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More sellers than buyers--21/13
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades
But look how far we've come--opened at 1.95---1.87
Should be breaking out soon.
Pfd’s are cancellable
It’s gd shark tank
Aren’t you in s Florida?
I’m ready
Somebody on this board told us that Fmcc would spike first
Followed by FNMA
Must be an attempted appeal
We've got a signed judgement, so what's the hold up?
Of course one can appeal of convicted by a unanimous jury verdict. In fact, the laws of all states provide the defendant one appeal as a matter of right. The $64 question is whether you'll prevail in an appeal.Apr 30, 2023
https://www.google.com/search?q=is+a+jury+unanimous+decision+in+a+civil+case+appealable&sca_esv=27b000d398e4e776&rlz=1C1VIQF_enUS1095US1095&sxsrf=ACQVn0_nPZC_F4bKaPXEd_SQLFZiSDxkdg%3A1711321784252&ei=uLIAZvKND8iKptQPqqyakA4&oq=is+a+jury+unanimous+decision+in+a+ciappealable&gs_lp=Egxnd3Mtd2l6LXNlcnAiLmlzIGEganVyeSB1bmFuaW1vdXMgZGVjaXNpb24gaW4gYSBjaWFwcGVhbGFibGUqAggAMgoQIRgKGKABGMMEMgoQIRgKGKABGMMEMgoQIRgKGKABGMMEMgoQIRgKGKABGMMESPPBAVDaHliclwFwBngBkAEAmAH6AaAB2xCqAQUwLjguNLgBA8gBAPgBAZgCEKACgA_CAgcQIxiwAxgnwgIKEAAYRxjWBBiwA8ICBxAjGLACGCfCAggQIRigARjDBMICCBAAGIAEGKIEmAMAiAYBkAYJkgcFNi43LjOgB9FQ&sclient=gws-wiz-serp#cobssid=s
Of course one can appeal of convicted by a unanimous jury verdict. In fact, the laws of all states provide the defendant one appeal as a matter of right. The $64 question is whether you'll prevail in an appeal.Apr 30, 2023
https://www.google.com/search?q=is+a+jury+unanimous+decision+in+a+civil+case+appealable&sca_esv=27b000d398e4e776&rlz=1C1VIQF_enUS1095US1095&sxsrf=ACQVn0_nPZC_F4bKaPXEd_SQLFZiSDxkdg%3A1711321784252&ei=uLIAZvKND8iKptQPqqyakA4&oq=is+a+jury+unanimous+decision+in+a+ciappealable&gs_lp=Egxnd3Mtd2l6LXNlcnAiLmlzIGEganVyeSB1bmFuaW1vdXMgZGVjaXNpb24gaW4gYSBjaWFwcGVhbGFibGUqAggAMgoQIRgKGKABGMMEMgoQIRgKGKABGMMEMgoQIRgKGKABGMMEMgoQIRgKGKABGMMESPPBAVDaHliclwFwBngBkAEAmAH6AaAB2xCqAQUwLjguNLgBA8gBAPgBAZgCEKACgA_CAgcQIxiwAxgnwgIKEAAYRxjWBBiwA8ICBxAjGLACGCfCAggQIRigARjDBMICCBAAGIAEGKIEmAMAiAYBkAYJkgcFNi43LjOgB9FQ&sclient=gws-wiz-serp#cobssid=s
is a jury's unanimous decision final?
Unless the parties stipulate otherwise, the verdict must be unanimous and must be returned by a jury of at least 6 members. (c) Polling. After a verdict is returned but before the jury is discharged, the court must on a party's request, or may on its own, poll the jurors individually.
https://www.google.com/search?q=is+a+jury%27s+unanimous+decision+final&sca_esv=27b000d398e4e776&rlz=1C1VIQF_enUS1095US1095&sxsrf=ACQVn08IbfnSJm7z11O1o8sjyHgdaNAxxA%3A1711320860228&ei=HK8AZva_DfL8ptQPma-W-Ag&ved=0ahUKEwj2veH__o2FAxVyvokEHZmXBY8Q4dUDCBA&uact=5&oq=is+a+jury%27s+unanimous+decision+final&gs_lp=Egxnd3Mtd2l6LXNlcnAiJGlzIGEganVyeSdzIHVuYW5pbW91cyBkZWNpc2lvbiBmaW5hbDIIEAAYgAQYogQyCBAAGIAEGKIEMggQABiABBiiBDIIEAAYgAQYogRInHBQwghY8EFwAXgBkAEAmAHlBqABzhuqAQ0wLjUuMC4xLjEuMS4yuAEDyAEA-AEBmAIJoAKKEcICChAAGEcY1gQYsAPCAgcQIxiwAhgnwgIIEAAYCBgeGA3CAgsQABiABBiKBRiGA8ICChAhGAoYoAEYwwTCAgwQIRgKGKABGMMEGAqYAwCIBgGQBgiSBwsxLjUuMC4xLjEuMaAHqDs&sclient=gws-wiz-serp
Not if we don't get into sub prime/variable rate mortgages
If the pps is $325, then $5 dividend is way too small, it’s 0.015
Here is the allocation plan
https:/storage.courtlistener.com/recap/gov.uscourts.dcd.160910/gov.uscourts.dcd.160910.428.1.pdf
Next week hopefully we break loose
Why would you want fone?
“Final Non-appealable Judgment” means the judgment of the Court after (1) any
and all appeals to the U.S. Court of Appeals for the D.C. Circuit (the “Court of Appeals”) have
Case 1:13-cv-01053-RCL Document 428-1 Filed 03/20/24 Page 1 of 17
2
been adjudicated, or the time for appeal to the Court of Appeals has expired with no appeal having
been taken, (2) any and all petitions for writ of certiorari to the U.S. Supreme Court (the “Supreme
Court”) have been adjudicated, or the time for filing petitions for writ of certiorari has expired with
no petition having been filed, and (3) if any petition for writ of certiorari is granted, any and all
appeals to the Supreme Court have been adjudicated.
You need to multiply this by the P/E ratio which was at 17
Thus $255/share for FNMA
how many years have I been saying this? 8-10 I think
shorts covering before the weekend. bodes well for next week
6.7. Effect of Order; Injunction; Decree. If any order, injunction or decree is issued by any
court of competent jurisdiction that vacates, modifies, amends, conditions, enjoins, stays or otherwise affects the appointment of Conservator as conservator of Seller or otherwise curtails Conservator’s powers as such conservator (except in each case any order converting the conservatorship to a receivership under Section 1367(a) of the FHE Act), Purchaser may by written notice to
Conservator and Seller declare this Agreement null and void, whereupon all transfers hereunder
(including the issuance of the Senior Preferred Stock and the Warrant and any funding of the
Commitment) shall be rescinded and unwound and all obligations of the parties (other than to
effectuate such rescission and unwind) shall immediately and automatically terminate.
6.12. Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event
that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to
be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.
https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-26_SPSPA_FannieMae_RestatedAgreement_N508.pdf
Thanks to Judge Lamberth
Aka LameBreath
Post 789420 has been added as sticky
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174083626
Fmcc closed up 20 cents
Sadly, we did not
f6.7. Effect of Order; Injunction; Decree. If any order, injunction or decree is issued by any
court of competent jurisdiction that vacates, modifies, amends, conditions, enjoins, stays or otherwise affects the appointment of Conservator as conservator of Seller or otherwise curtails Conservator’s powers as such conservator (except in each case any order converting the conservatorship to a receivership under Section 1367(a) of the FHE Act), Purchaser may by written notice to
Conservator and Seller declare this Agreement null and void, whereupon all transfers hereunder
(including the issuance of the Senior Preferred Stock and the Warrant and any funding of the
Commitment) shall be rescinded and unwound and all obligations of the parties (other than to
effectuate such rescission and unwind) shall immediately and automatically terminate.
6.12. Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event
that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to
be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.
https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-26_SPSPA_FannieMae_RestatedAgreement_N508.pdf
Kind of weak imho given recent developments
6.7. Effect of Order; Injunction; Decree. If any order, injunction or decree is issued by any
court of competent jurisdiction that vacates, modifies, amends, conditions, enjoins, stays or otherwise affects the appointment of Conservator as conservator of Seller or otherwise curtails Conservator’s powers as such conservator (except in each case any order converting the conservatorship to a receivership under Section 1367(a) of the FHE Act), Purchaser may by written notice to
Conservator and Seller declare this Agreement null and void, whereupon all transfers hereunder
(including the issuance of the Senior Preferred Stock and the Warrant and any funding of the
Commitment) shall be rescinded and unwound and all obligations of the parties (other than to
effectuate such rescission and unwind) shall immediately and automatically terminate.
6.12. Non-Severability. Each of the provisions of this Agreement is integrated with and integral to the whole and shall not be severable from the remainder of the Agreement. In the event
that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to
be illegal or unenforceable, then Purchaser may, in its sole discretion, by written notice to Conservator and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment) shall be rescinded and unwound and all obligations of the parties (other than to effectuate such rescission and unwind) shall immediately and automatically terminate.
https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-26_SPSPA_FannieMae_RestatedAgreement_N508.pdf
Now that Lamberth has signed, 6.7 and 6.12 of the SPSPA are now activated….
The Conservatorship Is NULL And VOID !
All Monies Must Be Immediately Returned To The Companies!
EOM CatBirdSeat
Wednesday, March 20, 2024 2:59:02 PM
Post#
789227
of 789286 Wednesday, March 20, 2024 2:59:02 PM
Post#
789227
of 789286
Lamberth-aka Lamebreath signature
https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fecf.dcd.uscourts.gov%2Fcgi-bin%2Fshow_public_doc%3F2013mc1288-420&data=05%7C02%7C%7C4f4a5d9321834ecfe24f08dc490538d5%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638465533991724125%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=4FSoP3BI21UX%2BNVaZcn4iwSC6pz2hhO%2FMW4OLIZ%2BywQ%3D&reserved=0
Annual income
As far as I can tell, yes, it does
I want to share exuberant elation
He’s been a cohort for many years
Yeah Man--where's Navy?
The big uptick began yesterday around 11:30
Anybody heard from LameBreath recently?
NO don't jynx it
Looks like a form T trade, although it's got an "avg" symbol next to it--LINK
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades
What is the minimum share price for Nasdaq?
Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.
What are the three requirements for listing on the NYSE?
New York Stock Exchange Listing Requirements
Requirements Standard 1
# of Shares Publicly Held 1,100,000
# Public Board Lot Holders 400
Market Value of Publicly Held Securities $100,000,000 unless IPO, carve-out or spin-off $40,000,000
Trading Price of Listed Securities $4.00
$1.58–nice
Predictable