)

[BigBenWallace]

Shorts have gone silent, they are going to cover so fast tomorrow it could drive price up to 3.

Here are some facts:

1) most profitable company in the world

2)winning/settling suits which should/ could be used to recapitalize 60-180 billion

3) repaid the treasury 132b (fnf) and could/should be used towards principal reduction

4) this new suit with the correct angle and the right people behind it

If all of this leads to release from cship and relisting, there is no telling where this could go.

I would not want to be short fnf right now

IMO