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Is this to delay August 19th or was this a separate deadline for other types of evidence?
Sorry, these dates all look the same.
Thanks for clarification.
I understand your explanation better now. Thanks for the time responding.
Wouldn't / couldn't the $69Billion be paid from the extra money they didn't give to Treasury?
Wouldn't FnF have more retained to pay from?
And there were many things that most likely wouldn't have happened if it not were for the 3rd amendment. I would think so.
But I understand your explanation. With some expansion with those two questions if you don't mind.
Thanks.
When the 3rd is voided was the question and not a specific way of straightening out the mess. At least that's how I read it.
Voided would indicate the NWS never happened reverting back to 10%.
And if it goes back to 10% then they have been paid back plus some.
So question one is answered with a NO for conversion. No sp would exist.
Question 2 see above.
Question 3 Yet? Implies they will. We don't know anything.
Question 4 Who knows exactly? Not me.
Question 5 ?. Again not me.
Question 6 ? Not me again.
Question 7 ? Not me. Yet again.
But true depending on assumptions one makes your range makes sense.
If it is voided, we would still be waiting for full or final share price, but I can see it being a low of $6/$7 easy up to $20ish on short squeeze. A crazy short squeeze would most likely be followed by a pull. Remember we'd still be waiting on what happens with jp, warrants, and cap raise issue. Plus gov appealing verdict of course. The government would need a $14+ pps for warrants to be worth $100billion we keep hearing about. IF the warrants are used. IF.
BUT who knows when this all ends. Looking forward to good things for you and the rest of us.
This is all just my opinion.
I can understand your point of view, but it's far from nonsense.
Thinking of warrants as being totally unrelated to recouping of treasury "investment" is more likely the nonsensical view.
But....
JMO
How much will we get to see by August 19th versus after the trial? In percentage terms. 5% ? Or more like 50%?
Thanks, just wondering.
$till Holdin'. This should get interesting. Or not. More time that passes, the better it gets.
My opinion of course.
If warrants exercise from today or on they will officially TAKE whatever gses are worth today at fair value.
AND.....
A very basic way of calculating Market Cap and fair value is:
Earnings per year x a p/e multiple. ( 10x - 15x ) = Market Cap
Divided by true number of common shares. 1.8B (est) for both companies common
6 Billion a quarter (est) x 4 quarters = 24 Billion
24B x 10x(low side p/e) = 240Billion
240Billion / 1.8B shares common = $133.33 pps
If they rob 79.9% of that $240Billion Market Cap (low end)
They took $192Billion.
That's what they will owe.
$192 Billion. I'll take my cut through direct deposit. Thanks in advance.
Every one remain calm.
This is my opinion. R E M A I N CALM!
This I ask of you. Keep it civilized.
JMO
If they can print trillions, it's amazing how they need the real cash from FnF.
But, more is more I guess
Is it a possibility we don't see anything by or on August 19th?
Or is it set in stone more or less?
And any thoughts on how damaging we will be able to see, welcomed.
Thanks.
No dividends get split with govt common shares when the gov DOES NOT OWN common shares.
But the gov paying us back for the theft part, I agree with.
Sadly no. Facts are always relevant. Until it's ALL over it ain't over.
Sadly, I'll wait and see. Sadly.
They foolishly upheld nws authorized by HERA. Yes.
BUT>>>>>>>
Based on false information. If given the right info, would they still have ruled that way?
It would be considered an overreach of powers. So, I don't believe they would have.
They either weren't presented the proper facts or willingly ignored the truth and went with the govt's false narrative.
JMO of course of how things would have been and could turn up differently when facts are presented. Similar to Lamberth finding out he was lied to. Should produce a different outcome in my opinion.
Just my thought on the topic.
Is there a chance we don't see any info by Aug. 19th regarding case?
Like a delay of sorts.
Thanks
Understand your point and thanks for the thoughtful response.
p.s.
I hope you're wrong too.
I hear you on your points. I'm saying in this case I believe it to be different. It is unlike any previous ruling of fair value that I'm aware of. Unless the same situation has occurred and no one has mentioned it.
$41 Billion price you mention makes the most sense only if what I'm speaking of is overlooked. It would then be the best indicator.
I don't believe, again my opinion, that the outcome, if it comes to a warrant exercise and taking claim, is based off of these prices. They are not the true value of the companies. Where the gov and new investors plan to cash in $300B + from companies not worth $1Billion Market Cap combined. Not seeing this to come true.
These numbers are manipulated.
Unless you are telling me it is totally legal for some politician to say negative comments about the companies, get the price to drop, which has happened before, and then say "okay we'll cash in warrants at 0.20 cents /pps." Then they drop to 10 cents. And the gov just owes 10 cents pps drop? If that's what you are saying. I understand you, but don't believe it will work that way when it all ends. Again, if they even use the warrants. My opinion and speculation of course.
Thanks for reading.
JMOs
Just as I suspected. Horrible earnings just like brother Freddie. Sad.
I hope you know I'm joking.
L F G
Still holdin'.
It's okay. I figured it was implied after 14 years.
They need to get their act together. People are starting to talk.
What a joke.
$2.5Billion for the quarter? Is that all? No wonder they need to have such serious talks about how we could survive without the gov. And the kind of mess it would make to release such a company that is in such dire straits.
I bet Fannie reports similarly horrible numbers. Oh man, what will we do?
How obvious was the sarcasm? I tried.
Thanks for posts and updates Navy.
Looking forward to what's ahead.
Perfect example. How much more obvious does it need to be for a judge or jury or news? I mean, damn.
Thanks for that response.
Artificially suppressed prices based on lies should not be used by any reasonable person to come up with a fair value estimation for a takings. Plus, I don't fully believe it should be possible to not only use an artificial number that is influenced easily. Especially on an OTC exchange, but go back in time and choose any low number that makes it costs them the least to pay off.
What about this nonsense of going back in time and picking some really low number and waiting until courts force them into it and Fannie and Freddie are effin huge and then saying, "well, oh alright, we took them okay. When they were worth $1Billion MarketCap for both companies and NOW they are worth $360Billion." "Oh well, you can't punish us for the money WE made since taking, ONLY for the money WE took when we decide when we took it. And according to OUR calculations and "accountants" we only owe you $2Billion." "Cool. Next."
Supreme C then answers with "glad this worked out for all parties." and then thanks the govt for all their cooperation.
What a stretch.
If they take it now, then it should be what they are Fairly worth now. Not what it prints.
Just like JP should not be paid what they are printing. Bunch of rubbish. Full par and full value if you take it. And they have not done a secondary offering and have not used the warrants. So Common holders, 1.8Billion shares (est), own 100%. And JP are entitled to full par about $34B (est) plus any damages. That's right folks. You take it now, you pay what it's worth now. Not what OTC prints. What a joke.
Just a thought. MO
Either:
New investors were lied to about how safe and sound the companies were and that they Could and Should sink 100% of qualified capital into the GSEs, in order to convince them to buy preferred shares that they fully intended to steal. So the companies were horrible and we'll sell you bulls just to sell you on shares.
Or....
They were safe and sound and not lied to , but instead lied to after the fact concerning the takeover.
Being told that they weren't in good shape financially so that's why we have to take them into conservatorship.
There was a lie at some point. I wonder if pressed which they would prefer to admit to?
1. Lied to make the sell.
2. Lied to take into c-ship.
There is a third option. Admitting the truth.
Govt told the truth and gses were safe, but lied saying their new investment would be safe because they already knew they were planning on stealing. They knew the intentions of HERA before, during, and after the new preferred investors bought in.
Then were lied to about needing to place into c-ship.
Both very interesting and sickening at the same time.
Looking forward to explaining all of this away. Excuses can be made about how the gov is in control, but nothing is happening. We shareholders aren't through making a scene.
That's Just My Opinion. Kinda.
Ackman is wrong about 80% ownership. They hold 79.9% potential common ownership from warrants, but at that time and to this day the warrants have not been used.
So......
Govt owns NOTHING.
Plus they didn't save FandF, but maybe he didn't know that back then. Not many people did. It is an older interview.
But Ackman was right about how this is a great investment risk / reward scenario.
And govt made a bundle from this swindle
New admin or courts? LFG
I'll wait.
Though I might add this to your post if you don't mind.
As it pertains to the topic of scotus bs ruling. This is what is said and NOT what is being repeated on social media.
Injunctive relief is prohibited for any FHFA action “within the scope of the Agency’s authority as a conservator,” and
*ALLOWED ONLY IF
“the FHFA DOES NOT exercise
BUT instead
EXCEEDS those powers or functions.” Id. at 1776.*
(Above is a direct quote and not my words)
When looked at the truth behind what actually took place it would then qualify as exceeding those powers or functions. This last line is in my opinion that it exceeded the powers. But it is a strong opinion to say the least.
Thanks for reading.
Remember this oldie but goodie? Oh yeah. It was just hours before it happened.
Dang it. I'll still add, but dang it.
M I A
Wednesday, July 13, 2022 11:04:13 PM
Re: None
Post# of 726738
Serious question. Any guess as to when we pass 60 cents pps? When? by how much?
Thanks. Just wondering.
Thanks for posting video clip. Never seen it. It's weird to see any video coverage of this story. Even if it is an older clip.
Thank you for response. Was wondering how much time we have to add at such prices and if the selling pressure had stopped. Thanks again for your comment.
Serious question. Any guess as to when we pass 60 cents pps? When? by how much?
Thanks. Just wondering.
Just watched video. One of many reasons I am involved. Commons LFG.
Thanks for posting. Never seen the video.
Maybe. Maybe not. But we'll see. It will be interesting to hear their excuse for it. Like scotus explaining their ruling. I would have laughed if I didn't feel like crying.
Thanks for response.
Sounds much better. The wait has been long enough. Can't wait to hear some news come to light.
Thanks. Looking forward to it.
What is expectation of ruling release for Rop?
As far off as December this year?
Is that when Nws is tossed because demarco shouldn't have signed off?
We'll see.
Not an opinion. Questions.
I post my opinions and some facts and always let it be known.
If it isn't understood then there isn't anything I can do to help it. I never advise anyone to do anything based on my opinions.
Long FnF 100% Commoner
Donotunderstand, I cannot private reply. So....
When I say I didn't steal a car and I am wrongfully jailed for it, that doesn't mean I stole the car because the judge said so. Or because I am sitting in jail.
I either stole the car or didn't.
FnF paid the money back or they didn't. Making it official on paper doesn't change that fact.
It's been said by many, including the gov, that they have paid back the money.
It's fact. Otherwise that fact and others like it wouldn't been fought over in court to this day. We are looking for the fact to be acknowledged. It's still a fact.
Wrong again. I always say these are my opinions.
The part where I look forward to lp zeroed and warrants being tossed is my opinion/ speculation.
The part where they have been repaid is fact.
Otherwise maybe my thought isn't coming across the right way as you read it.
This is the internet and meaning might get lost over posting versus in person.
I understand all the facts and I know all the potential downside.
So there is no debate there. I own 100% common and it's not because I advise to own 100% common or to not own any jps. This is entirely my decision and for my own reasoning. Owning common doesn't imply a person not having done due diligence.
I state MY OPINIONS. I add a disclaimer at the bottom. Call me pie in the sky or wishful thinking, but I don't lie and I don't project my opinions as fact. I never have and never will.
Anything can happen. Whether it's all bad, all good, or anywhere in between.
We'll see. But of course.....
It's Just My Opinion.
Again totally false. I say in and at the end of pretty much every post of mine that it is JMO. Just My Opinion.
Yes, I said it. The government has been paid back that is the truth. Not opinion.
Plus I addressed the equity vs debt issue you raise. Semantics. You know exactly what was meant, but if you didn't...Now you do. We know why sp was issued why get into a war of words.
It does matter what "bless" means. They didn't bless what happened. Only what they think happened. Kind of like the untouchable Confirmed Director. He/She was okay until they weren't. Just give it time. Truth should come out. But if it doesn't then maybe YOUR opinion will come true.
Also, I never said me calling conversion or warrants "garbage" changed anything. Just sharing an opinion. But you knew that too.
Similar to the dozens of repeated conversion and dilution doom and gloom I get to skim through daily.
Thanks Again.
JMO *Just My Opinion