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Early morning settlement
https://www.nytimes.com/2019/10/21/health/opioid-settlement.html
They make medication and the opioid lawsuit’s killed the price of stocks on all those Manufacturers. They are the biggest supplier of opioids pain medicine. Look at one year chart when lawsuit started and read ClayTraders post on their board
You can never have too many mines!!! I've this one as well, for 7 long years
I just bought this stock Monday and was just going to day trade it. Thank God my sell order didn't fill on Tuesday!!!
FNMA report for 10-17-2019 Analysis on Fannie Mae (FNMA) trading over the last 2 weeks and the past day especially. On its latest session, Fannie Mae (FNMA) opened at 3.57, reaching a high of 3.57 and a low of 3.48 before closing at a price of 3.50. There was a total volume of 2,278,146.
VOLUME INDICATORS: An accumulation-distribution index of 53.18513, an on-balance volume of 3.56, chaikin money flow of 7.1 and a force index of 0.0169. There was an ease of movement rating of -0.00068, a volume-price trend of 0.7745 and a negative volume index of 1000.0.
VOLATILITY: An average true range of 0.12189, bolinger bands of 3.55675, an upper bollinger band of 3.443213, lower bollinger band of 3.48, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 3.55, high band keltner channel of 3.52, low band keltner channel of 3.58, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 3.48, a donchian channel low band of 3.48, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: A Moving Average Convergence Divergence (MACD) of 0.0009, a MACD signal of 0.0005, a MACD difference of 0.0004, a fast Exponential Moving Average (EMA) indicator of 3.49, a slow Exponential Moving Average (EMA) indicator of 3.49, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.3, an ADX negative of 20.2, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.20532, a trix of 16.29288, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66755, a Detrended Price Oscillator (DPO) of -0.6219, a KST Oscillator (KST) of 218.18193 and a KST Oscillator (KST Signal) of 218.18193 (leaving a KST difference of 3.50054). We also found an Ichimoku rating of 3.585, an Ichimoku B rating of 3.585, a Ichimoku visual trend A of 3.04785, an Ichimoku visual trend B of 3.1791, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM: The Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 87.38259, a stochastic oscillator of 400.0, a stochastic oscillator signal of 400.0, a Williams %R rating of 300.0 and an awesome oscillator of 0.01833.
RETURNS: There was a daily return of 21.82155, a daily log return of 1.14291 and a cumulative return of 1.14824.
Analysis of technical indicators for Fannie Mae (FNMA) is telling us that this is still a buy
And you aren't understanding what I was saying, I never stated that they where struggling and I probably understand FnF finances more than most people on this board. I've been buying them since 2012, and also never said they where struggling to get out of OTC. It was a mere suggestion of the quickest way to do so. If you can't see that is what I was saying, you weren't truly paying attention. Also they have to be above $4.00 for thirty days before they can apply to get re-listed. That's why I made the "SUGGESTION"
Never said they'd never come out of OTC, just saying it's the quickest way
They still would need much more capital before they could do any buybacks.
That money is what they use to run the company for the year, They would need a lot more in reserves to do so
It would, If they had capital to do so, but unfortunately they don't.
And a Reverse split could get them out of the OTC market after 30 days, and the price will not be manipulated the way it is now.
Even a 1/2 would work, and I know most people hate reverse splits, myself included. It's usually a sign of a company going under and ripping off investors. But FnF are not your typical company's, and they could do a buy back after a year or so.
I was talking about 1/3 reverse split. I just typed it wrong. The only real problem in doing it, is the amount of outstanding shares there would be.
FNMA report for 10-15-2019 Analysis on Fannie Mae (FNMA) trading over the last 2 weeks and the past day especially. On its latest session, Fannie Mae (FNMA) opened at 3.57, reaching a high of 3.6 and a low of 3.48 before closing at a price of 3.51. There was a total volume of 2133683.
VOLUME INDICATORS: We saw an accumulation-distribution index of 59.17667, an on-balance volume of 3.58, chaikin money flow of 7.0 and a force index of 0.0169. There was an ease of movement rating of -0.00067, a volume-price trend of 0.77631 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.12192, bolinger bands of 3.55657, an upper bollinger band of 3.44343, lower bollinger band of 3.48, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 3.55, high band keltner channel of 3.52, low band keltner channel of 3.58, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 3.48, a donchian channel low band of 3.48, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.0009, a MACD signal of 0.0005, a MACD difference of 0.0004, a fast Exponential Moving Average (EMA) indicator of 3.48, a slow Exponential Moving Average (EMA) indicator of 3.48, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.24069, a trix of 16.29305, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.6233, a KST Oscillator (KST) of 218.18882 and a KST Oscillator (KST Signal) of 218.18882 (leaving a KST difference of 3.50054). We also found an Ichimoku rating of 3.585, an Ichimoku B rating of 3.585, a Ichimoku visual trend A of 3.04785, an Ichimoku visual trend B of 3.1789, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 87.38259, a stochastic oscillator of 400.0, a stochastic oscillator signal of 400.0, a Williams %R rating of 300.0 and an awesome oscillator of 0.01833.
RETURNS: There was a daily return of 21.81888, a daily log return of 1.14287 and a cumulative return of 1.14943.
analysis of technical indicators for Fannie Mae (FNMA) is telling us that this is a buy
That's a reverse split I'm talking about..
Fannie and Freddie both need to do a 3 to 1 split. Then in 30 days get re-listed and it'll attract new investors.
Judge Alejandro asked the Wazee Plaintiffs, FHFA and Treasury to submit briefs by Oct. 23 telling her what she should think about the Collins decision. Court Documents attached " PDF "
http://www.glenbradford.com/wp-content/uploads/2019/10/18-cv-03478-0038.pdf
That appeal was from 11/2018
Judge Alejandro asked the Wazee Plaintiffs, FHFA and Treasury to submit briefs by Oct. 23 telling her what she should think about the Collins decision. Court Documents attached " PDF "
http://www.glenbradford.com/wp-content/uploads/2019/10/18-cv-03478-0038.pdf
I don't know why this was double posted, but it was not me...
Two week trailing of Fannie Mae ( FNMA ) 2019-10-11 How Fannie Mae (FNMA) has been trading over the last 2 weeks and the past day especially. On its latest session, Fannie Mae (FNMA) opened at 3.65, reaching a high of 3.68 and a low of 3.52 before closing at a price of 3.58.
VOLUME INDICATORS: We saw an accumulation-distribution index of 16.608, an on-balance volume of -3.79, chaikin money flow of 3.1 and a force index of 0.0672. There was an ease of movement rating of 0.00879, a volume-price trend of 1.56422 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.09229, bolinger bands of 3.72568, an upper bollinger band of 3.58431, lower bollinger band of 3.68, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 3.84, high band keltner channel of 3.68, low band keltner channel of 4.0, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 3.71, a donchian channel low band of 3.52, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00115, a MACD signal of -0.00059, a MACD difference of -0.0007, a fast Exponential Moving Average (EMA) indicator of 3.71, a slow Exponential Moving Average (EMA) indicator of 3.71, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.8, an ADX negative of 20.8, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.54871, a trix of 30.84713, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.68471, a Detrended Price Oscillator (DPO) of -1.0319, a KST Oscillator (KST) of 389.6874 and a KST Oscillator (KST Signal) of 389.67562 (leaving a KST difference of -4.72251). We also found an Ichimoku rating of 3.92, an Ichimoku B rating of 3.94, a Ichimoku visual trend A of 2.8657, an Ichimoku visual trend B of 2.99120, an Aroon Indicator (AI) up of 4.2 and an AI indicator down of 4.2. That left a difference of -4.2.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 86.65411, a stochastic oscillator of 200.0, a stochastic oscillator signal of 200.0, a Williams %R rating of 100.0 and an awesome oscillator of -0.-4122.
RETURNS: There was a daily return of 38.94574, a daily log return of -1.36801 and a cumulative return of -1.3247.
AS OF 2019-10-11 Analysis of technical indicators for Fannie Mae (FNMA) is telling us that this is worth holding.
I'm not sure if you had seen the date that was 6 months old " Apr. 02 "
I'm not sure if you had seen the date that was 6 months old " Apr. 02 "
I can agree with that.
Yes I’m talking about the NYSE, I said so in previous posts
Before they can apply for re-listing
Yeah, I only spent 8yrs in college for Finance, but you know better
Also, IPO's are $4.00 and above to get isted. When a stock gets de-listed, it must be above $4.00 for 30 + days. FnF are not IPO's
You can do your own research
It has to above $4 for 30 consecutive days, before they can apply for re-listing
He asked for the general guidelines for de-listing and re-listing. Not what FnF did or asked for.
10/04/19 Morgan Stanley maintains Chesapeake Energy (NYSE:CHK) with a Overweight and lowers the price target from $2.75 to $2.5.
Sorry, I only saw the date at the top, not the one you posted
10/03/19 Trump to Congress: Overhaul Fannie and Freddie or I Will
Says they'll need 100 billion combined, which would take around 2 1/2 years to build up that much capital
https://www.newsmax.com/finance/streettalk/trump-fannie-freddie-overhaul/2019/09/10/id/932016/
Re-listing of a stock
The NYSE has stricter standards for trading. The $4 share price and $100 million market value apply, but a company must have at least 2.5 million shares outstanding and 5,000 public shareholders. In the case of a non-American company whose home market does not have "registered" shareholders, the NYSE requires that a member brokerage firm attest to the depth of market and liquidity of the company's stock.
Delisting of a Stock
Delisting occurs when a listed security is removed from the exchange on which it trades. A stock may be removed from an exchange if the company for which the stock is issued is not in compliance with the listing requirements of the exchange.
How to Stay Listed
The criteria to remain listed on an exchange differs from one exchange to another. On the New York Stock Exchange (NYSE), for instance, if a security's price closed below $1.00 for 30 consecutive trading days, then the exchange would initiate the delisting process. Also, exchanges charge annual listing fees that companies must pay to stay listed. Beyond that, there are also significant legal and compliance costs associated with a company's listing.
In addition to the price and fee criteria, the major exchanges also monitor market capitalization, shareholders' equity, and revenue, but the price criteria are most common.
What Happens to Non-Compliant Companies
When a security is found to be not in compliance with the exchange issues, the company a notification of non-compliance, but the stock is not immediately taken off the stock exchange. This letter allows the company to respond with a description of the actions they are taking, or plan to take, to become compliant with continued listing standards. If the company doesn't respond with their plan of action within 10 business days of the receipt of the letter, the exchange would proceed with the delisting. If the exchange accepts the plan, the company's financial progress will be monitored by the exchange according to the milestones outlined in the plan.
The SEC decides if you get de-listed, not the company, and if they stay above $4.00 for more than 30 days they can file for re-enlistment with the SEC
Fannie has to stay above $4.00 for 30 days to get re-listed on NYSE