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Nice! Bet that is looking nice! Best of luck to you.
With 100k and no experience. I would head to the big boards personally. I am not sure of any good flipping websites to watch or join. But I am sure some on this board have some suggestions.
So true. If i had 100k just watching what ARCA does on Level 2 could snag you 5 k a day easy.
Well it will still be a government sponsored entity like before. The ones wanting it wound down don't realize or ignore the fact that any privatized company taking fannies place. Would have to be liquid in the trillions not to make interest rates in the market spike immensely. At least that is what i have gathered. I don't like big government but this program has worked for many years. I just hope politics doesn't cloud what the real situation is.
The thing is... The government made them loosen lending standards which caused this in the first place. Gov. Has a good thing going right now. I just hope they don't overplay their hand and try to keep this as a cash cow. I don't think they will though.
Good response and i share the same feelings for the most part. The only thing I don't like is how the gov. Is taking all profit but 3 bil. As a dividend payment instead of loan repayment.
On that link document it did say however that fnma could pay down the debt before the qtr ends so they wouldn't have to give the gov. All that profit at the quarters end. This of course has to be approved. Anyway, this one is a good stock and I am a fan as I am up over 100%. The take profit finger is getting itchy though lol.
Well if they do, from my understanding they will convert preferred shares to common equaling 79.9 of the common shares. So that would add like 4.5 bil to the float after they had sold them all. With the valuation they would get as a stockholder company again i think it would still be a safe bet to say 30 dollars a share after the dust settled.
My thoughts are if they did go that route, they would wait till it was trading on the nasdaq again.
Pure speculation with assumptions on my part here. What are your takes on the current situation?
Alot of the information I am basing this conclusion off of is:
http://www.fas.org/sgp/crs/misc/R42760.pdf
Bear in mind this was published before the record profits in december.
Anyway, take a look an tell me what ya'll think. This is just my opinion and could be way off.
Hahahahahaha! Thats funny man.
Added more shares at 1.52 myself. Could've got more for my buck if I had waited but who cares. Loading as I can under 2 bucks.
Watch ARCA. They are in full control. They push up the bid an then push down the ask. They most have so many shares.
Haha nice one.
The way its' been trading you could use arca as one if ur fast enough.
I would be happy with 3 dollars
Worst feeling when it goes back up right afterwards grrrr.
Cool hadn't seen that. Good to hear. Thank for the info!
Regardless of the fact that i agree with you, they will have to do something though. I believe it is the 26th of this month that they have to get above a dollar to avoid being delisted. A reverse split makes sense to me. I don't think this could be pumped up enough to get over that and maintain for 7 trading days. Atleast that is what i think is the requirement. I'm mobile so.....
So lame
Think we are trading all the same stocks lol. Had sold CYBK at .10 but at these prices I had to get back in. I Can't quit you CYBK haha
They will have to. Alot of shares held by the insiders and the business model isn't doing much to offset the debt. Pump coming imo
Not great from what I saw. Though it did show they only sold 260k dollars worth of stock last year. There is alot of people who would benefit from this going up (insiders). Looks like they either pump this and sell into the pump at higher prices or they go bankrupt.
Not an expert opinion but thats what I got out of it. This goes bankrupt or this gets pumped IMO.
Yep :)
Agreed. Buying pressure was immense but the mm's kept lowering the ask into buying. It was insane
Really good post though. Well worded and thought out. What's the deal with SA right know geez
Glad i got stopped out yesterday. Out of curiosity, what happens next here?
Holding up better than i thought. Pleasant surprise
What up with the mm on ask? Like a countdown then starts over again. Never seen that before.
Agree completely. Could not believe my eyes
Wtf PayD!
http://pennystockspayd.com/component/content/article/35-category/1044-my-response-to-reaper-welcome-to-my-fan-club.html
These guys are assholes
Well said. Thats why i like it here.
I pretty much do the same. Work is such a bother lol
Hmmm, well thank you sir
I looked at the past 3 vm plays and they didn't have much of a bounce at all from the bottom. Sketching me out of trying a bottom play.
Yep thats why i stopped. Will wait to hear more reviews.
Interested as well. Looked at the registration process. They sure do want alot of info in order to get set up. Bank and lawyer references? Dang lol
If one had the means to short a ticker. That one would probably be a profitable short opportunity IMO
Why on earth would he post that.
That is embarrassing.
They have them listed on the ibox above i believe.
Yessir. Going to be fun.
Good plan.
Morning, 100 dollar per trade! I'd go broke faster than i already am.
Ohh and looked yesterday, i'm restricted to cash only gor 90. Gotta watch those stops. They add up grrrr.