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This power hour is not power. Hope second half can power up.
Where is the orignal message which I replied? ...
Partial from the artical
Congressional Approval
A group of lawmakers including Massachusetts Democrat Elizabeth Warren, and Senator David Vitter, a Louisiana Republican, on March 14 introduced a bill that would ensure Fannie Mae and Freddie Mac couldn’t emerge from government control even if they end up paying more to the Treasury than they took in aid. The measure would ban sales of senior-ranking U.S. Treasury-owned preferred shares without Congressional approval and includes a provision blocking the use of fee increases at the enterprises to fund other government spending, moves some investors view as protecting the preferred shares.
The securities jumped last week after Fannie Mae said April 2 it had net income of $17.2 billion for 2012, compared with a loss of $16.9 billion in 2011. Freddie Mac reported in February that it earned $11 billion in 2012, compared with a loss of $5.3 billion in 2011. They’ve risen 2.6 percent at 9:42 a.m. in New York to $4.42 and are up from $1.67 since the end of 2012.
feel hopeless after read from your post. :(
‘Zero Support’
Ed Mills, an analyst at FBR Capital Markets said there’s “zero support” among politicians to have the government- sponsored enterprises come back to life and that the firms’ profitability will face further challenges as they’re forced to shrink. Investors have still been calling him more often about the trade over the past few weeks.
“There’s a lot of momentum behind this,” said Mills, adding he’s spent about 20 hours on the phone discussing it. “Ultimately, as GSE reform is completed, in that bill, the chance that nothing is given to the shareholders is high.”
.........sigh.......
go fnma go..... show me $$$$$$$$$$$$$$$$$$$$$$
we may stay like this for a while b4 break
what is this?
look like it is now, don't know 10 mins later
I mean political
if it can close like this today, 80% sure we are going to have good news on Monday.
Main board is all red.
Gov should not touch FnF to give recovery another punch.
.,..........
Should be same
Low volume and drop are not good sign
Must close green
Go fnma go
Nobody knows
Have to wait mm shows
Interesting no volume today
Because f and f have not returned $$ yet
Wow a lot of time for mm to play
Looks like trap is set
Storm is coming
Just place 20k order on low price. g2g
search Garrett in this forum
sold all at .85 Total net profit -1K
Sigh
go fnma go
anyone will sell because this news?
Well, this news is all this afternoon. MM already know.
Republicans do not like FnF
They want to wind down them to share $$
U.S. Representative Scott Garrett, a Republican from New Jersey and chairman of the House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, wants FnF wind down
sold my 20k for profit (.84- .90)
i feel opposite
volume is dry
0.868
just load 20k .84
guys, set your sell price to very high price. Then MM cannot borrow them to short.
If you are buyer, are you going to buy a stock with chart close like today? Buyer most likely to wait and check in next couple day.
Some holder maybe want to sell or hold on buy more.
Well, too late. MM win the time.
For this stock MM can set chart whatever they like to. They will cover their short first thing in the morning.
only 12% for this huge profit.....
very disappoint
what a f..K up close
lol fmcc is % ahead of us
they are waiting time to load up. will be above 1 just before close.
last half hour....... power on
guys, set up your sell price to $5 -$10.
Don't let MM borrow your shares to short.
must be above $4. no exception
i have same feeling too.
They cannot wait anymore
what a hard sell off