Lets say FNMA pays some of its debt by:
1. Selling its preferred shares.
2. Banks owe lot of money to FNMA.
3. US treasury would say that no more payements towards the interest and all the Q earnings payments are adjusted towards the debt.
4. Appreciation of property values that are rented can be sold now.
I would say each FNMA share would be worth $25 to $35, any guesses.
Sentiment: Strong Buy
Based on my perception. it might start going up to at least $12 and then settle around $25 to $30 over a period of two to three consecutive good Qs. I am certain that at some point, may be in another 5-6 years after, we might even see an all time high (~$60).
I am not trying to mean, but the way good new seems to hit these stock it would probably drop in half on the news. Man if this doesn't prove this isn't a one world order with contorl resting into one hand then nothging will for you.