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Let the fun begin boys and girls.
why is there so much resistance at $4.00?
So true
nice volume today and bid stacked. something happening!!
loking forward to an upward trend this week
ha ha, that's so funny.
I ended up doing just that. Strengthen my position just a little. I get hit with extra charges from Sharebuilder if I trade below $1. so if I can get a lower position I always try.
Hey JFB you have a position in this also? It must be worth watching.
I had a buy order in at .0195 but didn't get filled, moved it up to .0197, we'll see if someone can spare some.
But the Obama plan is a wish list, and even though some Republicans in Congress would gladly kill the two agencies tomorrow, it's not likely to happen. "We believe getting rid of Fannie and Freddie is much harder than it looks," advises analyst Jaret Sieberg of brokerage firm MF Global, in a research note to clients. "The status quo is the most likely outcome." For one thing, a reduced government role would almost certainly raise mortgage rates and other costs, since banks would have to add a cushion to cover the extra risk they'd be taking, without the government backstop. Down-payment requirements would probably go up. That might produce a healthier system less prone to shocks, but higher costs and monthly payments for buyers would also crimp demand for both new and used homes. Even some middle-class families with good credit might get priced out of a home, leaving politicians to explain how they killed the American Dream.
For all the daggers aimed at Fannie and Freddie, it turns out, there are many groups who like the housing-finance system just the way it is—and are fighting hard to keep much from changing. Some of them:
Home builders. They're reeling, and begging for a break. New-home construction has obviously tanked over the last few years, since plunging sales have created high inventories of unsold homes. The demise of Fannie and Freddie would effectively reduce government subsidies for mortgages, lowering demand for new homes even more.
[See how buying a home is likely to change.]
Realtors. They too are looking for relief, so they can start doing deals again. Higher costs for home buyers would harm Realtors the same as home builders, by lowering demand for homes. It might also intensify pressure for Realtors to cut commissions, transferring a bit of the pain away from buyers and sellers. But Realtors have always guarded their commissions aggressively and will continue to.
Small and community banks. They could get priced out of the mortgage market if the government's not there to level the playing field, with megabanks undercutting them to grab market share. Small banks and credit unions have another powerful argument: Concentrating too much control of the housing market among a small number of huge banks makes the too-big-to-fail problem worse, not better.
Consumer groups. The Consumer Federation of America, for instance, has warned that a reduced government role in housing could cut off mortgages to many families and shift control to "Wall Street banks and investors whose previous missteps have already caused massive foreclosures and losses for consumers." They kind of have a point.
All told, the groups that support Fannie and Freddie—or at least reluctantly tolerate them—have significant clout in Washington. And populism is on their side, since they can plausibly claim that middle-class home buyers would be harmed if the government backed away. Of course, taxpayers bear a substantial cost for the current system too, since they're keeping Fannie and Freddie alive.
It does, however, govt. hasn't allowed them to even start paying down the principal, and those payments are dividends to the "tax payer" even though we both know all that money is being wasted in one way or another. Obamas trip to Africa is a start. Govt. will never allow us (FandF) to make those principal payments they don't have to. It was all part of the bailout package.
why the sell off, I didn't any negative news yet? Was this insider trading???
Has the govt. made the decision to eliminate FandF? Whay the massive sell off?
Thanks for the advice, what charts do you read? Thanks
What are the rules for uplisting, Zero has been trading above $1. for a month on 06/16 and it usually takes the sec 7 days to uplist??
I don't understand why you care so much given the fact that you don't have a position in this stock. I know you've been asked to move along because everyone who owns this stock isn't listing to you we've all done our own DD and are willing to take the risk
If the news is as good as we think, do you agree that pps .20 or .30 is really low. What is our potential? Why couldn't this trade for $3.00 or $4.00 given the conversion of energy in this billion $$ industry.
this is going to so fun to watch, we knew it!!!!
I'm very surprised the volume is really low today
IMO news coming today after closing bell
JFBrod posted the link, here is the prop
"A few of the penny stocks AimHighProfits will be looking for to break out of their current trend today include:
Global Clean Energy Inc. (OTCMKTS:GCEI);"
It's obvious that Bloomberg has an agenda, my guess is that the company has shorted both. Their opinion is just that an opinion, we all have to remember that "He" isn't a billionaire by just offering their opinion. He has a huge position in these stocks
I also received the pump, my first thought was GCEI given the fact that on Monday Aim High stated GCEI in their news letter. I also not going to get my hopes up because I news will be coming. If the Aim High does panout, we are all in a good position
I agree, news is coming, I can't believe people are losing their positions
Me too JF, I'm in for however long it takes, something good is bound to happen this week or next or next
Thanks for the incite JF, your posts are for the most part vert educational. I agree w/ you and all of our fellow STWA longs. Keep up the good work, I appreciate your mom, I mean your DD
I was excited to see it this morning, however, I also wonder how they are making their money. I didn't see any advertisement except links to various products / destinations. I was also wondering same as you but I figure magazines, advertisement in Sharecare and their other media outlets
Thank you Mack Wheaton!!! So true, not that conccerned, I figure all of these issues will be resolvedin short order. You seem to have so much more info, where do you find your info. Sorry for the stupid question.
Are you kidding me, NOT the news I was expecting. I was hoping for a blowout as a result of launching bikini.com
me too, sitting and holding. got my brother in yesterday on sale
chirp, chirp
"Too bad enthusiasm alone doesn't decrease viscosity in a 48" Petrol pipe".
Yea, you're only half right you need enthusiasm, AOT and drive
Just curious, how did you find zero?
I agree, loaded some more shares today. Let's hope this takes off!!!
Yes, unfortunately none of their investments are publically traded
or finanging from
Total Energy Ventures
edit
Total Energy Ventures is the venture capital arm of French oil & gas major Total. Its investments support the development of companies with innovative technologies and business models in areas such as alternative and renewable energies, efficient use of energy and natural resources, waste management and greenhouse gas reduction, etc. that will help meet the challenges of the energy transition. The investments primarily consist of acquiring minority interests in selected companies during capital increases to help finance their development.
Read more: http://www.crunchbase.com/financial-organization/total-energy-ventures-international#ixzz2U8HsAcsR
Follow us: @crunchbase on Twitter | crunchbase on Facebook
Any news from Vegas yet?
Looks like a great ride, wish I was in it
News about waste to energy, I hope GCEI can catch-up
http://green.blogs.nytimes.com/2011/09/29/an-oil-bonanza-in-discarded-plastic/?ref=wastemanagementinc