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Excluding last January's run up period from the 2018 tax loss selling, the 2019 low was $2.02 on 7/29/19.
Not likely nearly the investor incentive to sell for a loss this year, imho. Imho it could visit 2 bucks but blink and you'll miss it.
I'll add this is a "News'Driven Stock" so YMMV
You're a smart guy though
33K @ $3.70 bought on 9/18/19
smart
The Fox and the Grapes
ONE hot summer’s day a Fox was strolling through an orchard till he came to a bunch of Grapes just ripening on a vine which had been trained over a lofty branch. “Just the things to quench my thirst,” quoth he. Drawing back a few paces, he took a run and a jump, and just missed the bunch. Turning round again with a One, Two, Three, he jumped up, but with no greater success. Again and again he tried after the tempting morsel, but at last had to give it up, and walked away with his nose in the air, saying: “I am sure they are sour.”
“IT IS EASY TO DESPISE WHAT YOU CANNOT GET.”
Steve the Nooch [Die Moritat von Steven Mnuchin]
A Moritat is the medieval version of a Murder Ballad; a genre fit for #Fanniegate, as every quarter Steve the Nooch steals the life out of Fannie & Freddie shareholders. This ballad has pictures, just like the old Moritat singers, only instead of painted on canvas they are painted in pixels...
Government's Got The #FANNIEGATE BLUES
It's about time...
GSE's Are Bound To Roll HAHA
Told ya so
GSE Investors Know
E for Evidence
Fanniegate Blues #5: E for Evidence, Judge Sweeney sees it
GSEs: The "E" is for "EVIDENCE":
Fannie and Freddie are indentured servants
"You're all a bunch of slaves"
--Jim Morrison
Oh, I read it.
I was mischaracterizing what is in the article on purpose.
Fannie-Freddie Investors Should Be Paid, Ex-Treasury Aide Says
That caught my attention too. I agree with Craig, existing shareholders should be compensated as part of any overhaul.
Dunnung-Kruger Effect
"" In the field of psychology, the Dunning–Kruger effect is a cognitive bias in which people assess their cognitive ability as greater than it is. It is related to the cognitive bias of illusory superiority and comes from the inability of people to recognize their lack of ability. Without the self-awareness of metacognition, people cannot objectively evaluate their competence or incompetence.[1]
As described by social psychologists David Dunning and Justin Kruger, the cognitive bias of illusory superiority results from an internal illusion in people of low ability and from an external misperception in people of high ability; that is, "the miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others."[1] ""
https://en.wikipedia.org/wiki/Dunning–Kruger_effect
"Where is the justice in this country anymore?"
haha, thanks for the laugh!
https://en.wikipedia.org/wiki/Category:Massacres_committed_by_the_United_States
Fannie & Fred House
Fanniegate Blues #7: Fannie & Freddie are Indentured Servants
Steve the Nooch (Die Moritat von Steven Mnuchin)
ONLY THE TREASURY
GSEs: Now, Not Later
Let the GSEs Rock
it's time to Let the GSEs Rock!
At the age of five, Kichizaemon Yamamoto’s father ordered him to take sword in hand and cut down a dog. At the age of fifteen, he was ordered to execute criminals. It used to be that a warrior was ordered to take a head by the age of fourteen or fifteen. Lord Katsushige learned to kill with the sword under the direction of his father, Lord Naoshige, while he was still very young. After a while he could cut down ten men in succession. In times past this was the practice, especially among the affluent, but now no one learns to kill while young. This is very short-sighted.
--Yamamoto Tsunetomo
#Fanniegate Flash Mob
Let's All Attend Sweeney Next Tuesday
Oral argument in Judge Sweeney's Court of Claims will be held on Tuesday, November 19, 2019 at 9:00 a.m. in the Howard T. Markey National Courts Building, 717 Madison Place NW, Washington, DC.
Let's All Attend Sweeney Next Tuesday
#Fanniegate Flash Mob
Oral argument in Judge Sweeney's Court of Claims will be held on Tuesday, November 19, 2019 at 9:00 a.m. in the Howard T. Markey National Courts Building, 717 Madison Place NW, Washington, DC.
it's time to Let the GSEs Rock!
GSE Hotel California
[correction, it was Curly Putman who wrote that one]
You'll have to ask Bill Barr, he's in charge of the DOJ now; but imho the DOJ's actions regarding #Fanniegate, across three administrations, don't reflect they ever have thought a crime occurred.
There may very well be, but there has been no will, political or otherwise, to do so.
The prosecutor in a federal criminal case is a US Attorney, [correction] there are 93 or so of them
https://en.wikipedia.org/wiki/United_States_Attorney
and they report to people who report to the guy in charge of the Department of Justice. Bringing criminal charges against appointed members of the government doesn't happen very often, but it could. Doubtful here in my opinion, as stealing the GSE's has and continues to be a moneymaker for the government.
Uh, private individuals cannot file criminal charges...it would require a prosecutor to file charges at the federal level. All or most elements of of a crime per a federal statute needs to be satisfied before a prosecutor would file charges. I'm not aware there has ever been any criminal investigation as regards the GSE Saga, it's doubtful to happen under the present administration in my opinion, and there are likely statutes of limitations in play (I haven't researched and I don't plan on it as i'm not a budding prosecutor but knock yourself out).
I was hoping Along would write up some dope lyrics, that's what he's known for, just ask him.
so you're gonna try "Buy and Hold"?
It may have worked out better for you, Common shares are up 1,100% in the last seven years, from 27 cents to $3.00, and they can easily go up another 1,100% from here in the next seven years.
The Mother of all GSE Ballads: The Ballad of Fannie & Freddie:
GSEs: Now, Not Later
What do you feed them for? Man, I shoot them, drown them, gas them, trap them, and they are still large and in charge at least some of the time. A worthy adversary.
"Licensed to kill gophers by the government of the United Nations. A man, free to kill gophers at will. To kill, you must know your enemy, and in this case my enemy is a varmint. And a varmint will never quit -- ever."
--Carl Spackler
#FANNIEGATE BLUES
Woke up this mornin’, turned on CNBC News
I woke up this mornin’, turned on CNBC News
The Government seemed to have the #Fanniegate Blues
The Net Worth Sweep is the talk of this town
Third Amendment Sweep [Lord] it’s the talk of this town
Shareholder profits stolen and the Senate ain’t even around.
GSE YIELDS FOREVER
Fannie & Fred House
GSE Investors Know
SECRET TREASURY PLAN
GSE Ballad: Where Did All the Profits Go?
Here's something to ponder about Fannie & Freddie: