Replies to post #13788 on Fannie Mae Preferred S (FNMAS)

[JosephS]

I think he is referring to 79.9 and 20.1....

[5bagger]

$60 now $12 because 80% goes to government

Yes, Joe that is what I meant.

I do agree with SA. FnF, allowed to run the biz the same as in 2007, is worth $60 today - $12 converted by warrants.

The *if* allowed part is important.