Fannie Mae Preferred S (FNMAS)

[Fanatical Infidel]

Always purchase the commons for your impressive portfolio.

Stellar call as usual...

[RickNagra]

Always purchase the commons for your impressive portfolio. Never buy the preferred shares. They are junk garbage trash litter rubbish landfill material septic tank. Never listen to Bradford. He knows less than nothing.

[RickNagra]

These preferred shares are not very good. Headed to ten cents. Best to own the commons. Unlimited upside potential. You’re welcome.

[FFFacts]

Easy on the eyes equals more votes.

[Fanatical Infidel]

Kristi VP

Kristi might be easy on the eyes but she is a rino...She sold conservatives out for the Chamber of Commerce

https://www.theamericanconservative.com/kristi-noem-surrender-to-big-business-transgender-athletes-gop/

[FFFacts]

If
Trump P
Kristi VP
Vivek AG, Sec of Treasury or Secretary of Commerce
Vivek will be the person in the cabinet to resolve the conservatorship.

[RickNagra]

Do not buy preferred shares. Stick with the commons.

[RickNagra]

This is not a very good stock to own. Best to buy the common shares. You can thank me now or thank me later. No worries. You’re welcome.

[Fanatical Infidel]

Wow! Impressive price movement for commons the past two days...Congrats to common holders! I'm not sure I entirely understand it but I hope the trend continues for them.

[trunkmonk]

Common sense is better than wishful thinking that the GSEs are under receivership when they never were. All the hopes of preferred’s are pinned on greed or par, then conversion to commons Pennie’s on the dollar. Such greed always falls apart.

[Fanatical Infidel]

Looks like more selling of Ps while possibly that money is going to commons. Easy to see this and makes sense and even more cents as time goes on.

Wishful thinking is not proof...

[trunkmonk]

Looks like more selling of Ps while possibly that money is going to commons. Easy to see this and makes sense and even more cents as time goes on.

[trunkmonk]

That Berk sale will take a while and quite a drop before MMs can unload on anyone.

[Fanatical Infidel]

I actually didn’t give shareholders much of a chance this time around, due to the result of the last trial and the Govt. having home court advantage, but after reading the opening statement I have shifted my opinion towards a more positive result…

Shareholders finally have a lawyer who was able to articulate their plight in easy to understand manner. She told the story like she was talking to someone at the bar…a lot of trial left but it is off to a good start!

[Fanatical Infidel]

I also thought it was a brilliant move to have a black female give the opening statement. I believe she will connect better with the jury than Hamish…first impressions are important

I hope she will be be giving the closing statement as well

[Fanatical Infidel]

An amazing thread on opening arguments by shareholder’s lawyer…so much better than last year.

Buckle in #Fanniegate Fans, today we have a classic tale of hubris vs moxie. I've said since November that we have the advantage in Lamberth 2.0 b/c we learned what worked and what didn't, and now we know Ds strategy going in and can preempt their arguments.

— FnFan (@FnFGateFan) July 27, 2023

A big thank you to @FnFGateFan for going to the trial and reporting

[Fanatical Infidel]

My preferreds are free thanks to the settlement...so all I know is -
Commons to the moon!!!

[trunkmonk]

What’s most interesting about preferred holders is somehow they are experts on what will happen in the future with no evidence or word coming from an agency, from anywhere other than themselves. But all of the cases they say would win, lost. All of the u better get in by a certain date or else, passed. False profits? No. Not so smart probably, the P holders that have been selling millions of preferred seems to be the smart money.

[Fanatical Infidel]

A DC judge hasn't ruled yet, but seemed sympathetic to a request today by @FannieMae & @FreddieMac shareholders to introduce additional documents at trial they claim show the Treasury Department was motivated to sweep up the companies' profits in 2012 because of rosy projections.

— Katie Buehler (@bykatiebuehler) July 19, 2023

Would help shareholders if he allows it...

[stockprofitter]

15 million sold = Berkowitz largest holder dumping

[trunkmonk]

Huuuge dump today. Wow.

[Treat_Reason]

Obviously, but to fund some affordable housing agenda by taking from the 'rich' AKA investors, on a long down trodden company people have had 10 years to get positions out from, I can see thr govt justifying exercising the warrants to themselves and still sleeping at night.

Also, Sandra literally said in a recent interview, "the largest ipo ever" why would she even have that point of view unless it's not only on the table, but possibly in the works? Not to mention all of their comments have been, we want congress to handle ending conservatorship. Why would they want that when congress can't do crap? To put it off? No, it's because a reform or some bill is being worked on and taking your money is how they will fund it.

[trunkmonk]

When preferred goes down and commons goes up, the buzzards come out, why is that?

[Fanatical Infidel]

Solid movement in the preferreds the last two weeks...'Penny range' is looking less likely everyday.

Still 60+% upside to where FNMAS was at before the big fund started its selloff in late September...

[Ace Trader]

I’m know legal expert but the way it’s written in HERA one would assume so!!!! The warrants were there to recoup in case of receivership! Now if Gov does just that then they are triple dipping

[Ace Trader]

I like the idea but what odds of getting real see before 2025 even if Trump wins !
I think if the Lambert trial is a win for shareholders the pps and price will reflect the payout so big jump coming possible

[bradford86]

commons are going to get destroyed. jps like fnmas are going to see par in this restructuring.

[Fanatical Infidel]

Good day today! Higher than normal volume across almost all preferreds and almost all of them solidly in the green. Penny land will have to wait for the time being...

I picked the wrong day to transfer to a ROTH.

[Fanatical Infidel]

5.2 baby!!!

[trunkmonk]

Ps planning on making millions on par bets. I’ll join them once prices are in the penny range.

[trunkmonk]

Anyone doing any research on warrants knows they were there for protection, never did they need to be exercised in fact the NWS did exactly that illegally. Oh the humanity of the lies by Ps.

[trunkmonk]

I think smart money is leaving JPS shares. Only men with no minds or manes support derivative thinking of receivership. Commons will make billions if there is any conversions that are there for backstop or unconstitutional

[trunkmonk]

The goons continue their restructuring receivership stupidly. They are so over leveraging their debt on par it’s pitiful. Their demise will be their arrogance and hope others fail mantra.

[Fannie Heyyyyy]

Take a nap until 2028. You are neurotic

[trunkmonk]

Come on penny land. Red day forP shares


Preferreds vs. Common
Dems vs. GOP
Dum vs smart money
Thieves vs righteous
Capital stack vs market valuation.

[trunkmonk]

I’m getting a sinking feeling here. I am not alone in thinking end of may was inflection point, but I highly doubt it’s coming soon. Thus drip drip.

[Fanatical Infidel]

Ps going much lower if commons do. I’ll wait for Ps to hit 50c, then look at buying.

I thought $1 was your number?...Why did you cut it in half?

[trunkmonk]

Ps going much lower if commons do. I’ll wait for Ps to hit 50c, then look at buying.

[trunkmonk]

If the only thing u own is a kite, skateboard, a lot of debt, and preferred shares paid for by debt at a much higher cost, ur in big trouble. Or just borrow more and buy at 50c.

[trunkmonk]

no commons were about 30c back then. bought a bunch and should have sold. ill do the same here then not make the same mistake with Ps. i dont really consider anything before 2012.

[trunkmonk]

no commons were about 30c back then. bought a bunch and should have sold. ill do the same here then not make the same mistake with Ps. i dont really consider anything before 2012.

[Fanatical Infidel]

Ps especially FNMAS, is at all time lows, yet some are claiming they sold at a profit and are moving on. U cant make this stuff up.
Dip dip dip.

Preferreds aren’t at all time lows…I’ve been in them since Oct 2008 and a large chunk of my shares came in 2010 when they were in the 38-45 cent range…just like where commons are now.

I believe the low is around 33 cents for FNMAS

[Fanatical Infidel]

Ps especially FNMAS, is at all time lows, yet some are claiming they sold at a profit and are moving on. U cant make this stuff up.
Dip dip dip.

Preferreds aren’t at all time lows…I’ve been in them since Oct 2008 and a large chunk of my shares came in 2010 when they were in the 38-45 cent range…just like where commons are now.

I believe the low is around 33 cents for FNMAS

[trunkmonk]

Ps especially FNMAS, is at all time lows, yet some are claiming they sold at a profit and are moving on. U cant make this stuff up.
Dip dip dip.

wait for it.1 is coming

[trunkmonk]

FNMA ready to blast off, what will Ps do???

[EternalPatience]

Brooge


Aren't you a premium paid customer? You also get one post only like me on the FNMA board? LOL. Welcome to the club

[trunkmonk]

Then u should have plenty of ops to buy.

[Fanatical Infidel]

Good day for the common...congrats to them.

Still buying preferreds so I would be ok if they waited a couple weeks to start moving up.

[Fanatical Infidel]

how its staying here is beyond me, drip drip drip, then gusher down?

This has been great...I have been buying more preferreds for myself and my family. Got quite a few of FMCCG between 2.19 and 2.25 the past few days

I will continue to buy more if it drops...

[trunkmonk]

how its staying here is beyond me, drip drip drip, then gusher down?