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Found on Twitter from Zerohedge
PRESIDENT CAN REMOVE HEAD OF FEDERAL HOUSING REGULATOR UNDER NEW DRAFT OF HENSARLING BILL-DOCUMENT: RTRS
Why is the $ per trade amount at its lowest level for the year and near historic lows if "they are unloading"? Gonna take an awful long time to unload millions of $ worth when you're averaging 5k per trade.
Is this standard procedure?
https://twitter.com/DoNotLose/status/835220060130127878/photo/1
Just a quick reflection on 2016.
The day Mnuchin was named Treasury Secretary it was the largest single % gain in 2016 closing at $4.49 from a prior day closing price of $3.08. This resulted in a 45.78% increase.
29 Tuesday November 2016 3.08 -0.96%
30 Wednesday November 2016 4.49 45.78%
2016 included events such as the Trump election which resulted in two days of % gains:
8 Tuesday November 2016 1.65 0.61%
9 Wednesday November 2016 1.97 19.39%
10 Thursday November 2016 2.52 27.92%
Sweeney granting motion to compel:
19 Monday September 2016 1.68 -3.45%
20 Tuesday September 2016 1.81 7.74%
And the Susan Mcfarland testimony being released for the public:
11 Monday April 2016 1.33 0.00%
12 Tuesday April 2016 1.79 34.59%
There were also some significant % changes in January, however this was just after we had bounced off the $1.00 level - imo this can be attributable to mean reversion:
20 Wednesday January 2016 1.1 -
21 Thursday January 2016 1.29 17.27%
22 Friday January 2016 1.44 11.63%
That's a good story to recall.
More on a side note, I notice you tend to do a lot of stochastic simulations and you have performed a few linear regression analysis' with the board on the daily share price. Do you have a background in statistics or just enjoy it or just have an appreciation for its usefulness?
From communication on this site I get the impression you are pure mathematician (or a logician).
Most seem to think common shareholders will be brushed aside based on these court cases. It seems that while the past is important to partly focus on, it is not the be all end all, especially with the current administration. Perhaps this is my biased rose colored view.
If we focus solely on the future, it looks quite bright, with individuals in administration that seem to realize how important the GSEs are to the housing industry. Stemming from the belief that there is truly no other entity to replace them and if they were to create such an entity that it would just be a replica of the GSEs now.
How does this affect Fairholme in Sweeney's court?
Also one more question (somewhat more personal, you can choose to ignore if you would like) - have you lost any confidence in your investment?
Are we expecting news out of Sweeney's court today?
Thoughts on the order released today? Perry vs Mnuchin.
https://www.cadc.uscourts.gov/internet/opinions.nsf/
What occurs now?
It will be interesting to see when this gets updated:
https://www.treasury.gov/initiatives/Pages/housing.aspx
Any significance of the treasury and FHFA being unopposed to the most recent motion?
Cmonnnn retest of 1.40
He hasn't changed his tune at all, he said the same thing - the government shouldn't be in the mortgage business. He stated he never said "recap and release".
He's just stating that he never said those words "Recap and Release"
Jinxed it - just brought up
Looks like another one got opined from the spring session - down to only 2 left that need to be opined. :)
USA v. Nizar Trabelsi - https://www.cadc.uscourts.gov/internet/opinions.nsf/
Markets closed on Monday.
Do you happen to have a link to Paulson & Co.'s Advantage fund holdings?
FBN video on fannie and freddie -
The Future of your #mortgage and @FannieMae, @FreddieMac under @realDonaldTrump.
— GisermanGroup.com (@Lougise) January 12, 2017
Giserman Group Client, Collingwood…https://t.co/VjTIlQa2iO
It does not insinuate that at all. What your paragraph insinuates though is that you don't know how to read.
I read that "authorizing them" as government "requiring them". Better language for the uninformed would have been requiring though, I agree with you.
Why is the sky blue?
because on those years the friday ended up being christmas and boxing day...both holidays.
they are always released on a tuesday or friday unless the tuesday or friday lands on a statutory holiday.
There is no confirmation Buffett has bought
Uh oh better not stop on the road then, all seeing one says not to