Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Especially for some of the preferreds
They wont let these run like they did in '13-'14. I have a feeling everything is going to come in stages.
I think we are still going to need a lot of patience.
I think we saw a similar headline in late 2017. I'm hopeful this time is a better "plan". But if memory serves, that one didn't do squat for this saga.
Hmm. You sure? Or was that sarcasm?
Hopefully FnF don't stay here much longer, but I think VW has been on the OTC for a long time, no?
Always nice to see you posting obi.
Funny how Bove WAS loved by the 'preferred lover/common hater' crowd.
Would this be the last one to end the fiscal year? If so, I could see them taking it just to finish off the year. And then they hope they didn't piss off any judges.
Sort of a "Don't ask permission just ask forgiveness" on a grand scale.
Time for another "we did it" hot tub video? The last one didn't age well. Maybe this time will be the one.
I've been here a very long time. Along with a few other original PIHNheads. Some have unfortunately died waiting for PIHN to do something.
So bring the massive jolt and the ramp up.
Will they announce it? I have a feeling they wont.
$4 is still being a bear. We've broken it, but cant stay above it.
You lost me with at least one on your list.
Think I'll go shave now. Dont need to. Just feel the need to.
GLTA
If they sweep, they are poking a hive.
Pissing off any judge is not in the defendant's best interest. Judges in other cases are mindful.
"it is still possible that junior preferred shareholders walk away with only a few dollars or nothing”
Bove is loading up on commons.
Slow upticks with little swings is what I'd like to see. If we build a solid base at $4+ and then confirm the NWS is no more... we will surpass that infamous $5.33
They seem to want him to stay under $4. Probably because it keeps Fannie from going up.
Which to this day is still a mystery how 2 different companies trade like they are 1.
Mnuchin said if he was a private investor, he would buy these.
Calabria said these will continue to trade.
I'll try and find the links but I'm sure someone will find them faster.
In 2013-2014, we had some big gains and then big drops over about a year's time. And we didn't have anywhere near the news we do now.
Stocks cant and wont go up everyday.
Yes, "hang in there".
A) An article came out with a heading "FnF wont go to market"
B) Something possibly leaked that they will sweep
C) OTC shenanigans
*A&C could be connected
Pick your poison ;)
Waiting to see if NWS will be history.
Highest close in years. We're just getting warmed up.
But remember, stocks wont go up everyday. If they did, we'd all be rich and retired.
I do like the slow trek up. Seems to build strong support levels.
No more dropping multiple dollars like in 2014
And down it goes. She'll be back though.
Me too...but can we hold it for a nice close?
It reached today or do you mean last week?
The key will be if they sweep or not. If they do sweep, hopefully people will hold tight to their shares. Because it will drop if they do sweep, but the good news is, it will be the last one.
I'm still hopeful we have already seen the last one.
Why GSE Junior Preferred Owners Are Not Out Of The Woods Yet
https://www.valuewalk.com/2019/09/fannie-junior-preferred-shares/
She has been around and has done videos on the GSEs before. Its even rumored that she's been here on iHUB.
Optimistic. Nothing wrong with that.
J. Bruce Ismay would agree.
Any day now...PIHN
I was going to say there's probably less than 1% of people knowledgeable of this saga that think we're going to need a reverse split to up-list...but I like your version ;)
Good luck ;)
Yep. Looking real good.
Amendment is what bothers most.
I'd love a close of $3.87 or higher. That will be a very nice start to next week.
Rick has very deep pockets ;)
Commons being cancelled has been BS for awhile. The Gov isn't going to go down that rabbit hole.
And now we have recent statements from Gov officials saying: "These will continue to trade" and "I would invest in these if I was a private investor"
Comfort level in owning these is on it's way up.
GLTA
I do like his better half. Much better half.
Kind of odd. Not what I expected today at all.