Anyone knows what's going on with this company? Do they have a chance? Are they suspended?

After lunch, volume and price will increase. It will close above 2.60

Probably the same guy! More eyes on this company, therefore things must be as transparent as it could be. IMO... It also shows they have experience in the gaming and tech industry.

Fictionally don't forget Robin Hood was a hero for many people.

Micro@&ft happened even though Bill Gates was arrested when he was young.

I'm stoked to know The Foley's have a vision and the products are real. I suggest, take a seat and watch this company explode... TOO DA MOOOON! WEEEEEEEEH! And my friends, I hope you are not short here, otherwise you will get squeeze pretty hard very soon!

Gooo NTEK

It makes me really happy to know Foley is a big DJ in SF! that is one of the coolest hobbies and talents anyone could have!You wish you could DJ! And if not, then It shows how closed minded you must be. You probably don't have a life

Foley has played with some of the most talented top DJs in the world, for instance check Paul Oakenfold (http://en.m.wikipedia.org/wiki/Paul_Oakenfold).
Obviously you will never register how sick is to have an upper management and leader that knows technology, is passionate about sharing beats and playing for a crowd, in which doesnt that Foley must be a genius.

Go NTEK

It's all good! Thanks for trying to help out. I guess we will wait for either a rise or a tank. Of course, then followed by news.

Go FNMA

AMEN! :) long and strong

Gooo NTEK

Thanks for sharing E! What a beautiful chart. It's very predictable and easy to follow. Its ready for another break out! I'm hoping a quarter sooner than the end of the year of course, but if it comes as soon as 11/21, I won't be upset about it :)!

Cheers mate and thanks for sharing again!

Go NTEK

HGI

Wow Hedge! This is very well appreciated! Thank you for taking on this. I will be looking for your live updates.

This is a major catalyst! Lets hope everything is going well and matches perfectly with the bull pennant.

Go FNMA

No it's not, it's finishing consolidation while adjusting to the new short pattern. Long term has been behaving just like a textbook chart. It ended up higher than Friday's opening. RSI is reset also. fundamentally, too many incredible catalyst coming: - trade shows, partnerships, holiday sales and of course, earnings were phenomenal.

IMO The price drop and support tests, has been a normal behavior the way this stock trades... If you trace a straight line connecting the bottoms of the valleys, you would see that it was meant to drop. I believe we will be at a quarter before the end of the year, maybe sooner.

Go NTEK

Lol!

Agreed! Reversal will be confirmed if this closes above .14

Ok, then they only have 1 office location which is the one on their website. BTW! my previous response was to clarify that having multiple real state locations for any business is not a bad thing.

Well, if that is the case, the building are very close to each other. Good for them, for having more real state available.
I know many companies that have their corporate locations separate from their manufacture and warehouses. Now, if you are judging the veracity of a company based on that point, then what's up with other major corporations for having their manufactures and warehouses in even further away locations? Come on man! Put a fact on the board not a bs speculation.

That's a different location than their corporate office in which is at 10273 NW 46th Street
Sunrise, Florida 33351.

Check on google map and you will see the building.

That picture you posted looks like their warehouse.

Reversal just occurred.

Wow! Awesome news! Thanks for sharing! This is going to make holiday season a total success!

Wow! Awesome post Surfonium! Warner changed his tone in respect the GSEs... Nice!

Net zero is here for Freddie, almost there for Fannie! Very soon IMO, we are going to wake up in the am and they will be announcing the release from conservatorship!

Nice man! I'm glad he enjoys his personal time DJing and having fun! I have respect for DJs and people who could appreciate music.

Thanks for sharing that pic!

Go NTEK

Wow! Nice post! Thank you for sharing!

Go NTEK

Agreed!

What up board! just got 50k shares of this bad boy! Time to go up!

Gooo NTEK

Yup, before uplisting it has to be released from conservatorship. :)

Reuters: No U.S. mortgage limit changes before spring -FHFA


* No decision yet on how much, or when loan limits will change
* FHFA says January is not a good time to dial back loan limits
* Any changes will be gradual -FHFA acting director
By Margaret Chadbourn
WASHINGTON, Oct 24 (Reuters) - U.S. lenders will get at least six months' notice before the government reduces the limit on the size of loans that taxpayer-owned Fannie Mae and Freddie Mac can back, the firms' regulator said on Thursday.
The Federal Housing Finance Agency, which has already said it was considering lowering the cap to wean the housing finance system off its dependence on the government, said any change would be phased in to avoid economic disruptions.
"We are not making a change there in the immediate term," FHFA Acting Director Edward DeMarco told reporters. "We're not looking to disrupt the market or create some sudden dislocation. Anything we would do would have a long lead time and be gradual and measured."
The housing finance industry had expected officials to lower the limits on Fannie Mae and Freddie Mac-backed loans on Jan. 1, 2014. While it will get more time to prepare for any changes, a decision on whether to lower the limits, and by how much, would still be made in late November, DeMarco said.
Currently, Fannie and Freddie cannot back loans of more than $417,000 in most markets, although the cap ranges as high as $625,500 in some pricier areas - including Washington, D.C., California and the New York City area - and up to $721,050 in Hawaii.
Separately, DeMarco said disputes between financial institutions and the government-run mortgage finance firms on loans made before the financial crisis are on track to be settled by the end of the year.
"We've been making progress on getting the claims resolved and settled," DeMarco said. The firms are sorting through delinquent loans for signs of any violations of representations and warranties.
LOWER LOAN LIMITS IMPACT
Lowering the caps, which were raised in 2008 to help keep the mortgage market liquid during the financial crisis, could make it harder for Americans to obtain home loans and drive up mortgage costs, unless the private market steps in to fill the void.
Investors' willingness to take on more risk once the government retreats could prove to be an early test of how well the housing market can operate without a large federal guarantee.
Fannie Mae and Freddie Mac together have drawn nearly $190 billion in taxpayer aid since they were seized by the government in September 2008, but they have paid about $146 billion to the Treasury in dividend payments in return for the support.
Republicans and Democrats agree the firms should eventually be wound down, but have yet to resolve disagreements over what should replace them and how extensive a role the government should play in supporting housing. The Obama administration also wants to reduce taxpayer backing in the housing system.
The two firms do not directly make loans. They purchase mortgages from lenders, which they either keep on their books or bundle into securities that they offer to investors with a guarantee. Those investors pay Fannie and Freddie a "guarantee fee" when they buy the securities.
The guarantee Fannie and Freddie provide makes it easier for the companies to package and sell mortgage bonds to investors.
Some housing industry leaders have said they are concerned a move to lower the loan limits could come too soon, impeding the housing recovery and shutting out home buyers. Investors might not be willing to take the risk of buying securities without a government guarantee, they caution.
"I recognize and understand that the industry is very busy right now," DeMarco said. New loan regulations that are part of the Dodd-Frank Wall Street reform law, some of which take effect in January, are often cited as restricting mortgage lending.
The industry has pushed FHFA to delay any lowering of the loan limits. The FHFA said in August it was considering reducing them and has been thinking about when any changes should take effect.
"The industry had an awful lot going on on Jan. 1. The better course was to wait," DeMarco said.
Some in the industry and lawmakers have tried to challenge the FHFA's legal authority to reduce the loan limits. In addition, a bipartisan group of lawmakers in the House of Representatives this month called on the agency to drop its plans to change them.

@yahoofinance on Twitter, become a fan on Facebook
http://finance.yahoo.com/news/u-regulator-wont-change-fannie-195822230.html

You are right! Tomorrow is a huge day! In the past, 3 green and last large candles turned into a large red candle on the fourth day. However, this time is different.

Fundamentally there are a lot of catalyst happening and few key ones about to happen. We are very close to Earnings release, and potentially net zero. FMCC is about to exercise its deferment in which the prediction is potentially over $30 billion. Banks are being sanctioned JPM, BofA and thirteen others. The more banks get indicted, the harder will be for the government to shut down the GSEs.

Today's news about the election of DR Alving for FNMA board of Directors were great. also were released after hours.

I can't predict what's going to happen, but looking at RSI, BBs, the stock is boarder line with being overbought. the last dip helped it to reset the chart.

Possibly a huge buy in the am followed by a drop. However, MMs are playing against each other as well, so, one might try to sell, while the other ones buying.

Cheers,

Signed!

Detearing, thanks for putting this list together. I agree, you have some duplicates and I think you got me as Hgg and not Hgi. Just checking :)

BOOOOM! Congrats!!!
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=111962

Long 4000

Awesome! They are not replacing them, they are reforming...

From the Fannie Mae page

"We look forward to working with FHFA and Freddie Mac to build and operate the common securitization platform.”

I read they will be working with Freddie Mac, never said replace or substitute. Congrats everyone!

"The average loan-to-value is above 75% with debt-to-income ratios averaging below 32%. The average credit score is 765."

I'm not concerned at all. Those Vintage customers were considered as A paper loans before 2007, in which regulations were more relax. I. E stated income, inflated house values, etc.
Currently, interest rates are historically low and I can guarantee you that most of these people are refinancing at a much lower rate than what they had previously.

I might be more concerned if you or MH are the ones getting the loans. :)

Thanks for sharing this. Although, you forgot a key player for at least FNMA and that is ATDF, they are definitely very powerful.

Exactly! It means that from all top institutional holders total shares, they own 111.3 million shares which is 83% of that total. Out the total outstanding common shares, they own a total of 9.6%, they are the second largest share holder after the government which owns 80%.

Happy birthday DrMerol! Hope you enjoyed your gift! :)

Cheers

September 17, 2013

Uneven Economic Growth Clouds Picture of Modest Recovery Trend
Full-Year Growth of Two Percent Still Expected Despite Choppy Quarterly Pattern

Pete Bakel
202-752-2034

WASHINGTON, DC – Driven by better net exports and stronger inventory build-up than originally reported, revised economic growth in the second quarter surprised on the upside at a 2.5 percent annualized rate, a sizable upgrade from the previously released sub-2 percent pace. According to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group, the upward revision for last quarter has neutralized the previously anticipated strengthening in the current quarter, which also faces potential downside risks from monetary and fiscal policy concerns, rising oil prices, and further mortgage rate increases. However, growth is expected to pick up again in the fourth quarter as fiscal drag fades and household wealth continues to rise. Despite the choppy quarterly pattern, the Group’s full-year growth forecast of 2 percent remains unchanged from the beginning of the year.

“Incoming data for the current quarter paint a mixed picture, but overall we expect economic growth to slow from the surprising pace seen last quarter," said Fannie Mae Chief Economist Doug Duncan. “On the bright side, consumer spending appears to be improving from the tepid pace seen at the beginning of this quarter. Although Americans may continue to exercise caution, real consumer spending growth should improve modestly to slightly over 2 percent in the current quarter.”

“With regard to housing, all eyes now are turned toward the Federal Reserve, which is expected to begin scaling back its asset purchase program this week,” said Duncan. “Mortgage rates have increased more than 100 basis points since early May, and we anticipate that trend to continue, albeit gradually, during the next year. Despite the rise in mortgage rates, we expect the housing recovery to continue, with the mortgage market shifting away from refinance activity and more toward purchase activity. We project that purchase mortgage originations will account for more than half of total originations starting in the fourth quarter of 2013.”

Haha! Ya, his very expensive expensive software says exactly the opposite of what's going on. I guess that works pretty well if you keep that in mind.
He says, "Obama not endorsing Corker-Warner Bill" are not monster news, is he out of his mind? That's the main reason Fn&F tanked right in June... Right after the Bill was introduced.

Not to be rude, but If you consider the previous reading as stated "Fannie Mae and Freddie Mac Need to Be Reformed, Not Scrapped" not a positive article, then you need to reevaluate your reading comprehension skills. Seriously!

Where is the link? I can't find anything besides good news from Senator Reed working on a restoration of the GSEs bill.

You are so annoying. This board was ranked as #4 most viewed today. Low Volume and the stock price barely moved... "Paid Basher", what a negative contribution to society... I dont know if you have ever tried to buy a home, but you better hope to have FnF if you are ever or any of your friends or family members get in that situation... By you bashing on the crash of the GSEs, you are also bashing on the opportunity for any of your close friends or family members to have a more affordable option when that option surges... What a waste of cyber space you are.

Awesome news! So stoked! Thanks for posting!

Haha! Good one