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That article is bullish. What r u smoking?
I thought they only ruled on Tuesdays and Fridays.
Then that must mean they posted early, right? Is that unusual?
"What does A Att court case have to do with Fannie Mae ?"
That is where the Perry Appeals ruling will be listed either Tuesday or Friday. From 8:30 to 11:30 Eastern Standard Time I believe.
Opinions out.....nothing for us.
https://www.cadc.uscourts.gov/internet/opinions.nsf
No Opinion today is the most likely scenario which reverses this rise, but will set a new higher low to work off of next week.
Vol says we pull back and take another run tomorrow
LOL. This is a different tone and choice of words. You're not along4zride.
Pretty sure that's more than three words.
This is trading like we're going to get news within days/weeks. Not sure if that's reasonable
Diminishing vol and perhaps weeks/ months before Perry ruling.Back to reality for a while with finger always on the trigger.
Absolutely nothing we did not know already, but shows just how much interest/eyeballs we have on this when a twit saying they're going to work on a solution for fnma gives such a response.
no court ruling that i can see
I attribute this dump, at least in part, to the irrational exuberance expressed on this board.
I don't know about "the election had nothing to do with the upward momentum", but I can't help thinking that to the extent that the last three days action was trading merely on election results.... IF and when the courts rule in our favor...this stock is going to skyrocket. In any case, the market has tipped its hand. I already had several fill failures Friday because of my non- aggressive limit orders.
My trades were not filling on thinkorswim, but that was blatant high frequency trading shutting me out, I guess. Trading would jump just above my buy orders the instant I placed em. (Limit orders)
Every time.
I did call them about the level two though that showed mm quotes out of sequence all day long. (mainly the top quotes on both bid and ask were not the closest to the spread as they should have been)
They said they didnt know what was wrong but to click on the menu at the right side to hide, and then show the level two in order to "refresh" the quotes and that seemed to help very temporarily. It mainly seemed to not be able to keep up with the high vol of trades. Also cancelling an order would show as "cancelling" but not clear my screen on the graph for many minutes. Very conspiracy theory facilitating and very annoying. They should have been able to handle today's vol easily.
You are not very observant. The percentage move and volume make this quite unique. That and the staying power. Big money realizes this is the time to belly up to the bar and place their bets because it's not likely to be substantially cheaper until/unless the courts rule against us.
Anyone else having trouble with trades filling? Mine take forever. Unusual for ameritrade.
This is trading like somebody knows something. Not saying they do, but it's trading like it.
Wow, great find
Any ideas when this might start trading again? How long does it usually take?
Thanks Navy. That unfettered monarchy is about to get some serious fetterin'!
That makes me worried it's a head fake. They may pull the bid as soon as they feel we are at the high of the day and let it collapse.
I don't understand why this stock is going up. It will take months before we get any ruling. Anyone care to fill me in why they think there is short-term buying? tia
Why doesn't someone ask him? I couldn't find an email address
The herd mentality here is jaw dropping. Somebody gave them a whole 1.1 million dollars in exchange for convertible stock at a price lower than yesterday's close. It shoots up and you people think that they're not going to exchange it and sell it? This is the quintessential death spiral funding that all desperate companies are relegated/resigned to. I hope ASTI can someday get a portfolio of products together to become profitable but some of what they offer, the Chinese have been offering for many years. I get it that most bulls here are just playing the game. But some people don't know the game being played and they will lose money getting in late. Here's hoping asti eventually gets the breakthrough they need to get back on their feet. They just might someday.
Anyone know what Perry's common holdings are?
Patswil,
Like I said it's a small error?/typo?/fix. In the first line, just change "Rev" to "Earnings" or "Earn".
Of course what the PE Ratio should be, is a debate for others. :)
Lol. He also doesn't understand the difference between revenues and earnings nor the fact that the e in PE ratio stands for earnings not revenues. I've pointed this out twice before only to be ignored. A small thing to complain about but also an easy thing to correct.
Your quote stream must be having issues. Trading on my screen.
rekcusdoo, can you please explain the implications of this denial? If this isn't THE Delaware case then does it hurt us, and if so how much? Thanks.
My guess is your dram is starting to go. I have a laptop like that. Everything is delayed.
re: "$11Bill Rev"
Patswill, don't u mean $11Bill earnings? The "e" in p/e stands for earnings not revenue.
It is good to pay attention to where they are putting their money. I don't know the complete answer to your question. But I do know investing in certain stocks has to do with the overall situation of the investor. Like micro-cap vs. mid and large-cap stocks. Someone with a lot of money to put to work and low risk tolerance may choose the preferreds. While someone with less money and a higher risk tolerance, and who perhaps is more nimble...because of their small balances... and able to watch the market continually everyday may choose the commons. Also, as recent monumental blunders by large funds has proven...all too often the "smart money" is fallible.
I would like to hear your answer to mhill's question as well.
I'm all for apple pie if it makes me money. That's the only reason I'm here.
Did I miss it or has there been no discussion of this? Can anyone tell me what the implication of this is for us shareholders? tia
$FNMA #FANNIEGATE Posted on August 22, 2016
Re: Edwards v. Deloitte –
Judge Scola entered a paperless order this morning saying:
“The Court grants the Joint Motion to Extend Deadlines. Defendant Deloitte & Touche LLP’s response to 23 the Plaintiffs’ Motion to Remand is due on or before September 14, 2016. The Plaintiffs’ reply is due on or before October 12, 2016.
Further, in light of the Federal Housing Authority’s Motion to Substitute as Plaintiff, the Court grants the parties’ request to extend the answer and meet-and-confer deadlines.
Substituting the Federal Housing Authority, if it occurs, could drastically alter this case.
Therefore, in order to conserve judicial and party resources, the Defendant’s answer to the Complaint is due within thirty days of the Court’s order on the motion to substitute.
Because this case was removed from state court, the parties must meet-and-confer within 21 days of Court’s order on the motion to substitute.
The Court notes, however, that it cannot rule on the motion to substitute until the Plaintiffs’ attack on the Court’s subject matter jurisdiction has been resolved.
Therefore, no other extensions of time will be given on the motion to remand absent extraordinary circumstances.”