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either yahoo or my laptop went nutsy there for a minute
truly, for a flash it showed all up like 80 cents, then back to what they were trading at 10 minutes ago
wtf just happened?
Look, if DeMarco were getting his way completely, the report would already be out. I don't see this as 1 extreme or the other, but definitely good news coming.
If the fannie execs were forced to roll over and play dead, the report would be out by now, less the DTAs. Nope, the lowly accountants are sticking to their principles and we'll see the results of their stance very soon.
I'm weary of waiting.
I'm glad you all had a good day, but my freddie 50s are in the toilet/.
"Were'nt these originally private placement securities that were never NYSE listed? If they want to relist the preferred shares, in general, and make them more marketable, they might need to make an offering for these. This would be an avenue to eventually selling the Sr. Preferred."
If so, then the process is already started.
I saw the symbol listed in one of the news articles. Commoners may have picked it up and zoomed the pps.
I simply don't read posts from people that are annoying, and remove their private posts without reading. Easy to do.
They know what their earnings are. We'll find out what they're working on soon enough.
I'm not sleeping, way too excited.
Generally, itches of this loudness, are pretty at least, not some dog face.
I think the cts will be okay, but I sure do not feel too positive about getting a dividend.
Before we estimated the common price at $7 when it comes out of conservatorship, that would equate to 7.2 shares of common for each share of 50s, and 3.6 shares of common for each share of 25s.
I owned aig stock and when the gov sold some of their warrants, they did it by (giving) me the warrants, 1 for every 2 shares of common stock I owned.
Does anyone think the jr preferreds will get the same benefit, ie 1 warrant for every 2 shares of jr preferred?
Finally, people are beginning to say what we have said all along.
Is there a law that says the freddie 50s can't trade past 1:00?
Did you catch this:
"$25 per share plus the amount that would otherwise be
payable as the dividend for the quarterly dividend period
that ends on the redemption date, accrued through and
including the redemption date, whether or not declared."
A case of dom perignon sounds good.
I just get an odd feeling that instead of the dta monies being swept to the treasury, it will be used to buy the jr preferreds, starting with fnmfm. That way they can sweep profits for eternity
They could sweep 100% profits per year easily if they paid off jr preferreds - commons have no ground.
it's starting:
http://finance.yahoo.com/q?s=FMCKP
Could they be using the DTAs to buy back the jr preferreds?
1 and a half days before the weekend. Get it while you can.
I bet they're going to redeem it
what's the attraction?
http://finance.yahoo.com/q?s=FNMFM
absolutely no selling at all. i put in a teaser sell yesterday for 19 cents and no one bought. i only had it out there for a short time though
would be nice to have ergien and mbers chime in
It could be because of AIG's takings lawsuit.
It could be because of AIG's takings lawsuit.
I gotta say, with my freddie 50s, i'm not looking any better today than yesterday
I think this time it's different.
Freddie 50s aren't exactly rocking and rolling.
My take is we wait until September.
Let's face it, you're not going to get in anymore for 15 cents.
You don't quote where you got this from, but I have to say SA got it right. By Fannie announcing that their q4 report would be delayed over the issue of DTAs, they passively let it out that DeMarco was not letting them follow standard accounting principles. Good job, Fannie.
No one buying? What's with that?
It takes about 1 ounce of sake to get me wasted. I'm no fun at all.
Some woman was screaming that she wants affordable housing. Don't know who she is.