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Enjoy the ride. Going down for the last time. Them major reversal
My new name for you is big meanie
Credit chatgpt.
Your assessment of what i expect is different from mine. People are working on getting them out of cship.
welcome to ihub, welcome to fnma, a virgin poster
cons on fnma/fmcc is no dilution protection and a spspa with liq pref that exceeds the fair value of their market capitalization
Oh, hold on to your hats, folks! We've got a modern-day Nostradamus in our midst, and they've just cracked the Da Vinci Code of the stock market! I mean, move over Warren Buffett, this self-proclaimed financial oracle has deciphered the mystical runes of the market, and lo and behold, the prophecy is here: "FNF common shares will be GREEN today." Did you hear that? Green! The color of money, the color of envy, the color of hope for all the poor souls who haven't yet been graced by the wisdom of this market messiah.
I can already hear the champagne corks popping on Wall Street as traders and investors alike drop everything to bow down to the unparalleled genius who cracked the code of market movements. Forget about technical analysis, fundamental analysis, or any other analysis for that matter. All you need is a crystal ball, a rabbit's foot, and a four-leaf clover because this market prophet has it all figured out.
And did you catch that emphatic "BOOM !!!" at the end? That's the sound of financial fireworks exploding in the sky because, apparently, predicting the color of the market for a single stock is now equivalent to orchestrating a financial supernova. Move over, meteorologists; we've got a new soothsayer in town, and they specialize in predicting the shades of the stock market.
But wait, there's more! This financial soothsayer is so confident in their prediction that they felt the need to punctuate it with three exclamation marks. That's not one, not two, but three exclamation marks! Because when you're forecasting the future of financial markets, one exclamation mark just doesn't cut it. It's a triple exclamation mark extravaganza, signaling to the world that this prediction isn't just a hunch—it's practically written in the stars.
So, brace yourselves, fellow mortals, for the unparalleled wisdom of our market mystic. I, for one, am on the edge of my seat, eagerly awaiting the cosmic alignment that will turn FNF common shares the color of fresh, crisp dollar bills. Move aside, market analysts, the oracle has spoken, and the financial world will never be the same again. All hail the prophet of profit, the sage of stocks, and the maestro of market colors! 🎩📈💸
I am experiencing deja vu. I think we had this convo before when you asserted you could afford to lose this here and not matter and i generally was like. You do you— but it would be cooler if you wisened up and took this seriously
ah yes good point. maybe you are a bill ackman type where say you have $100M
then sure, by all means, gamble it away foolishly
but--- for example there is me, this is the only thing i own, and so i had better be right..
if you are yoloing as a small percentage by all means go right ahead and risk your money for no more upside than what i will receive.
It is a fake story. There is none
Captain insano with his 1.2 million common position flies right out of the cuckoo’s next
Thats pretty good. Around $700k just head math.
Would recommend preferred stock instead. Cheers
Sounds like you do not understand what you are talking about. Good luck with that. Consult a lawyer or financial professional to explain this to you if you have over $10k in this. Otherwise, save yourself the expense and learn trial by fire
Yeah — not something i would bet on with my money or any money i control
Okay. So lets look at the equity capital structure
How much spspa liq pref is there?
How much jps is there?
How much is the equity worth?
Do the math. Get back to me
Interesting
Who knows what drives buying and selling interest in the jps or commons
I do not focus much on it. Watching berkowitz thing was kind of just a reminder about how far we have come and how wild this adventure has been
Commons have done well. People who own then and buy them in my view are just financially illiterate— and so they kind of serve as a litmus test for people getting excited about near term admin reform
Jps — who knows. Long time holders of jps have been swept out. Berkowitz. Perry. Capital group. Tough
But that is how it is. It is exhausting and fatiguing and it also is invigorating. 15x right now. Insane!
Cheers
Cool. You have been around here a long time too. Cheers.
Commons went up again. Another day. Excellent! Hope this continues every day this month
aint no way i'm doing that.
i still don't take anything you say seriously. in fact, i generally look for cues of what not to think in what you say.. mike.
that's one way to look at it.
i prefer to take a more optimistic tact, that some dumb people who have access to information are just piling into commons
the commons have been soaring in anticipation of biden admin action --- or at least the increasing probability thereof --- if you ask me
i've been hearing some positive things over the past 2 years.
they breached private contracts.
that's a legal thing to do. FHFA can do whatever it wants. But in breaching those contracts, there are consequences (damages) --- apparently limited af by lamberth's poor stewardship of the court
Violating contracts and violating HERA are two separate things. The judges ruled that the government only violated contracts. All of the violation of HERA or 5th amendment claims have mostly been defeated
I will agree that i lacj due diligence when it comes to fully reading anonymous message board posts
I have somewhat disengaged in that department since becoming a father
Good for you on not owning commons.
Owning commons is generally indicative of inferior reasoning skills — and i am quick to jump to conclusions since so many people who post here are impossible to teach — good morning san diego. Deuces
Commons ytd have done well. Like 50-100% up
Jps are basically flat in that same time frame
Commons have been zooming. Incredible. I am hoping common go over $1 this month.
Cool. Hope fnma goes up to $1 this month.
Go commons go
You are misquoting — i read two paragraphs and gave up. Enjoy your commons. I dont want them
Yeah. They continue to build net worth and show recurring profits which continues their path out of conservatorship. Ball is in treasury’s court to keep its promise. It is two years overdue
No clue. I am impressed with his dedication to posting nonsense. There is a method and effort to his madness. That part is impressive. The fact that his perspective reconciles poorly with reality does not seem to bother him at all. Lol
It is impressive that you still keep up with this narrative of yours that you make up
Your logic is not welcome on this board. Only emoji baseless ad hominum attacks and minimum triple digit price estimates for common shares are barely reasonable.
The degens on this board will accept nothing less. Lol.
Yes. The commons have done well more recently which i believe is a good omen for admin action — which makes jps whole. Common shares are a barometer for admin action i think.
Lol i read this as spspa divs
You should consult a lawyer or a financial professional with restructuring experience or one of the analysts that covers this or bove or— just find out through time
If you look at the government’s balance sheet — and how it values the spspa and warrants— it exercises the warrants and then converts the spspa.
If it takes those two actions — the companies can go and raise equity capital via equity offerings
That is the theory — the spspa liq pref itself remains unchallenged in court.
Probably sometime in the next month
Not sure what the rush is.
Shrug. Enjoy. Wishing you a wonderful q4 2023
Still think those warrants are going to get cancelled? Seriously?