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Hey Com,
Maybe you can answer a few questions for me and everyone else who visits this board.
1) When is the Q1 report due out?
2) When will Mark Ashley's position as CEO be officially acknowledged/announced?
3) When will data about the stock purchase warrant that you received become public?
That was my post.
The site admin deleted it for being "Off-Topic".
I personally thought that prognosis was bulls**t, since the topic is this stock, but whatever.
Nearly zero volume during the typically highest volume period of the day?
Hmm. I personally can't see this going up today. HOD is in or coming shortly, IMO
Good luck today, longs!
Thank you, MrDD.
If you have DD'd my posted opinions (unlikely) you would be aware that I concur. It is nice to have some honest support. I sincerely appreciate those who are capable and willing to post realistic opinions, despite the fact that they may sometimes convey unfavorable short-term forecasts. I am following you and several others who share this characteristic.
Good luck in the coming days, everyone. I'm a fan of the Bollinger Bands. I am personally looking to get back into FNMA around mid-to-upper 0.60s but I'd like to see a confirmation of a turn-around prior to taking a position, so the bottom of a possible down-trend is unlikely to be my entry. Note: the lower BB is currently at 0.62.
I am a novice sharing my novice opinions. Make your own plan and stick to it.
Can we get some T/A for the current charts?
Closing at LOD looks bad - whether it was manipulation or not, it will affect the public short-term opinion and therefore the near-term share price.
I warned of this last night. Compare the data from April5:April8::April15:April16 (analogy) and observe the pattern of the days in-between, are we in for a similar down-trend like the one that followed the 8th?
http://otcshortreport.com/index.php?index=FNMA
I would like someone to explain what it means when the down days have significantly higher volume than the up days
When is the Q1 filing due to be out?
I read the entire 10-K, not quite what I was hoping for - information about superlight is super-unimportant to shareholders.
How delightful that there are ~54.2 million O/S shares!
Yesterday and today will look exactly like April 5th and April 8th. Relatively the same relationship exists between the two bolded parts with very similar patterns before each of them. Will the days to come after April 16th be similar to those that followed April 8th? You be the judge!
Date VolShorted High Low Close Chg ShortVol RegularVol
Apr 16 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Apr 15 33.41% 0.79 0.72 0.76 +4.11% 5,464,760 16,355,145
Apr 12 32.81% 0.74 0.68 0.73 -2.67% 5,923,692 18,053,432
Apr 11 27.51% 0.82 0.75 0.75 -7.41% 7,367,332 26,776,511
Apr 10 31.35% 0.87 0.80 0.81 -5.81% 8,414,438 26,844,095
Apr 09 34.43% 0.92 0.86 0.86 -4.44% 5,603,938 16,274,569
Apr 08 37.75% 0.92 0.87 0.90 +3.45% 6,391,452 16,930,054
Apr 05 36.35% 0.90 0.78 0.87 +2.35% 7,135,913 19,630,407
Apr 04 38.56% 0.89 0.81 0.85 -5.56% 6,803,665 17,644,364
Note the higher volume on the down days.
Middle BB @ 0.81 = intact resistance
Saw huge selling volume in .80-.81 range
Facts, not bashing.
You better make a new diagram of your triangle - that one is out-dated.
This is staying below the middle BB so far.
http://stockcharts.com/h-sc/ui?s=FNMA&p=D&yr=0&mn=1&dy=0&id=p45503058960
I presume that the excitement will dwindle after people realize this won't be allowed to break 0.80.
Very similar to how we all felt after not breaking 0.90 last week or the dollar-mark the week before. Unfortunately, close only counts in horse-shoes and hand-grenades.
Accordingly, I believe those defeated soldiers will sell their shares and the downtrend can continue as scheduled.
Note: If we break 0.80 things may take quite a different turn. Good luck!!
All of this is my novice opinion.
Sweet deal, I read everything they have so far. Nice to see that they have 100% stake in the Divide property. I guess the surveyor got tired of waiting and therefore did his work for free?
For god sakes. Someone SELL TO ME PLEASE
Good morning, everyone!
ARCA was like KING KONG today... I wanted to see someone just buy all of those 250,000+ shares at 0.80 all at once.
What else can you expect from the standard daily morning-bump. Looks like a nice gradual climb is ensuing here.
Looks like I picked a good time to stumble upon this stock
Just received my IHub awareness email. Anything good going on here? Any merit to the claims?
for sure it should be out today. It is possible that it won't be out and that may or may not be a good thing.
Ultimately, we all expect it to be on time and the deadline is today.
I hope that you are right, rjrcortes.
I could not begin to speculate on the best place to buy but I do believe it will be a week or two into the future. That being said: I will probably miss it. I bought at 0.62 on the way to 0.51 last dip and at 0.62 again on the way up.
There are others here who can offer a meaningful approximation of the lows to come.
Good luck to everyone!
Only the MMs and shorters will be laughing from now until this time next week.
I appreciate your posts and the posts of all of the T/As whether they agree with each other or not. Please keep it up guys, thank you.
Most of you seem to be missing the fact that everyone posting here would like nothing more than to see this stock go to the moon and beyond. The current facts about the situation are just not supporting that type of move.
How many consecutive days will the majority of you agree with those who post here about it going to $2-3 dollars on a daily basis. I have yet to realize such gains which have as of yet only been obtained in dreams.
I am not saying that it won't go there but I AM saying that IT MAY NOT and I'm prepared to increase my position by buying low and selling high in the mean time. And there will be plenty of time to do so as we wait another month for the Q1 report.
Agree or disagree as you wish but I would advise you to take heed and pay attention to the FACTS. Density_altitude called today's close and was on par with me, and several others, who are given a bad name by most of you for talking about Fannie both realistically and properly.
At least what we are predicting is coming true. It is criminal to delete reasonable posts that contain nothing but facts.
Perhaps it is awake but that is old news and will not be reflected in the PPS as noticeably in the future.
Seems my intuitions about today were correct:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86845187
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86847785
Note: I am not naive enough to believe my posts here will affect the stock price, instead, I am trying to create a meaningful honest conversation in hopes that we will all make money as opposed to losing money.
Date VolShorted High Low Close Chg ShortVol RegularVol
Apr 15 33.41% NA NA NA NA 5,464,760 16,355,145
This is telling me that the MMs are still doing whatever they please with this stock.
finance.yahoo.com/q/sec?s=JALA+SEC+Filings
REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH, REFRESH!!!!
I'm hardly qualified to be providing you with investing advice, in fact, no one on this board truly is. But, being that I've been watching FNMA on a daily basis with level 2, and reading every single post on this board for a month now, I have generated some ideas which I will share with you since you asked.
The market moves on speculation. The fact that the DTA will be released, or that there are bank settlements underway, have not been ignored. They have been accounted for in the PPS and will likely have a positive impact on the PPS again, for a brief period, after they have been announced.
People seem to be thinking that Fannie is making a tremendous profit on the order of $50-100 BILLION but these are coming in the form of a one-time use type of deal: DTA, settlements.
Also, the government is seriously helping FNMA right now by purchasing something on the order of ~45 billion dollars in Mortgage-backed securities(MBS) (per quarter?). What will happen to the profit once this policy is ended? Well, the conservator and other budgetary policies are driving up FNMA guarantee-fees (G fees) which substantially increase the profit that Fannie will make on any future loans they buy.
With such a long period (about 1 month) before the next earnings report comes out, I think the interest from new buyers, and people who have sold in the 80s-90s waiting to get back in, will be low until we get closer to May 10th (the deadline for the Q1 earnings report). MMs have been manipulating this stock and may have an incentive to drop the share price during this purgatory-like waiting period - for one reason or another - namely scaring people out of their shares to decrease their cost basis or to cover any short positions they have for profit.
Today, I am seeing MMs who are driving the price up on low volume. There were other days where tons of buying didnt budge the share price up by more than 1 cent. Today we jumped up several cents on almost no volume at time. This is a good sign for longs but don't expect the MMs to be nice with any games they are playing. They may trigger a buying spree by running it up fast and then try to steal the buyer's money by dropping it and causing them to panic-sell or stop-loss selling. No one knows, I hope this was useful, GLTU!
Yes, say more.
I'm failing to see why this should continue to move up. This morning's buying was most likely due to new investors brought on by the CEO interview and the Money Runners group - they are one-time pushes.
Now that they're over, and the volume has dried up due to a lack of any substantial developments, one way or the other, this will continue to slowly die off through the afternoon IMO
Back on track to 60z, maybe 50z, since the earnings report is nearly a month away still. The only good reason I was able to come up with not to sell and wait to buy back in a week before earnings was that they can report a bank settlement from UBS or some other at any time.
GLTA All of this is my honest novice opinion.
Oh, thanks for clearing that up.
I guess the due dates for annual reports are determined by industry?
xD Don't remind me.
How is that possible when volume dries up? Today's volume is really low for the beginning of the day and it only gets worse toward the afternoon.
Q1 report comes out tonight?
Good time to sell? IMO
Text-book gap and trap forming?
Friday was a great time to create some bullish short=term-chart signals.
Reversal on news out? How much will she go back up?
Fannie Mae Multifamily Kicks Off 2013 with Robust Issuance in the First Quarter
Last update: 4/11/2013 10:30:00 AM
WASHINGTON, April 11, 2013 /PRNewswire via COMTEX/ -- Fannie Mae (FNMA) announced today that the company issued approximately $8.2 billion1 of multifamily MBS in the first quarter of 2013, backed by new multifamily loans delivered by its lenders. Fannie Mae also resecuritized $3.2 billion of DUS® MBS through its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS(TM)) program in the first quarter.
"The momentum in the Agency CMBS market carried over year-end and into 2013, and DUS issuance continued to be robust in the first quarter," said Kimberly Johnson, Senior Vice President of Multifamily Capital Markets, Fannie Mae. "Resecuritization activity has remained stable in the first quarter despite interest rate volatility, and we are on pace to exceed $10 billion in GeMS issuance this year."
The company's DUS MBS securities provide market participants with highly predictable cash flows and call protection in defined maturities of five, seven and ten years. Fannie Mae's GeMS program consists of structured multifamily securities created from collateral specifically selected by Fannie Mae Capital Markets. Features of Fannie Mae GeMS have included block size transactions, collateral diversity and pricing close to par through Fannie Mae's multifamily REMICs (ACES®) and multifamily Mega securities.
Highlights of Fannie Mae's multifamily activity in the first quarter of 2013 include the following:
1) MULTIFAMILY MBS BACKED BY NEW MULTIFAMILY ACQUISITIONS New multifamily MBS business volumes in the first quarter of 2013 totaled approximately $8.2 billion.
2) FANNIE MAE GeMS & ACES ISSUANCE Issuance of Fannie Mae's structured multifamily securities created from collateral selected by Fannie Mae Capital Markets totaled $3.2 billion in the first quarter of 2013. This includes three Fannie Mae GeMS REMIC transactions. In addition, Fannie Mae issued one multifamily REMIC backed by $300 million of dealer-contributed DUS MBS in the first quarter of 2013, adding to the liquidity of Fannie Mae DUS MBS.
3) FANNIE MAE SALES Fannie Mae Capital Markets sold approximately $3.7 billion of multifamily mortgage securities from its portfolio in the first quarter of 2013.2
For additional information about Fannie Mae's multifamily MBS products and issuance please refer to the Multifamily MBS webpage and the MBSenger® Publication "Over Twenty Years of Multifamily Mortgage Financing Through Fannie Mae's DUS Program" on fanniemae.com.
Fannie Mae GeMS Issuance in the First Quarter of 2013
FNA 2013-M4, Priced on March 13, 2013
Class Original Face Weighted Coupon (%) Coupon Type Spread Offered
Average Life Price
ASQ1 $34,700,000 2.37 1.064 Fixed Rate S+16 101.00
ASQ2 $547,662,561 4.81 1.451 Fixed Rate S+24 101.00
X1 $582,362,561 4.19 4.123 WAC IO J+55 16.11
ATS1 $37,800,000 4.69 1.574 Fixed Rate S+35 101.20
ATS2 $284,121,566 8.67 2.608 Fixed Rate S+58 101.00
X2 $321,921,566 8.20 1.154 WAC IO Not Offered Not Offered
Total $904,284,127
Lead Manager: Credit Suisse Co-Managers: Barclays and Goldman Sachs
FNA 2013-M3, Priced on February 15, 2013
Class Original Face Weighted Coupon (%) Coupon Type Spread Offered
Average Life Price
ASQ1 $16,000,000 1.48 0.478 Fixed Rate S+10 100.00
ASQ2 $404,057,120 2.89 1.083 Fixed Rate S+17 101.00
X1 $420,057,120 2.36 4.082 WAC IO J+100 9.36
A1 $80,620,000 5.34 1.585 Fixed Rate S+27 101.00
A2 $371,754,436 9.63 2.509 Fixed Rate / AFC S+46 100.25
AB1 $10,994,000 5.34 1.438 Fixed Rate S+37 99.75
AB2 $50,693,424 9.63 2.501 Fixed Rate / AFC S+60 99.00
X2 $514,061,860 8.46 0.209 WAC IO J+165 1.36
AL $186,744,887 17.09 3.346 Fixed Rate S+70 99.50
Total $1,120,863,867
Lead Manager: Bank of America Merrill Lynch Co-Managers: Citi and J.P. Morgan
FNA 2013-M1, Priced on January 17, 2013
Class Original Face Weighted Coupon (%) Coupon Type Spread Offered
Average Life Price
ASQ1 $20,400,000 1.76 0.492 Fixed Rate S+10 100.00
ASQ2 $576,834,779 3.60 1.074 Fixed Rate S+16 101.00
X1 $597,234,779 3.54 4.568 WAC IO Not Offered Not Offered
A1 $96,369,000 5.62 1.502 Fixed Rate S+25 101.00
A2 $427,888,395 9.40 2.365 Fixed Rate S+43 101.00
AB1 $13,129,000 5.62 1.367 Fixed Rate S+35 99.75
AB2 $58,292,955 9.40 2.386 Fixed Rate S+60 99.75
X2 $595,679,350 8.28 0.669 WAC IO J+160 4.74
Total $1,192,914,129
Lead Manager: JefferiesCo-Managers: Credit Suisse and Goldman Sachs
1Reflects unpaid principal balance of multifamily Fannie Mae MBS issued during the period. The number excludes Fannie Mae portfolio resecuritization transactions and conversions of adjustable-rate loans to fixed-rate loans and DMBS securities to MBS securities.
2 Includes Fannie Mae GeMS sold.
Certain statements in this release are forward-looking statements, including statements about our expected issuances in the future. Actual outcomes may differ materially from what is indicated by these statements as a result of many factors, including market demand, macroeconomic and housing market conditions, interest rates, GSE reform, and other factors described under "Risk Factors" in our most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"). In addition, not all securities will have the characteristics discussed in this release. Before investing in any Fannie Mae issued security, you should read the prospectus and prospectus supplement pursuant to which such security is offered. You should also read our most current Annual Report on Form 10-K and our reports on Form 10-Q and Form 8-K filed with the SEC available on the Investor Relations page of our Web site at and on the SEC's Web site at .
References in this release to dollar amounts and securities issued and/or outstanding refer to unpaid principal balances and do not reflect market valuation or other accounting adjustments.
Fannie Mae enables people to buy, refinance, or rent a home.
Sub-0.75 I don't see this recovering today on such low volume. Repeat of Monday/Tuesday.
Maybe, just maybe, the CEO on TV will produce a surge but I don't see it being that likely to be a huge positive influence.
JMO
I made a mistake today. I jumped out because Fannie was breaking my heart. I'm new to the market and this is my first profitable long position in 2.5 months. So stressful to watch her in the low .80s
Anyway, I found some nice news here for all of you. I will be looking to get back in as soon as possible and will consider making a small portion of my investment into the preferred. Regardless, I think common has a much faster and bigger profit potential.
The housing and financial services industries oppose that approach, saying some federal support is necessary to make sure home loans are still widely available.
In the coming weeks, House Republicans plan to hold three hearings on the housing market, focusing on “how to wind down the operations of Fannie Mae and Freddie Mac in order to protect taxpayers,” Mr. Bachus said.
http://blogs.wsj.com/washwire/2011/01/31/rep-bachus-blasts-administration-over-fannie-mae-freddie-mac/
http://blogs.wsj.com/washwire/2011/01/31/rep-bachus-blasts-administration-over-fannie-mae-freddie-mac/
and if not?
Freddie is green, will Fannie follow?