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Good day to wake up, sober up and smell the coffee. Let’s review the brutal facts to bring some back to reality.
Brutal facts: (FNMA)
This thing traded briefly over $6 briefly on less news. Those days are over.
Man in charge stated publicly shares could be canceled. Fact.
IPO will lead to dilution. Dilution dilution.
Conclusion: Probably best to quit fooling one self and believing this stock will make one money. Unless you got in at a buck you are underwater. Plenty of opportunities out there without the massive risks associated with owning this stock.
Fannie Mae accidentally spilled the beans on the impending housing market crash.
Opps cats out of the bag.
“ Fannie Mae’s home purchase sentiment index decline 2.7 points in October”
“ only 21% of Americans say now is a good time to buy a home”
“ The US housing market is on shaky ground as consumer submit begins to sour”
I hate to tell you.
Gee that’s some swell news fella unfortunately I don’t think many here are looking to purchase a home especially with mounting (FNMA) stock loss compounding daily. Plans for vacations and new car purchases are on hold as well as stock continues to take a beating. Most are licking their wounds at this point .
I am a whistle blower (FNMA).
How many families were forced out of their homes just from being behind on a few payments ? First Fannie accept a loan from an individual that could potentially have problems paying and then when problems arise they throw them out of their home on the street . This is a unethical business practice. Payback will be dispensed in the form of massive dilution and dreaded R/S,
Sometimes the truth is hard to accept. Some stocks are bad (FNMA) investments. Lots of time people get caught up in release and recap hype with out realizing $187 Billion is still owed . That bill must be paid . Interest only payments do not pay down the principal.
It’s time to rethink our strategy here. It’s becoming glaring apparent that recent court ruling didn’t mean diddly-squat . PPS isn’t reacting favorably and there is no arguments there. What we need is a (FNMA) solution. It’s probably best at this point to lighten load or get out all together especially after man in charge is talking publicly about ending this common share charade once and for all ,
IM GETTING SICK OF THIS !
Can’t leave my screen for a minute.
Good thing I have good internet connection on my new power boat .
This thing is just barely clinging to life on (FNMA) life support and someone needs to just pull the plug already.
WHAT HAPPENED ? I was having a great short day experience and went out for some milk then MASSIVE FAKE HEAD FAKE. This is totally (FNMA) unacceptable. Expect massive correction tomorrow !!!
Gee that’s some swell news fella. Have you seen what’s happening to PPS. Time to get out bilge pump cause this stinker is a sinker. Distress flag is flying and everyone is waiting for the commander to issue the abandon (FNMA) ship order.
Oldie but goodie. Last time I checked stocks are suppose to go up in value . Not this one . Looks like highly respected trader has been right all (FNMA) along . This current situation tells board expert company plans on continuing without shareholders baggage. Probably best to get off at next stop before it’s too late .
“I don’t have any money to pay any damages “ .
Translation:
There are no damages to pay in the first place . Buying a (FNMA) stock is a risk . Everyone knows that going in. Just because things haven’t gone the way of hopeful investor and they had to go running home to mommy cause they lost their money doesn’t entitle them to one red cent .
She’s clinging on edge of PPS cliff by fingernails. Ready to plummet off next week . Gee I wonder why this piece of (FNMA) hasn’t been re listed. It hasn’t cause it won’t. Share cancellation has a way of making it unnecessary to bother to re list . You can draw your own conclusion by the way this has been playing out and realize this won’t end nicely.
It’s getting a little difficult to watch this stock fade into oblivion. Like a patient with a terminal (FNMA) disease that had has had every life saving procedures but no hope is left we have a similar situation here . On the bright side I have picked the name of my new boat.
“Fannie Sinker “.
Fannie looks good in red so I decided to buy my boat in Red from all my Fannie profit . Green is out of the question because like the stock when if it was green it would be fake (FNMA) like Fannie and not last long . I plan on flying my proud red short flag on my vessel for very long time . If you see me passing by make sure to wave .
HELP MOMMY!!!!!!!!!
Road map out of conservatorship could have a dead end for common (FNMA) shareholders. Sure a plan is out there but all I know is the man in charge was talking last week of wiping out shareholders. Last time I check road map key had a red circle with a line going through it where common shareholders were listed .
Been boat shopping today .
What (FNMA) plan ?
Should I return my borrowed shares on today’s news ? Nah I don’t think so . Finger was on trigger and boats for sale app was closed but it turned out to be a big (FNMA) nothing burger. Gee imagine that .
Fannie Mae have plans to recap and release but apparently the common shareholders will NOT be along for the ride.
A decision has to be made . Now that the GSE news has sunk in and share price direction (FNMA) has been established there is just one more decision to be made . Inboard or outboard. I’m thinking also possibly Sterndrive.
The sophisticated trader can identity a head fake . Low volume and slight increase in PPS in a established (FNMA) downtrend is a solid indication. 9 times out of 10 in this situation fake usually lasts perhaps one session or not even last the whole session. At any rate probably best to take minor profit before downtrend continues.
I’m throwing everything but the kitchen sink at it this week. Short into earnings. Works every (FNMA) time. Have my eye on power boat with profit from last week . Even signed up for basic power boat lessons to reduce insurance by 10% but it will have to wait . This trade is a lock . Double money and get possible luxury boat slip to boot.
SHE’LL NEVER SEE $3 AGAIN
In undiluted form or without dreaded R/S. Major announcement last week from man in charge that he is READY to throw greedy common investors shares under bus at any moment now. Evidence?
Total PPS collapse Friday before bell. Expect double the punishment tomorrow as the rapid plunge accelerates.
I’m looking for some more shares to borrow. Should be a great week for it. One must strike while (FNMA) oven is hot . Very hard to pass up low hanging fruit . I’ll put off buying my new sport boat from last week profit and add to my stack with a couple more very profitable trades this week .
Wipe out announcement is concerning. It is a warning from authorities. Anyone with any common sense or common shares knows you don’t yell fire in crowded theater unless there is one and you don’t threaten to cancel (FNMA) shares unless that was your plan all along .
When are they going to start paying back the 187 Billion ? All the payments made so far have been interest only . It will take (FNMA )decades to pay this off . I guess that’s why their is so much receivership chatter going on .Officials are getting sick of the taxpayers footing the bill for all Fannies poor business practices.
Yes . Yes I feel it too . I have a (FNMA) sixth sense. I feel PPS catastrophe ahead . Warning signals given this week . Perhaps I should have not returned those borrowed shares so soon. It’s OK being someone else will be there to lend me some next week .
Advice from expert. First you need the accolades:
Top (FNMA) Trader
Highly Respected
Impeccable record
Knowledgeable
Reasonable
Please remember “only a few times in ones life do they come across a true expert in ones field. The smart ones will acknowledge the fact and learn “.
Once again. Thanks to whoever let me borrow shares. They have been returned now and you can do with them what you wish .This is working out pretty (FNMA) good for me . Two major scores in one week !
Thanks again.
Probably not a good idea to hold over weekend after week of severe PPS beat down. Little fake recovery today (FNMA) was just that and downhill share price snowball will continue tomorrow. Expect false pop at opening bell to lure in more suckers I mean investors then rug will be pulled out before the future millionaires realized what just happened.
Total scam stock . One negative word from owners representative and PPS plunges. No one in right (FNMA) mind would consider owning this pathetic valueless stock . Wait until heavy dilution is announced then BOOM back under a buck . Some will never learn.
I’m again looking for some shares to borrow. Didn’t think the turnaround would happen so (FNMA ) fast but great opportunity has presented itself again. Only thing holding it up now is a few flimsy tweeters. Tweeters are peters.
Fannie needed to shed a few PPS pounds . Getting too fat for a old gal in such sad shape. Brutal verbal beatings from officials representing her owners are definitely taking there toll. I suspect the abuse will continue until Fannie is back in shape but by then it will probably be too late .
I returned the shares I borrowed. Thanks to whoever (FNMA) lent them too me. I will send a thank you note.
Is the dividend safe ? Well umm ok.
Off by four cents. I’ll try to do better next time. Believe me this is a severe (FNMA) blow to my ego being off so much but I didn’t see that cancel share gut punch coming.
X-ray vision ? You need time machine to tell us what is the dilution, IPO and R/S date. I use chicken bones thrown on ground. My method (FNMA) has been more successful thus far .
Show of hands . How many are expecting the big drop tomorrow as a result of Maxine taking commons out to wood shed. Expect it. Most here are use to (FNMA) disappointment by now so I fully expect every hand is raised . Next will be a estimate of PPS at closing bell. I’ll start $3.29 after the decisive shellacking.
I’m with Maxine. Distinguished Congress member ready to give well deserving hard working minorities home loans while shafting greedy (FNMA) investors at the same time . It will be pointed out the GSE’s are owned by taxpayers and all profits are owed to them to fund houses for the people not greedy investors new car or Vegas Vacation.
Challenging week ahead . Even though some issues are being resolved there are many (FNMA) that remain. Very very disturbing issues from investor standpoint.
Disturbing issues:
Conservatorship: intact
OTC trading: no plans to change
Dilution: dilution dilution dilution
Conclusion:
Buying this stock is like buying a fixer upper with major termite damage. It might be fixable but it’s probably best to stay away and be safe.
I like to borrow shares . They are easy to find. I borrow them (FNMA) to short (FNMA ) them. Does it work well you ask ? Yes. Yes it does. I am very successful. At one point 12-1 success rate. I will share some tips for what to look for in short candidate:
Stocks that are ripe for shorting :
In conservatorship
Trade on OTC
Have most profit swept
Going to be fully diluted