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You are reading that where? Link? Don't bother. It's like your sentiments in general, all in your head. Lol!!
There is no la that says that will happen. Ultimately there is a limited time frame for that to happen. Short scum and flippers think that will happen but fewer and fewer sheeple remain in here. The ones holding have solid dd on their side. Also they have hedge finds with billions invested. Hedge funds have lobbyists and attorneys. The lobbyist are already working on congress, the lawyers are chomping at the bit to go to court if need be. There is nothing to gain and a whole lot to lose for politicians on both sides to go to court over such a widely publicized scandal such as the governments theft of F and F.
They will have a field day asking the gov to defend its position on why they sold 10million shares of GM at a $10billion loss to the taxpayers while GM remains a public company while at the same time F and F continue to return on the taxpayers equity of $116b and $80b while continuing to keep them in conservatorship. The very idea of conservatorship is to either restructure or dismantle a company in bankruptcy. F and F are profiting and the government is their pimp. The long legged pimp daddy Obama is going to have his name drug through the mud and he will undoubtedly be taking others down with him if this happens.
That said if you are long go do something else and stop worrying. If you are short, be worried, very worried. If you are a flipper, prepare to pay much more to flip.
Ihub gives you much hubris but as I said earlier, it's like pissing in the ocean thinking you are making it deeper, it's ALL in your head.
Lol!!! Long fnma!!
Yep. No matter where you bought I would not sell now. Go do something else and forget it. These turds are looking to steal shares.
Ding ding ding ding
Not a p and d but rather a shake and bake. There is big money here "shaking" the tree like a gorilla. Those who lose their grip on shares get "baked" when the powers that be take it back north with their boat full of shares.
Like pissing in the ocean thinking it will make it deeper.
Because as you can read here there are still flippers and weak retail that are fulfilling a self defeating prophecy. "Oh it's tanking, dump everything! The sky is falling the sky is falling!!".
Like someone just said. it's like a circle jerk on the way up and a loathsome losers anonymous on the way down.
This is like so many things in America. Not everyone should drive a car. Mostly because these people are inept and afraid of their own shadow. But that does not stop them from doing so.
Perhaps some cautious but conspicuous accumulation is warranted? Average down on gold in this case. The point being that while yes it is likely that the mitigating forces will illicit a gold bear raid so to speak the house of cards that the central banks have built is very flimsy and susceptible to collapse by many external forces. When not if this happens everyone on earth is going to want gold err need gold.
For this reason you don't want to be out on the curb when the hammer drops IMO.
Yes. I knew it was hype. Just one week or so prior I sold gold for $1620 ish. Just like fnma when the public sees a dolphin in the water someone always wants to yell shark!
Didn't the whole decline start with the hype behind Cyprus possibly dumping a large percentage of its gold? It was a manipulation of some bad news on Cyprus.
Additionally I read that it costs upward of $1200-$1300/oz just to mine and refine the ore. So does that not set a threshold minimum price? Anything below that seems to be panic driven and would immediately correct.
IMO for what I've read we could be seeing $5k plus/oz for gold in a very short time due to the financial house of cards that has been erected largely by the Federal reserve and its establishment of the dollar as the international reserve currency aka petro dollars. They keep coming up with clever ways to put spit and tape on that house of cards but eventually I believe there is a concerted globalist effort to have it fail by design.
It happened before. It's a major power grab by the globalists aka NWO.
Don't shoot the messenger but it has merit.
I can tell you this much, if gold falls below $1300 there will be a lot of hungry hungry hippos like me waiting to scoop it up with big hands. It's stood the test of time longer than any world currency.
What if? I believe this is the case already. Float locked by hedgies and we move up on air. Very rare occurrence and the shorts that bought into the hedgies trap are going to be screwing the pooch! Lol!
I'll bet several indictments in federal court will though. Oh and the timing would be so perfect with a joke of a GOP and a exiting incumbent in the WH who incidentally needs to win the house in 2014 as a primer to a 2016 run at retaining the WH.
Good luck with your "conspiracy" theory.
Anyone can be a shill there skippy. Even the major networks are shills to someone.
It's quite laughable your sophomoric attempt at creating conjecture.
Rate tapering is not slated to start according to a recent statement by Bernanke until late 2014 at a min. Until unemployment falls below 6% at a min.
The obvious catch 22 here is that its a win win in either event. Either rates stay low and the status quo remains or we see unemployment reduced and we see an improved GNP and a natural advancement across the board. Rates go up commensurate with productivity.
Yes I agree you should do that....I love crushing shorts, it makes me feel so very.....patriotic!
You have no idea what you are saying. Every major real estate market is seeing 9% min yoy growth. Houses are hard to find. Toll brothers announced record new home starts. WCI that was in BK is building new communities all over again. The Related group also a former bk candidate building all over south Fl again. Every major market is clicking.
Who do you think you are pandering to here?
Does the administration have time to go to court over f an f, ( which is a 100% given if that happens), while we are months away from 2014 mid term elections, which is essentially the start of the greater 2016 presidential race? For that matter can either party afford the negative publicity that this will undoubtedly smear their respective efforts?
Take your time with that one. Lol!
Please support your investment and tell Washington to back off F and F!
https://petitions.whitehouse.gov/petition/restore-fairness-fannie-mae-and-freddie-mac-common-shareholders/vYQfrKHP
Good one. I just signed it.
And.....stay thirsty!
How do you debate a fact.?
I know you see it and I am a big fan of those who not only see it but have the ability to articulate it for others to understand.
I don't know how far these posts get here on Ihub but this is what is necessary in order to change the public opinion and garner that support.
Have a great weekend!!
Would that not be indicative of what Skidoo just mentioned about a mostly locked float? If big boys are tight fisted then an ever diminishing number of shares are available to trade. Would this not dictate the pps to go up while the RSI remains flat or moves lower?
Absolutely. In addition to that this guy built his credibility as a consumer advocate. He has been doing this since the 1970's and is no flash in the pan Johnny come lately.
Ralph Nader is in my opinion is similar in some ways to a Ross Perot
If either of them looked like John Kennedy the political Landscspe of this country might be very different today.
Perhaps but moreover Nader is for fairness and justice. If it happens to make a fortune in the process then its a win win for everyone :))
Two weeks ago someone very close to me was in NY and spoke with a prominent NYC money manager. He asked about f and f commons and the future of the companies. He was not very supportive. Later on over Memorial Day Weekend that same man felt the need to call this person at home to offer him an update of that opinion.
He said he had spoken with Bruce Berkowitz since that former discussion and learned of his firms investment into F and F. Evidently the conversation was enough to evoke a change of opinion and by this he felt an obligation to share that with my friend.
This just goes to show that amongst the top tier of financial advisors and managers there is a palpable changing of opinion. There is a wave of support that is gaining size and strength as it makes its way through the annals of the top US advisors as the overwhelming details of what has been discovered over the last 5 years of who did what to whom and ultimately the abrupt turnabout of the financial health of the two GSEs has fostered a new and clear understanding of the situation as a whole.
These top advisors ladies and gents are the ones who pay $500 a plate at political fund raising events. These folks line the coffers of the ones that sit in office. It is because of this that I believe we will see a resolution to this much much sooner than was previously forecast.
Although we are only in the 1st summer of Obama's 2nd term the mid term congressional elections are not far off. Soon we will see the pandering and the positioning of candidates on both sides.
This is crucial to the Democrats as they will lose their incumbent in the White House. For all intent and purpose the 2016 presidential elections start with the up coming mid term elections as Democrats and Republican alike will be jockeying for position. This f and f debate is best settled well in advance of this so that each party can point to their own partisan participation in claiming a victory.
Bank on this people. This is American politics at its best/worst depending on your perspective. The money men need political favor and the political men need money.
I must say BCAP must be hard to kill, given the fact that it has been running around with hundreds of very sad forks in it for a long time now.
Nader : They believe that equity will prevail in any reorganization. These are enormously wealthy companies in terms of assets and profits. The more [investors] believe, the more they become lobbyists for it. They are getting themselves into a self-fulfilling prophecy.
Arca stacking the bid now
I get it. I was fortunate like others to get the blue exchange alert early. Not as early as some but still plenty good.
I started my position with a negligible amount at risk. Like others I saw $5 as a psychological benchmark and I took out my initial $ with a profit.
The last two days presented many in a similar position to either ride free shares or double down with profits.
My sentiments on the future are better than they were when I bought in originally so I have no problem opening new long positions from down here with profits.
I will sell only what I put back in from these levels once we move back up in order to mitigate my risk back to a zero cost average.
The more times this stock goes through these gyrations the more shares I add at no risk.
I have a good friend that has done this since blue's original signal went out and he is riding 80k shares at a zero dollar cost average.
To each his own, but I find this to be less stressful despite the fact that it delays some of the immediate gratification of daily realized gains. In the long run however the payout is exponentially greater.
Glty!
So do we stick a fork in the cork or just tell him to put a cork in it?
Not much resistance was seen going up and all supports were blown coming down given the fast paved nature of both. The reciprocal should be the same going back up.
Yea. I am looking at it from a diff perspective as a long. I have a business so day trading is not an option for me. Your task is indeed more difficult in light of that. You may consider a small long position to hedge in case things go awry which it seems in the case of FNMA is highly plausible.
Good luck with your trades!
FNMA
They are in fact buying both. This has been publicized a lot recently. There have been many attempts to lead people to believe that the commons could be diluted to no value but the mathematics don't support that.
The folks saying that should take a remedial math class. It's not trig or calculus its basic math. They just have an agenda. ;))
It could still go lower and bounce hard but I am less concerned about pegging the bottom here as I am about making sure I have as many shares as I can lock up long before what I feel is the inevitable shot to the moon.
If we see $10, $20, $50 plus over the long haul I won't be concerned over a $.50 to $1 diff in the buy in amount when at this current level.
My bet is on the exit from c ship and a return of true value equity to all shareholders.
Possible I suppose. Let's say that as a hedge fund we devote hundreds of millions of dollars into FNMA FMCC because we know what their value is. Let's say we also feel there is a very good chance that with the continued success of the GSEs coupled with pressure from lobbyist and legislative support that the agreement with the gov, (whose terms have been altered 3 times in 5 years), that we like our chances at seeing true market value return to the stock. Would we be worried about a play at $5 while we should be more concerned with purchasing as much control of the free float as possible before a major decision is made?
I can't make a call on it and it is plausible but I would think their greatest gains are in the future and despite the attractive nature of profits at $5 it pales in comparison to seeing $50 plus.
At any rate they are still in biggly and I for one am going to follow their lead.
Glty!
I think there is a lot of merit to Blue's interpretation of the last 4 days total of short selling, 208m shares.
The hedge funds that bought in don't just jump in and out. They make a decision to buy then they load upward. They have to file their ownership with the SEC.
Because of the above, what then is the catalyst that promoted a sell off? Sure retail looked at $5 as a psychological benchmark and took profits, but look deeper and see this as a perfect time to short and promote panic given the general public's skeptical view of the future of the GSEs in the first place, and the lack of dd that most of those folks that fell victim to the bear raid put into their investment in fnma.
We should all agree that the dd and $ the hedge funds put into this was not for a short term, one hit pump.
So....scared retail and frantic flippers sells into the hands of a bear raid which does several things. It re sets the technicals to reflect an oversold position but artificially so given the nature of the sell off being augmented by tremendous shorting of 208m shares. The stretching of the rubber band? IMO hell yes.
And now with retail scared to re enter the pros can make a hard charge back north.
I have seen no less than 50 posts by scared retail investors curious if this was a p&d, a scam promotion, a dead play, or please help what should I do now that I sold into a free fall for a big loss.
Tomorrow I suspect we see a change in who controls this stock. If this opinion is correct we will rocket past that $5.44 in short order and it will be very painful for any still short here.
At the end of the day fnma is huge money making machine. I suggest all those with, "what should I do", questions start reading up on all the dd posted here, then perhaps try reading one of the numerous articles that come out daily on this issue from many news reporting agencies. Stop relying on other people to TELL you what to do. Read some articles, form your own opinion, and sack up.
You know even idiots get to vote in this country. Their idiot vote is worth the same as an intelligent person's vote. But sometimes just because you CAN do something doesn't mean you should. The stock market is like that. It's not for everyone, sack up or go play golf!
Yes mr Blue. You can only pull a rubber band so far before it snaps back. 208 m shares is a lot to stretch.
Sounds like a perfect catapult to launch the PPS skyward!!
Thanks for your continued coverage of all news and updates!
Could be. We have to remember that the "evil" mms don't win being stupid. Greedy yes but stupid no. This is as much a game of psychology as it is about money. They make money up and down. No one way gets beaten to long or too hard before momentum reverses. They need this and they know the psychology of the scared little pigs in the market. They don't want the retail piggies too scared to go back in the water.
Ebb and flow baby! Don't fight the tide, you will waste energy and drown.
Glty!
You obviously do not see.
"I think pretty much everyone who got in below $1 is trying to jump ship as fast as they can hence struggle to get orders filled"
To which I replied that ,"most everyone in under $1 has profits and is riding free shares "
Key word: has profits, (as in realized gains)
This means that for many of us we have both cash in hand and free shares to ride. It also means that fir those with solid dd we are not shaken and feel no pressure to sell. In fact I wager that many are looking to buy in at each dip to take the unwanted shares from the weak that fall for the FUD campaign.
If you are panicking to sell, you don't understand this stock at all.
Good luck in life.