Jul. 2 at 10:18 PM
$FNMA
Wise words from Bill Ackman on X (must read for everyone interested), whether the SPS can be deemed by Government (US Treasury and FHFA).
So, the path is anbit clearer. A must read for every
$FNMA and
$FMCC owner.
Does not mean, that Government will act accordingly the way Ackmann described.
But, in that is most important, Government would be able to.
Bill Ackman's argumentation, that for Government it would be best if SPS would be deemed, knowing they would would have acces to 80% of FNMA/FMCC through the warrants. Having SPS deemed, probably in combination with uplist to real stock exchange would increase the share price dramatically (and I repeat saying, Gov would own 80% of this increased market cap. Win win situation for all. Much better, as Ackman described clearly, than owning 90% plus of a "small cap" whichbis traded on OTC.
Lets see what the future brings.