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I called it...
Distraction incoming.
IG report out.
Next potus declas.
During the confusion...
Release and recap.
Wanna clear path...
I offer Horowitz and declas of fisa.
Timing is key.
All of this is gonna keep the news media busy.
Share price may not move much until this news cycle ends.
Its happening.
They will be paid a par.
With new debt/equity at the super low interest rates coming.
Remember that yield curve? Its working for commons nicely.
They will never be commons or have shareholder voting rights.
The time for debate is almost over.
Lets just all stick to HERA...
Comfy.
basically,
and this is in real simple terms...
FNMA needs to refinance its long term JPS debt.
Issue new JPS at a lower % rate.
Cost to service to loan goes down.
Pay off all JPS with the new JPS Debt.
Simple.
JPS goes away...Commons go to shareholder meetings.
Can be done quick and easy.
If you apply HERA, which is the law...
Preferred shares have zero chance of being converted to commons.
Its illegal.
Mark said over and over..."what does HERA say?"
The secret plan is there is no plan...only follow the law which seems to give some heartburn.
The term non-convertible is non-negotiable.
Arnold, the intensity is intensifying.
Only happy dividends for common shareholders...foeva.
Sorry prfd frens.
yelp, and thats why the remedy in the Collins case is so simple and easy...just a little accounting change.
it takes away the argument that the gov cant afford the remedy.
Where are you travelling to Wen.?
Missed Arnold...lol.
If I offer to buy you a drink and then start walking out to the truck...its because my beer is outside in the cooler.
I spent all my free money on FNMA shares, but the beer is cold.
Promise.
Sunday fun day...:)
A better question is how did someone buy this at 20 years of age and not sell it to buy a new playstation?
(You) have got determination.
Its definitely coming to an end point.
Im tired.
Its been an arduous journey.
I was swagging next qtr. as well.
regardless, its alot more than current PPS.
Spooky.
20 Billion dollar tax credit
1.2 Billion shares outstanding
16.666666666666666666 per share value based only on a tax credit.
just looked like a spooky number.
I think the first step should be give back shareholders voting rights.
Let us vote on a board of Directors, then a CEO...Then we talk about whats best for the company.
Waiting on En Banc...
when you get a letter in the mail asking you to vote...then your property has been restored.
otherwise we are still hijacked under a conservator.
Fox is not active on Twitter.
Look at the last tweet they made.
11-08-2018
Probably better off to tweet Maria B.
I was being serious.
First Shareholder meeting:
after release...whos in?
Gap on FNMA and FMCC seems to be spreading.
I hope someday they trade independently.
Put me down for a room with a king size bed and Jacuzzi.
When the Feds drop the rate...how will that affect our bottom line profits.
Im sure it would be a bad guy on Revenues...
But, it could help to issue new JPS at the lower rate to pay off legacy JPSs which are higher rates...
Thoughts?
Watt was horrible for FNMA.
Had Watt done his job instead of chasing women, we would be out of conservatorship.
We ran almost ten years with zero capital.
Watt was not our guy.
We think a little differently.
If they are saying they are considering it...its probably in the works or already a done deal.
Our government does not make a statement like that unless its in process.
Thats a stretch...but it would obviously open up a new market.
I could see vacation homes being snapped up.
Nothing big enough to wake the vikings...but maybe a few extra pennies per share on a divy.
Thats alot of shares that will run free someday soon.
Oh...I agree with you.
Im skeptical until proven otherwise.
Its served me well being a shareholder.
website looks legit.
https://www.acg-analytics.com/team/
I would agree on that timeline being unfavorable for JPS because they are a one hit wonder...after par its over.
However, with the common...divys pay forever.
Time is on our side.
Pref Shares want out quick.
Im personally good with a 5-10 year plan.
20 year would be my max.
Gotta live some in old age.
The leadership knows they have to release this with a cover of other news to keep everyone distracted.
I think the news cycle is aligned for a quiet release without much fanfare.
If you look at all the news leaking...Epstein, FISA 302, all of it really really bad for the upcoming Democrats.
Not being political, just stating facts.
This news cycle will provide cover for a FNMA release.
Ive said it before, when the DECLAS by POTUS of the FBI 302's on the Russian narrative hit...its release time for the GSES.
Its all a show...enjoy it.
Until then...stay comfy.
Changing the Constitution requires 2/3 Congress votes.
Introducing HERA only required 51%.
Yelp, thats why they did it that way.
No way they could ever get 2/3 votes to make the taking legal.
Never happening.
It was Unconstitutional from the start.
They will hold a big voting block when our rights are returned.
I personally see that as a good thing. Especially, for those who dont mind riding their coat tails.
Any given Friday.
GLTA
Has the float changed?
Volume is suspicious.
Just trust the plan.
It may not be perfect but it's better than being in limbo.
https://www.foxnews.com/politics/pelosi-and-mnuchin-have-been-chatting-on-the-phone-possible-indicator-that-theres-a-debit-limit-issue
Looks like Sept. is when the money runs out.
Bloomberg news so fake even the President's office calls BS.
Its manipulation.
They know.
The low volume yesterday told me people are locked in and waiting on En Banc.
I think today or next friday we could hear a result afterhours that was the dates Ive had marked down since the trial.
6 months is up.
Alot of other distracting news is gonna come out soon. Alot.
I suspect it will provide a huge media cover to release these without alot of fanfare.
Expect to see sideshow...ie Mueller on the 17th. Bait.
possibly a FISA declas right after...<hugely embarrassing.
All smoke and mirrors.
That last min letter was MC taking a dive on this case but, leaving the power of the position open for future review.
My opinion is worth zero...but getting to see this debacle come to an end is gonna be truely worth the 10 years of misinformation and heartburn from so many.
Its how the swamp works.
GLTA except shorts.
Ok, so basically the court will not allow an agency to continue if:
The agency breaks the law and or is bad actors hiding behind the badge of goberment.
Not good for a quick preferred payout.
The courts are bringing balance back.
Not a receivership.
On second thought, we did break the law?
Did anyone figure out who or what firm purchased the 14 million shares the day that the article was released causing a nose dive?
I do hope that was investigated.
Its hard to prove.
Thats why the punishment should be harsh if convicted.
Again, MC is on vacation in Italy.
I doubt a serious conversation went on without him being present.
I find it odd they all met while MC was on vacation in Italy.
Hmmmmm.
Ok.
Lets say that En banc finds NWS is illegal.
Rememdy...a simple accounting change.
After that we have 300 billion on the books.
How do we spend it?
I say pay off all JPS first.
Use the rest for capital cushion.
A simple 300 billion dollar accounting change.
??