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only for a month. they were likely threatened to do it so that there is dip in inflation for a month and then drumroll. the stock market has become a ponzi scheme.
you'll wish it was here sooner until you read the s h i t you are eating to allow for that $5 poison, umm, errr, price tag
I heard that McDonald's $5 meal is only for a few months, just to attact and get customers
Curious ... over 4 mil volume up over 5% after the CFPB ruling ... go figure
What comes first: McDonald's $5 meal or FNMA @ $5?
wish the $5 mcdonald meal was here sooner to get back into it and buy some. at least we will have next month to do it. too bad it will be there for just a month. it will affect the inflation report, problem solved
fhfa must have whispered in treasury ears to let go some of the loot that the inflation is too high and they need money to survive until $5 mcdonald meal next month
"I've got 8 figures liquid, why would I want to go work with the serfs?"
and that is why you are 24/7 on a message board of penny stock rooting for its bankrupcty and reverse split? see folks are buying , and they know who you are.
imbellish ...
thanks ... just wanted to see your thoughts ...
Dude, you make no sense. FNMA is trading now for $1.60, why would it go under $1 after release from Conservatorship?
I think it will trade north of $100 after release. I think you are missing 2 zeros in your estimate.
If the precedent were set that the entire funding structure were to be strictly governed by "Appropriations made by Law" as defendants painted it, would that not ultimately nullify the funding mechanism in FNMA/FMCC's charters? I think Congress would then have to explicitly appropriate money each time the companies go to borrow from Treasury. Like explicitly in a bill. Last line Thomas's summary opinion sums it up:
"They offer no defensible argument that the Appropriations Clause requires more than a law that authorizes the disbursement of specified funds for identified purposes."
imbellish ...
You are correct. Those that worry about LP are just trying to cast doubt on the potential of the c shares. LP is irrelevant unless the companies file for BK liquidation; hence the name "liquidation preference."
Oh wow. New HOD $1.58 just printed.
Oh wow. Captain TightCoil we are in the green up 5 cents. Congratulations you called it. You are a genius.
in a curious way - even though the case is only tangential - this is a favorable outcome
big loss for the crypto people claiming these agencies shouldn't exist at all
I assume you had an index or normal core large US stock mutual fund or 5 and other stocks
I have lost many a speculative effort (MIPS WAMU FNMA NKLA..)
I have made money on GM Debt and Sears Debt (bought at huge huge discounts and they paid off at PAR when all was done or in case of SEARS sold a ton of RE)
yet - after I had a kid - around 1983 - spec was never more than 5% of my equity holdings which sat in deferred accounts 98% equity overall - but along side say 10% or more in high savings accounts - MMs - online banks - and for those who bought them - ASSOCIATES paper
(note buying distressed beat up hated debt was IMO -- investing in EQUITY for risk)
hhmm
maybe ?
funding is legal - has footing in constitution and Congressional Law
agency is legal - has footing in constitution and Congressional Law
what is illegal and without constitutional grounding
the process of POTUS not able to remove the head of an Executive Branch agency - where such agency is NOT overseen by a major credible panel or committee by legislation
that is my read - GUESS
Thank you no name. Your right. Mental block on my part. By the way. The mini-kt was in reference to how you tend to comment on my comments to KT usually with a reference to his signature page about lawsuits. No offense intended. I like kt perspective. He is a realist, I agree with both him and you that the gov can and will do whatever they are going to do. But I do feel that just because they can, have, and will do what they want, doesnt mean shareholders shouldn’t explore what the law actually says they should do. Discussion is good. I got into this investment as a binary all or nothing trade back in 2013. It is an investment in the future of our country. If legacy shareholders make out in the end it will be because we have maintained a Democratic Republic with a crony capitalist economy. If legacy shareholders are wiped out it means our country has turned tyrannical, call it what you want communist, socialist whatever. The equitable needs of the state will outway the needs of the individual. We can enjoy our new wallet of CBDCs with negative interest rates and social credit scores. We can enjoy our 45% capital gains tax to make sure that equity reigns supreme. So, for me it has always been a political trade.
hhmm - I might spin a different way --- as it seems ALL is spin to most audiences who disagree
This stock is an investment of the United States Govt, the POS Obama made that clear. The Conservatorship is in Temporary Indefinite status,
1. The GRAB - the STEAL - the lie that it was super temporary and NEEDED - was R - Bush and Paulson
2. Then under BO - no freedom and indeed the NWS --- which was a taking of the took - IMO
3. Then DJT and Mnuchin and Sessions and Barr did nothing for four years (spare me excuses) - but did burden equity by placing say a 2X too high capital reserve requirement on F and F
4. Then JOE has ignored them
Can someone explain to me, why we are on the hook for and why are we concern with Liquidation Preference. As I look at it, the basic meaning of the Liquidation Preference is that incase of a receivership the Governrats have priority/ preference of the asset liquidation. So, unless there is a receivership or BR, F&F will not be liquidated, especially with the strong quarterly earnings. Am I wrong to interpret LP that way?
Interesting ---- Clarence Thomas in the 7 (7-2) and Alito in the 2 (with Gorsuch)
I would swear Thomas and Alito are "together in their decision vote" 99% of the time
inside IRAs (for deferral of taxes) I used to buy B or B+ debt --- WHERE a look up on YAHOO showed that company was making money -- expected to make money - and paying a dividend
if you THEN bought say 7% paper for a 10% discount - the income was more like 7.8% (70 dollars on the $900 paid for the $1000 bond). Then the bond matures - say in 5 years at 1000 and that is another 100 of profit or 2% a year --- now headed (assuming no default) to 10% per year
Ace or KT or
I agree with you there also. However $0.25 is on the very low end if the greedy Gov does convert everything however more likely between $.70 to $2.25. If they don't convert the warrants then yes maybe just maybe around $8 to $12.
HELP
can one of you walk me from .25 or ? to 8 a share common
I think one is a conversion price when and IF JPS is converted - but at the end - given the massive number of common shares --- !!! how does it get to 8 post conversion of the LP $ amount which is so high (I repeat - the WTS are 4:1 and if the earnings hold up - I can see 20 -30 a share post such conversion but that is 4:1 not the massive dilution if SP/LP $ value become common - and equity goes from owning 100% (or 20% with WT exercise) to say 1% ? - to me that suggest (indirectly) the PPS otherwise would be say 800 ?
Completely false statements, GSEs to da moon without P and KTCarneyCorkerCrackers approvals.
"This is analogous to what creditors angle for in bankruptcy reorganizations"
you are a joke. these companies are making money hand and fist. they aren't in bankruptcy. get a real job.
and fannie mae went from $1500 to $0.40
and apple, microsoft, google, all went to several trillion dollar companies during this 16 year fake conservatorship with taking of hard earned retirement and 529
Oh wow. Dow is about to print 40,000.
don't sleep. manipulate like amc gme all night long. shell game like crypto. sick. i thought they had a long list of stocks on otc that brokerages would not allow to trade and charge a fee.
moelis wants to make money in fees by doing a large offering. think about it. last time fannie freddie had nothing when they wanted to raise 180 billion. now they have more than that, so why raise money? but they will , as that is the only way they collect fees. there isn't any need to raise money as we know. also if you forgot, it was paulson who had asked them to put proposal last time and i assume he asked them again this time or they may be putting it forward on their own to be in the market. it is a lot of money in fees. it is a mafia ring and must be defeated.
WoW Indeed! Shorts Should Absolutely Be Terrified Beyond Comprehension…
Back when I followed the GSEs more closely the CFPB structure was very similar to the FHFA and so a win against the CFPB would have been a win against the FHFA. Again, this was back a few years ago and I am currently not up to speed on the legal statuses of issues like this.
I just saw the headline and rushed to post it here.
What are the implications for F & F?
So, the funding structure is legal but the agency is not? Isn't that where we are now?
I predicted $1.49 close today yesterday
Looking like a genius again
Not
lol
This stock is an investment of the United States Govt, the POS Obama made that clear. The Conservatorship is in Temporary Indefinite status, this too was made clear! It is supported by an extremely strong back stop of 35 Trillion in the RED.
Go on home folks as the Great Wizard of Oz said.
Arnold has been trying to give you people sound advice for a long time. It’s time to pay attention!
Sammy
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
https://www.cnbc.com/2024/05/16/supreme-court-rules-consumer-financial-protection-bureau-funding-structure-is-legal.html
Not sure if this still had any relevance to the GSEs. Either way still isn't good news.
Oh wow. Today would be a nice day to visit the moon.
I liked the no math gse pps valuation. It makes 0.05 cents, I mean 0.05% sense, I mean non sense.
The gse pref malarkey continues, might as well forget all the Billions that the GSEs have accumulated, nationalize and send all the money to Maxine Waters for a big corn roast.
Fnma
So if this plan happens as many here are speculating, the commons will most likely be worth less than a dollar? After decades of conservatorship when the GSEs are finally released and turned back over to the private shareholders, two of the largest financial companies with trillions in assets and the underpinning of the real estate market with a gov backstop will be relegated to trading as a penny stock on the OTC? What am I missing? Can they get back onto a real stock exchange with sub dollar common equity?
There's never been a time better than NOW
to put some Fannie and/or Freddie into your
investment basket, Don't ask why, ask Why Not?
Load Up and Suit Up - And don't look back.
Strong Buy
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