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Gov will amend it for you. You'll be getting your refund soon. They promise.
They like amending financials.
Anybody and everbody who knows about FnF and the GFC, know gov committed fraud. HERA is bs and c-ship is bs. They also know even if you claim c-ship was needed, gov was more than paid back. And at the very least should walk away. Not stealing any more than they already have from FnF.
Knowing those FACTS, and THEY ARE FACTS, and still advocating exercise of warrants and/ or sp conversion to entice the gov to steal more and collect an even bigger windfall /payday is corrupt, compromised, and/ or incompetent individual. Most likely a combination of the three. Not to be trusted. Knowing what gov did and still telling them it's okay and take more is horrible.
FnF $301B+ taken in "DIVIDENDS", Its more than enough to cover "bailout"
All facts.
*Disclaimer
Just Facts
Yes. Very sad he turned to the dark side. Some people talk and fight for the truth and then sell out and make it all political. So they can bounce around the govt workforce. From one agency to another. Go along to get along. So they stay quiet. Sad.
Disclaimer
*Facts
Unofficially gov have been paid. I'm still waiting for the receipt. I am patient.
Yeah, I saw that part. Thanks for the link.
Did you see the look on her face when she said it?
It's like she wanted to say more of what might have been on her mind, but had to hold back. So she gave a look instead. That look says it all. No matter what happens or has happened, she and others know the truth.
Disclaimer
*JMO
ScareTactics Fannie Freddie News
Spread of fear that govt will convert sp to common at these levels.
The gses market cap that yahoo prints isn't the true value.
There wont be (imo) a sp conversion to common. Even IF there is wont use lp # (imo). AND it wont be done at .80 cent levels.
If so, why not push price to .05 cents then convert and issue a trillion shares and a mega reverse split?
If commons are worth so little, why steal them?
If there is nothing to steal?
Gov can say "here shareholders take your worthless companies back."
There is no alternative.
Are jps worth as little as they print?
If anything goes because gov has all power and system is corrupt, then you are staring at par value as I type. 10%? Maybe less. Who knows? You don't. That's for sure.
You're not helping anyone.
Hyping pref.
Doom and gloom for commons.
Commons 20x - 250x from here
Pref. 10x -12x par from here
Doesn't really help your case.
But....
Commons -80% from here
Pref. 10x -12x from here
Oh sounds much better.
*Disclaimer
JMO
*Disclaimer
Everyone else's OPINION as well
As to how this plays out.
After this many years, the balance sheet is understood.
There is an understanding of "cap stack".
No misunderstandings.
Just major differrence of OPINION/ SPECULATION on how the "cap stack" and balance sheets are settled.
*Disclaimer
JMO
Jps and Commons
25 par or 50 par Jp
And
0.10 cents / sh Common
No. Not that J can't get par, just not while C get 0.10c/sh.
But if you actually believe that then I totally understand why you choose jp.
If jp actually does better than common, probably wont be by much. Things have changed to where commons are no where near as risky as they were at the beginning of the c-ship.
So that bigger risk common holders took by buying or holding is and will pay off I believe.
Bigger risk, Bigger reward.
P.S.
I don't think people leavingthe company means much of anything. At least concerning "exit".
*Disclaimer
JMO
Rood v Pagliara (figured I'd share the entertainment)
Read the whole thread between the two. Link below.
My favorite line:
Rood
"Bipartisan support?"
"It's not even a topic on the hill."
Little testy Tim - I will definitely keep doing what I’m doing- because there is bi-partisan support for ending the conservatorship - you will be the last to know as you continue to churn nothing.
— Tim Pagliara (@timpagliara) April 8, 2022
No, they're not. But I understand they have to keep up appearances. FnF have been ready. Seeing how they never needed c-ship to begin with. She's keeping the narrative alive.
Saying FnF are being helped to end c-ship implies we need help. Needing help is the lie they keep alive.
Being helped means FnF needed help to exit.
Needed help to exit means FnF needed c-ship.
Needed c-ship means FnF needed bailing out.
Needing bailing out means FnF were/are to blame.
FnF were/are to blame for GFC means gov saved us, it's all (our)FnF's fault, and whatever 14 year and longer torture we are exposed to and loss of property and loss of capital is to be expected. We should be lucky for scraps.
NO.
$360B+ Market Cap (both)
That's all.
We're great and have been for awhile.
*Disclaimer
Not my opinion (except for mc # that's imo)
I'm for the secret plan or a total unwinding of this mess.
I expect COMMONS to NOT be diluted much, if at all.
And...
Maybe, probably, if COMMONS do well, and they will, then prefs. could get par. We'll see.
*Disclaimer
JMO
Not that I believe sp conversion or warrant exercise or both
BUT.....
IF warrants exercise (wont happen)
*gov is officially commoner
Then sp conversion (wont happen)
*gov will dilute common of which gov is now a part of.
If you change the order from sp conversion then wts...
*same result
They would dilute themselves while diluting original common again.
Saying wts take 79.9%,
Then 20.1% is left.
And from that 20.1% gov will convert and raise from just that 20.1% leaving their wts(79.9%) untouched.
Makes no sense.
I don't believe any sp conversion or wts exercise will happen.
In any order and especially not both and not with that math.
*Disclaimer
JMO
Right.
Sarcasm noted.
I haven't heard your opinion before.
I'm interested in knowing your thoughts.
Pref., common, both, neither?
And where we go from here in your opinion.
Thanks for response.
Gov gonna take $200 - $260 B Lp from $6B companies? No.
New cap investors gonna pay $100-$150B for part of $6B companies? No.
This is very tiring.
Oh yeah and the warrants + jp payout. Also from that same $6B companies? No.
Very tiring. Hearing same claims with nothing to back it up but "sources"?
Every opposing thoughtful response to bs claims is met with insults and no response.
Spamming ihub and twitter with sp convert massive dilution.
Just adding if I may:
Warrants represent up to 79.9% of common shares IF exercised. They haven't been so far, if ever. So gov doesn't own 79.9% of common as of now.
Sp conversion to common, also, has not happened as of now. And maybe never (imo).
So gov doesn't hold common stock.
Gov does control FnF as of now. But, IMO, not forever.
*Disclaimer
Parts are fact, parts are opinion.
Enjoy the thread.
That should be next week, and she just came out guns a blazing this last week talking about the largest ipo ever after being acting director for 9 months and having precedential convos with treasury
— Fanniegate Hero (@DoNotLose) April 2, 2022
1. Gov been paid. Massively compensated.
Optics. Documents prove this and c-ship is a lie. It would be simpler and smoother to not steal from the companies through payment on a debt multiple times over. Judges wont let them. Public will likely file lawsuits and it will cause more legal headaches. Etc.
2. Well, yeah, it wouldn't be too good.
No one disagrees about what would happen if they stole that much more. You are arguing a point that no one else is.
3.Pretty sure you're wrong.
4.Morals and ethics stand in the way, but I am unsure about all lawsuits. So can't answer that one. But a future lawsuit...Maybe.
*Disclaimer
JMO
NEVER ASSUME!
*Disclaimer
JMO
To you as well.
Thank you.
FNMAS 7.2x (est) from here to par
=
FNMA reaching 5.98/share
I like my chances.
Not disliking prefs, just liking commons.
*Disclaimer
JMO
I didn't receive anything and don't plan to opt out.
But would I still need to contact them to be added to a database? How can they not already have such info?
So if I don't contact them I might not get paid? If we are paid? Because I'm not on a list I should be on?
I know you don't have all answers. Just wondering what your thought is. There is still time to receive paper or electronic notice through broker.
Thanks for your time.
I never received anything in the mail.
Could it arrive e-mail through broker?
Paperless?
I would prefer paperless. I don't plan on opting out. I just don't like people seeing my mail.
Sp is based off the "debt" from "loan"
They want to rewrite history by calling it a stake/investment
And
I know they are unofficially and not officially paid back.
We'll see what happens.
Thanks for response.
My post was a comment on how Sandra saying "if gses are ever released" is amazingly spun into 10 cents pps for common from a massive dilution. And how "If...ever" somehow equals happening soon.
I didn't mention 10%. And as far as how many shares issued for cap raise? I don't know.
Maybe we don't need one ever.
But..IF we do. It should be based on actual value of $30B /yr companies would be if not for manipulation.
We should and would be $200+pps no dilution.
About $360B both gses. And the raise if at all would and should be based on that.
No need for 100B shares added.
Hell then the gov should put out a bs story push the stock to a penny then issue a trillion shares and do the biggest reverse split in the history of the world.
Thanks for responding.
*Disclaimer
JMO
Key takeaways without spin:
"If......ever" St quote on release
Cicada event (17 years)
Refusal to acknowledge her heading the release
Common stock holders, Sps, * then jps was mentioned as an afterthought
All facts. No spin.
MSM can learn from this report.
*no disclaimer needed
Cicada Event = 17 years
Oh my. Sounds like its right around the corner.
Anything can be spun. I guess.
Thanks for posting Navy.
Treasury does not own a stake of the companies.
They hold sps (debt). Which have been paid.
Some point to be zeroed. And warrants have not been used and will go away unused.
Saying things doesn't make them so. Too much is being read into nothing.
I'm for an exit, but this talk just like 4 year strategic plan to come up with a plan,, is more vague nonsense. Doesn't mean anything. Just string us along. Non-answer answer. So many words spoken without saying anything at all.
*Disclaimer
JMO
"IF"....?
"If the enterprises ever get out of conservatorship everybody knows it's going to be the largest IPO ever" - Sandra Thompson #FANNIEGATE https://t.co/oRmbqn3w9b
— Fanniegate Hero (@DoNotLose) March 31, 2022
They also gave themselves 4 years to achieve "success".
With this BS. But yeah real soon.
Yessir $fnma #fanniegate Treasury has laid out a goal for gse reform. To say it isnt on Treasury’s agenda now is false. https://t.co/oeo5gIOd5h
— Fanniegate Hero (@DoNotLose) March 30, 2022
.@BillAckman you haven't factored in equitization of SPSPA have you? you should consider firing the analyst who wrote this. pic.twitter.com/vuJX9Aomt4
— Fanniegate Hero (@DoNotLose) March 29, 2022
The # was for both companies, correct.
If given such a low valuation, then yes that would change things.
But, who gets to come up with a low #?
Well I guess the govt does or gb does to make their math work?
We'll see. I wait and wonder like the rest.
More accounting tricks would be needed along inside help from "analysts" to give such a poor valuation. It happened in the movie "The Big Short". "Analysts" manipulating numbers. Making them seem better. Only for FnF it would have to be the opposite.
It's incredible the mess the govt has put these companies. Greed for money and power.
Along with a scapegoat.
Thank you for your reply.
Fnma Fmcc
80% of 360B market cap 288B. Warrants.
80% dilution.
200B of 360B market cap is 55.5%. Sp worth.
55.5% dilution.
Warrants are worse.
Only one will happen. Worst case.
Most likely neither.
*Disclaimer.
JMO
Update:
Sps will NOT be converted. Govt has been paid in full.
Warrants will (most likely) NOT be exercised due to govt being paid in full and "Massively Compensated like a PAYDAY LENDER"
As time gets wasted in court money is accrued and a little less money is needed in a raise. They might waste so much time in court that gses are at $200B + possible return of $ returned because Trump would have retained it if not for Watt.
By the time they finally resolve this mess will have full cap requirements from time and $ returned. Then lp zeroed out and warrants cancelled.
Yes it's possible.
Or they undo the whole c-ship because it is a known fraud.
This statement is true as well. And possible.
I acknowledge all facts but this is my belief in where this can head. And much closer to my speculation of end point than a 10cent calculation pulled out of the air. Disregarding facts, evidence, and opinion to come up with such a ridiculous #. Even with sp conversion (won't happen IMO) would not put us at 10 cents. Keep posting that ridiculous # to convince yourself it will happen and to give others a hard time.
Why else would you keep posting that? It's not to help anyone that's for sure. Just like many politicians on twitter or other boards, ignore everything you don't want to hear and post whatever you like to hear yourself speak or read your own words. Just like calabria's twitter. Talking to himself, no matter how foolish. Just like fhfa comment periods, as if they actually take into account others' opinions. Just a formality. You and they have your mind made up. Why pretend to be open to discussion? Not fooling anyone. Maybe yourself.
Maybe that's the point.
*Disclaimer
JMO
Who are the crisis actors?
I know of a few you have mentioned to be harmful to the cause, but how many are there?
Who are the ones at the top?
Appreciate any response.
If you make a habit of ignoring details you don't like and only choosing details you do like to form an opinion and then frame your opinion as fact, I can't discuss anything further with you. I said much more than what you put in your reply to me. Editing to your liking.
I hear and understand all of your statements, but I disagree.
You hear what you want and disagree.
I do appreciate your court updates and links that you post.
Have a good day.
Thank you for the links.
I hear you, but NOTHING IS IMPOSSIBLE!
I thank you for not just dismissing my thoughts, but replying with well thought out responses. Rare these days. So thank you.
I know where the 20.1% number comes from
BUT......
I hold onto 100%.
That might just be me.
I don't think I'm alone on that thought, but it's okay if I am.
The warrants haven't been used and nothing has converted. So 100% for me it is.
Fact is I have 100%. My opinion is that it stays that way or closer to it than 0%.
Govt doesn't care about $100B cash grab with lawsuits pending and to most likely follow from that cash grab.
They control housing through c-ship.
That CONTROL is worth much more than $100B.
MO