On the Move: 15 April 2021 | Nashville Post
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2021 In Charge – Finance | Nashville Post
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GSE Shareholder Advocate Pens Controversial Account of 2008 Crash
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This Investor Argues Fannie Mae Common Shares Are Worth $40
The Supreme Court takes up the case of Fannie Mae and Freddie Mac this week, and their common shares rallied after opening statements. One investor tells ValueWalk he believes Fannie Mae and Freddie Mac common shares would be worth $40 if all the stars align for shareholders.
However, Tim Pagliara of CapWealth Advisors, who also owns shares of the GSEs, says not so fast. He says there’s definitely upside to the shares, but things might not happen as quickly as some investors are expecting. There are a lot of factors that will influence the value of the common shares.