Fannie Mae Preferred S (FNMAS)

[Fanatical Infidel]

I should have jumped on this for the ride.

I believe you will get your chance if you want...With this month delay on the plan of allocation I expect a bunch of red for the preferreds tomorrow.

[Ace Trader]

Yer was hoping to get more this week but dam thing got away on me! Hope it gets delayed until Jan 12 or something gives me time to buy a lot more

[Fanatical Infidel]

FNMAS closed at $3...12% of par

[Fanatical Infidel]

I jumped in on Friday FNMAJ @ $1.98. Loaded up with spare cash for the award on 21st . It's free money why wouldn't you buy more JPS for a free payout !!

Nice 25.2% gain in less than a week...I hope the momentum continues.

[Ace Trader]

I jumped in on Friday FNMAJ @ $1.98. Loaded up with spare cash for the award on 21st . It's freee money why wouldn't you buy more JPS for a free payout !!

[Fanatical Infidel]

I should have jumped on this for the ride.

Never too late...It has gone up 7.27% in the 2 hours since you made this post.

Currently at $2.95...Will it break $3 today?

[trunkmonk]

I should have jumped on this for the ride.

[Fanatical Infidel]

I've been buying FNMAP ($50) since the jury verdict in August. Normally trades a few thousand shares per day.
Someone got in big today...1,061,244 shares traded so far

[Fanatical Infidel]

FNMAS up 25+% in the last few weeks...closing over 2.50 for the first time since very beginning of the year...

[Fanatical Infidel]

Nice start to the week with almost all of the preferreds up a few points... Bump in anticipation of verdict certification?

[Ace Trader]

I'm long on my JPS will never sell because I believe the same. One day they will be released just a matter of time as the wheels are turning and more and more pushing by companies people in high positions are speaking up. Common shares are a gamble once news or any sniff of release etc commons will eplode but sell before they do the cram down and R/S. Quick cash and hold JPS for dividends. If Trump gets in in 2024 we may be fast tracked to release but if we don't then it's another 4 years on lockdown for the GSE's

[trunkmonk]

Have long position in GSEs. I still believe somebody is not a thief somewhere in government, stupid eh.

[Ace Trader]

Yes very true very true but one can't help themselfs when it comes to a wild card play with these odds !! It's worth the gamble on the GSE and JPS

[trunkmonk]

I see better investments elsewhere right now.

[Ace Trader]

Sub $2's not for long my freind. With Lambert giving us 5.75% on top we JPS are looking strong!

[Ace Trader]

Commons only for wild card play ! JPS for long term dividends once released ! Other side is JPS are protected from greedy Gov converting SPSA to commons.

[Ace Trader]

O come on have a go! Play it as a wild card you never know sometimes the odds work out real good! My wild card play is Freddie commons but hold both Fannie and Freddie JPS

[Fanatical Infidel]

I’m not touching till it hits 1. Too many other things out there swindling money from retail.

I don't see you getting that opportunity...but you never know when the govt. is involved.

[trunkmonk]

I’m not touching till it hits 1. Too many other things out there swindling money from retail.

[RickNagra]

The preferred shares are not very attractive. On the other hand the commons are drop dead gorgeous.

[trunkmonk]

They painted the tape today. Lol

[trunkmonk]

sub 2s. all is well with FNMAS, load up boys, i bring u pot of beans, we share campfire stories.....

https://www.google.com/search?q=mongo+at+campfire&sca_esv=581698549&sxsrf=AM9HkKnopcAYE4AP2R3Yaw6hKvikbM6B4Q%3A1699794617358&source=hp&ei=uc5QZbrfEtClqtsPwsOviAs&iflsig=AO6bgOgAAAAAZVDcyXlSd1h_YZzVugYTCNSkK4fZ7qBI&ved=0ahUKEwj6n-yyxL6CAxXQkmoFHcLhC7EQ4dUDCAw&uact=5&oq=mongo+at+campfire&gs_lp=Egdnd3Mtd2l6IhFtb25nbyBhdCBjYW1wZmlyZTIFECEYoAEyBRAhGKABMgUQIRigATIFECEYnwVIvC5QAFj8KHAAeACQAQCYAaABoAG6CaoBBDE0LjO4AQPIAQD4AQHCAgQQIxgnwgIHECMYigUYJ8ICCxAuGIoFGLEDGIMBwgIREC4YgAQYsQMYgwEYxwEY0QPCAggQABiABBixA8ICCxAAGIAEGLEDGIMBwgIFEAAYgATCAgUQLhiABMICCBAuGIAEGLEDwgILEC4YgAQYsQMYgwHCAgsQLhiABBjHARivAcICCxAuGIMBGLEDGIAEwgIIEC4YsQMYgATCAggQABiABBjJA8ICCBAAGIoFGJIDwgIHEAAYgAQYCsICChAAGIAEGLEDGArCAg0QABiABBixAxiDARgKwgIIEAAYFhgeGArCAgYQABgWGB7CAgoQABgWGB4YDxgKwgIIEAAYigUYhgM&sclient=gws-wiz#fpstate=ive&vld=cid:d4714c8e,vid:FXHkFZ-nG4Y,st:0

Make sure invite GB, he head nonsensical boy.

Mongo

[trunkmonk]

P shares really sucking wind. All out assault on commons is last ditch effort. What a bunch of losers.

[trunkmonk]

Ok Brad.

[RickNagra]

I hate the preferred shares and so should you. I am the chosen one and I have spoken. I hereby declare today as National Buy the Commons Day. It is ordered so.

[RickNagra]

This is true. Good point. Surprisingly volume was pretty good.

[EternalPatience]

56,154 shares. That's yugeeeeee

[RickNagra]

Not much action today with the preferreds. No big surprise. Best to sell and lick your wounds. To hasten the healing process buy the commons. It will be miraculous.

[RickNagra]

Most investors if not all are selling and dumping their preferred shares and rotating into the commons. Makes perfect sense. The writing is on the wall. It is the only smart intelligent astute brilliant move that can be performed. It is a no brainer. I am quite smart. There should be no doubt. You’re welcome.

[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.