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So this will increase the value of FNMA or the CSS company?
so how is this good for FNMA since they will no longer be the backstop for securitizing loans? Should we invest in the new company called CSS?
Oh snap lol
Unfortunately people are shorting the crap out of this for months now. but the future is looking good. best thing to do is get in as low as you can and forget about it. But for now the mid 1'ss to low 1'ss short ATM is gonna be the story.
Blue sky's ahead IMO
Huge news that's not! That's 2 month old rhetoric sir! Losing credibility my friend!
The president has no authority to shut these companies down my friend. Its still a public company and many laws need to be followed before the president has control. Congress can pass bills as to how they think the gov should fund fhfa but shutting it down isn't easy. Let alone it would destroy the country if they managed to do so!
“We’ll work with both parties to turn the page on Fannie and Freddie, and build a housing finance system that’s rock-solid for future generations."
Both parties don't want and end...As well as coming up with a system to end them is not very simple if even possible. How can they agree on that when they can't even agree on the government shutdown. Talk of ending Fannie Mae and Freddie Mac will fade into the darkness and status quo will continue and both companies are doing well.
.90...1.11..1.20...1.55...1.90..5.00..8.00 is all very cheap for an organisation that is the heart of the modern American economy!
Lets be honest if we all thought fnma was going we wouldn't be here all these months or years. And we all know this will go higher!
we had a fake 5.21 trade and after hours 1.32 trade. Im glad the SEC monitors this crap. Terrible and immoral.
Played that one nice. Loaded in the dip!
Anyone who says fnma is going away is either crazy, a clown or gullible to the voices in politics. Its just a political ploy. Fnma can't go away if so why are they still hiring software development support through multi year contracts?
Buying my second batch now!
Bounceeeee
But why would anyone buy at that price...it makes no sense to me?
WTF was there really a $5.21 order?
That stock split is just terrible at end of day on top of that. Glad I got out early. Wall street are crooks remember that! And always take profit always!
Im back in. Is this a short squeeze?
Man glad i got out at 1.34! but buying back in to follow the bounce.
1.36x1.37 battle
This is awesome. Im not gonna complain!
short squeeze?
I just got to my computer. WHATS GOING ON HERE LOL?
I think we may have ourselves a strong long term stock here. We've been blessed
Yep looks that way
LOL OH MAN WE GOT WORKED! I HAVE 25 SHARES NOW HAHAHA! THIS SUCKS!
Pre-Market doing well.
2.00 here we come!
You mean 1.20 :)
What about the reverse spilt supposed to be happening if the company does not stay above $1 for ten consecutive days which is by Oct 7. I don't think it will make the deadline and be delisted from the nasdaq. THen we are screwed???
Can u post a screen shot of that L2?
Awesome it looks like its chugging along quite nice actually. THis morning when i bought i was a bit weary at first.
Wow that would be awesome. Im just getting in this stock so im new.
I hope ur right. Im all in lol
its called shorting AKA (STEALING OUR MONEY) :/
Great talking lol
Can you prove the float is locked up?
Interesting
news.investors.com/business-inside-real-estate/092613-672703-fannie-mae-woos-investors-to-share-home-mortgage-risk.htm