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WTH is keeping this ticker alive?
No but its getting pretty scary. The economy more so than the virus.
Thats a fact.
I wouldn't count on them if there are any. I wont be surprised if we are back to low $1's like we had in late 2018.
Between the virus, no news, and OTC games...recipe for ugly.
This is not a place for the timid.
Cant blame it on FnF, but if this gets to the point where businesses and people are losing income/jobs, then houses go into foreclosers, guess which 2 companies are going to be on the hot seats.
We'll all be saying "See gooberment, you should have let FnF keep their profits/capital"
Gooberment will say "We dont care"
Same. I transferred funds to be ready but glad I didn't hit any "buy" buttons yet.
Yep, many stocks going back to red. This didn't last long. Its going to be a long ugly summer unless Corona goes into hiding.
More videos of people fighting in the store aisles over toilet paper.
Did these people not wipe before Corona!?
Well, it happened faster than I thought it would.
Thanks a lot Corona!
Yep. Time to buy but not everyone is going to line to buy these when there are thousands of other stocks that are dropping like rocks that aren't in limbo and under gooberment control.
52 week low is good to look at...Except when its an 11 year low.
GLTA
I dont doubt it. Unless some "hallelujah" good news comes out about the virus and/or the GSEs.
Hard to predict for anyone, with whats going on globally.
Once this is over, we'll get some sort of good news and it will be back over $3. Just a shame it always has to recover instead of going up from a previous high.
Yep. Its ugly everywhere.
I'm buying but I'm going to wait to see how low this virus is going to take the market. Then with November coming, this could get a lot worse.
Most likely when this virus scare is over. If it continues over the summer, I wont be surprised if Ford drops below $6
Investors Unite should be organizing things to give us exposure. The plaintiff's attorneys should use the media.
Heck, if a handful of unknown politicians can organize a trip to the White House to hand deliver a letter to the President, asking him to pardon the ex-mayor of Detroit (a convicted felon who stole millions from "his people") then why not us?
Without the media/people, OJ would be in prison.
Without the media/people, we would've never heard of Rosa Parks.
"We need exposure", yes we sure do.
I think that cookie had mold on it ;)
Just curious, do you know how to respond directly to the post that you are responding to?
Its a bit confusing when you are responding to someone's post with a new message.
The Supreme Court has deferred acting on appeals in a multibillion-dollar lawsuit against the FHFA while it considers the CFPB clash.
Fanniegate is going to give Artamène ou le Grand Cyrus a challenge for longest story.
Lately they do. Unless there is news or Calabria making anti-shareholder comments.
Its not just here.
Yes. Which is why all other stocks are green, including FNMAS
<end sarcasm>
This morning, ACGA is attending oral arguments at #SCOTUS for Seila Law v. CFPB, which has implications for @MarkCalabria’s tenure @FHFA and remedy for #GSE shareholders. #Collins pic.twitter.com/MHNeJL0wmv
— ACG Analytics (@ACGAnalytics) March 3, 2020
Are you saying after these are released that his job is over?
Bankruptcy imminent. Proceed with caution.
No bad news? Calabria running his mouth and the stock market tumbling were a recipe for this to drop big. I'm actually surprised it didn't drop more.
Although his comments weren't exactly "news", they were reckless and had an adverse effect. I still say if he isn't in violation of the SEC, then I'd like to hear an explanation of why not.
He did say it. But I agree, I want to hear what the courts say, not someone (Calabria) who talks out of both sides of his mouth.
So you want to sell when the market is down biggly and Ford is at an 11 year low...
I cant help to think of the timing of this whole thing. I'm not a conspiracist but damn this seems fishy.
Never thought I'd see Ford below $7 again. 11 year low.
I'll be adding but where is bottom? If the Coronavirus doesn't get under control by this summer...oh boy.
Some think the price will only go up if there are more buyers than sellers...which is false. Especially on a manipulated exchange.
Almost the entire market is doing that today.
If this uncertainty continues through the summer, November should be interesting.
U.S. Securities and Exchange Commission
Thank you for contacting the U.S. Securities and Exchange Commission (SEC) regarding your concerns about statements made by Mark Calabria.
The SEC’s Office of Investor Education and Advocacy processes many comments from individual investors and others. We keep records of the correspondence we receive in a searchable database that SEC staff may make use of in inspections, examinations, and investigations. In addition, some of the correspondence we receive is referred to other SEC offices and divisions for their review. If they have any questions or wish to respond directly to your comments, they will contact you.
Thank you for communicating your views.
Sincerely,
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(Wont ever amount to anything, but at least its recorded)
If his words aren't in violation of the SEC I dont know what is. One month he says "We'll wipe-out shareholders if need be" and another month he says "shareholders will be heavily diluted".
I cant believe some people say this guy is on our side or want to give him a pass.
He is against all shareholders no matter if there is a letter behind the ticker symbol or not.
"We dont have the authority today to wipe-out the shareholders".
Well that's good to hear from Calabria but obviously means he looked into doing it. Still undecided if this guy is a snake or not.
Happens all the time with reverse splits and bankruptcies. Granted these companies are not bankrupt but my point to your post is; new/future investors dont always care about what happened to previous shareholders.
Pressure on Ford-CEO Jim Hackett as stock drops
https://www.freep.com/story/money/cars/ford/2020/02/24/ford-stock-ceo-jim-hackett/4821205002/
Ok good. I like guarantees. Especially money-back ones.
If history is any indicator for these stocks, we probably wont see another .15¢ drop until after we see another .15¢ increase.
Wash, rinse, repeat.
GLTY