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DOW -350 points --- FNM and FRE Greennnnnnn!!!!
1.22 $ and climbing !!!!!!!!!
Posted by: angel38 In reply to: None Post # of 12574
Open at .69 in the morning(12/1/2008)!!!
JAJAJAJAJAJAJAJAJA WE OPEN GREEN !
good point Dr. patience pay
$100 billion of GSE debt from primary dealers through a series of competitive auctions to begin NEXT WEEK.
sorry , look BIG BLOCKs at BID easy above 1.30$ today
3.5 million shares in Pre Market
BIG BLOCKs attack the ask side
Online sales jumped on Black Friday as consumers searched for electronics such as the Wii video game console and Apple's iPhone and iPod touch, according to eBay and Amazon.com.
Tony Avelar / AP
--------------------------------------------------------------------------------
Amazon.com and eBay had both forecast a weaker holiday this year as consumers cut back on discretionary purchases.
But U.S. shoppers are scouring the Internet and stores for the best prices this season as they grapple with the worst economic crisis since the Great Depression.
PayPal, an online payments service owned by eBay, saw almost 34 percent more transactions this Black Friday than a year earlier, eBay said Saturday.
PayPal saw sales rise 26 percent on Black Friday, the day after the Thanksgiving holiday that traditionally kicks off the U.S. holiday shopping season. PayPal said its sales numbers reflected 12 percent of all U.S. e-commerce.
AGRESSIVE COVER IN PROGRESS?
Dodge & Cox 63.6M $97,287,198 +10% 5.9% Low
Capital Research ... 56.8M $52,640,214 +9% 5.3% Moderate
Merrill Lynch & ... 43.1M $65,912,411 +7% 4.0% Moderate
ESL Investments, ... 34.6M $52,917,787 +6% 3.2% Low
Renaissance ... 30.4M $46,573,948 +5% 2.8% High
Goldman Sachs & ... 29.9M $45,690,803 +5% 2.8% Moderate
Horizon Asset ... 29.8M $45,627,050 +5% 2.8% Moderate
Barclays Global ... 29.7M $45,460,768 +5% 2.8% Low
Arnhold and S. ... 28.7M $43,838,831 +5% 2.7% Low
Barclays Global ... 24.6M $37,565,588 +4% 2.3% Low
It owns 50% of all mortgages.
It owns 70% of all new mortgages
FANNIE ME ----- GOLDMAN FAVORITE!
$5.........$5.........$5........$5........$5
GO baby GO to 3$
Early data shows strong Black Friday,
Preliminary sales figures show stronger-than-expected Black Friday; sales up 3 percent
CHICAGO (AP) -- The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm. But the sales boost during the post-Thanksgiving shopathon came at the expense of profits as the nation's retailers had to slash prices to attract the crowds in a season that is expected to be the weakest in decades
FNM Big POINTS !!!!!!
It will not bankrupt.
It will not nationalize.
It owns 50% of all mortgages.
It owns 70% of all new mortgages.
Stock is priced 98.6% below all time high.
Population is growing, housing will recover.
This is the greatest single investment of a lifetime.
REVERSE THOSE WARRANTS PAULSON !!!!!!
Please add to these positive recent developments for FNM and FRE
As i find articles or info positive to FNM or FRE with SOURCE and no BS, like people saying trust me i know the market crap but offers no info, i will post here and i hope everyone will do the same. I know these are older but they are probably some of the reason we have been headed higher. Good luck guys.
1)“If these rates hold, you’ll see these refinance applications really start to take off next week,” said Marc Savitt, president of the National Association of Mortgage Brokers.
http://www.msnbc.msn.com/id/7148582/
2)Cramer on BloggingStocks: Recent moves finally address housing
http://www.bloggingstocks.com/2008/11/27/cramer-on-bloggingstocks-recent-moves-finally-address-housing/
3)NYT Link: Summers wants bigger FNM:
http://www.nytimes.com/2008/11/26/business/economy/26leonhardt.html
This is great news for FNM and FRE from the positive effects of lower rates. Listen up guys the big guys are buying us up because they know its true. Dont be left behind looking back wondering why you didnt buy or why you sold too soon.
With the rates being low Im ready to refinance my house too which will allow more disposable money on the side. So overall the action paulson took last week is like an economic stimulus package for everyone big and small.
http://www.msnbc.msn.com/id/7148582/
Good luck everyone.
1.50$ in PREMARKET?
Markets UP Strong after good BLACK FRIDAY?
1.31$ AFTER HOURS ----- 1.50$ PREMARKET?
AGRESSIVE COVER IN PROGRESS ? BIG GSEa SHORT SQUEEZE ?
rumors of the feds reversing the 80% stake warrants in the common shares, which if does happens will propel this stock to $7+ and even $10+.
rumors of the feds reversing the 80% stake warrants in the common shares, which if does happens will propel this stock to $7+ and even $10+.
$5.........$5.........$5........$5........$5
FOLKS put your SELL ORDERS in 5$
Early data shows strong Black Friday,
Preliminary sales figures show stronger-than-expected Black Friday; sales up 3 percent
CHICAGO (AP) -- The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm. But the sales boost during the post-Thanksgiving shopathon came at the expense of profits as the nation's retailers had to slash prices to attract the crowds in a season that is expected to be the weakest in decades
Early data shows strong Black Friday,
Preliminary sales figures show stronger-than-expected Black Friday; sales up 3 percent
CHICAGO (AP) -- The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm. But the sales boost during the post-Thanksgiving shopathon came at the expense of profits as the nation's retailers had to slash prices to attract the crowds in a season that is expected to be the weakest in decades
WHY IS FRE GOING UP?
Feds recently announced they are buying $100 billion, yes BILLION, worth of debt from FNM and FRE. They also announced they are buying $500 billion in mortgage backed securities. What the hell does that mean? It means FNM and FRE are to become profitable again.
Additionally, there's been rumors of the feds reversing the 80% stake warrants in the common shares, which if does happens will propel this stock to $7+ and even $10+. When FNM/FRE becomes profitable again, this stock is going back to the $30+ level.
This is how millionaires are made. Instead of bashing so you can buy at a lower price, why don't you get some balls and buy some now because this ride is far from over.
WHY IS FNM GOING UP?
Feds recently announced they are buying $100 billion, yes BILLION, worth of debt from FNM and FRE. They also announced they are buying $500 billion in mortgage backed securities. What the hell does that mean? It means FNM and FRE are to become profitable again.
Additionally, there's been rumors of the feds reversing the 80% stake warrants in the common shares, which if does happens will propel this stock to $7+ and even $10+. When FNM/FRE becomes profitable again, this stock is going back to the $30+ level.
This is how millionaires are made. Instead of bashing so you can buy at a lower price, why don't you get some balls and buy some now because this ride is far from over.
WHY IS FNM GOING UP?
Feds recently announced they are buying $100 billion, yes BILLION, worth of debt from FNM and FRE. They also announced they are buying $500 billion in mortgage backed securities. What the hell does that mean? It means FNM and FRE are to become profitable again.
Additionally, there's been rumors of the feds reversing the 80% stake warrants in the common shares, which if does happens will propel this stock to $7+ and even $10+. When FNM/FRE becomes profitable again, this stock is going back to the $30+ level.
This is how millionaires are made. Instead of bashing so you can buy at a lower price, why don't you get some balls and buy some now because this ride is far from over.
"Capitulation" In Progress: FNM & FRE To $12/share,
only the fools expect a selloff because they missed the boat! under the current economic indicators and new stimulus, the GSE's are set to move up the ladder to around $10 to $12 a share...now in the control of FHFA, GSE's are now stabilized and will only be traded to an exit point of an expected release from the "conservatorship".
shortage of shares and a massive short cover will rock these companies next few weeks guaranteed and Wall Street already knows it!
If you don't know what the new stimulus is going to do, and if you don't realize that the GSE's were originally ordained by the Democrats to begin with, then there is no way to convince you other than to just let you watch and learn, that Fannie and Freddie are going to be the biggest benchmark "Capitulation" Stocks ever!
another thing that is going to cause a major move up in Freddie and Fannie both is that they only lose money if the current loan payers do not pay for 90 days. With the new order to "stop Foreclosures on currently occupied homes" then they will have no Payouts and will thus post earnings to their balance sheets. couple that with the fact that Treasury is buying their direct debt, and not issuing Warrants, will cause a very big upside potential to fall in around $12 a share.
We may wake up one morning next week and see the trading gap up to well over $5 above where it was currently trading the day before just because people start to realize that both of the GSE or GOO companies are only on the UPSIDE of potential prosperity.
1.32$ Monday premarket 1.50$
FNM 1.32 $ after hours