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Malebaboon, I live in Cali. Maybe they decided on location. I couldn't imagine how much a last minute round trip ticket from coast to coast would cost. Good Luck to all who got the itinerary! Let us know on the board how it goes...
Why would the VP of the Travel Agency be contacting you and not an admin person? Is there a way to verify outside of their website?
Itinerary got cancelled for the DC meeting.
I'm so sorry but unfortunately we have received a cut-off and are unable to facilitate current travel for individuals we were unable to book today going forward will not be booking any further travel. I really apologize and hope that you will still be active in our coalition.There are plenty of ways to help without being present for the event. A live stream video feed of the media conference will be available online at www.investorsunite.org. Look for more details soon.
We appreciate your willingness to stand up for investor rights and would like to invite you all to join our coalition. To join and be kept apprised of our efforts, please send an email with subject "membership" to info@investorsunite.org and you will be signed up.
We are planning different ways you can be involved in our Washington, D.C., efforts like sending letters to your representatives and helping get the word out through social media. We will be in touch soon!
Again, we appreciate your support and look forward to your involvement in our coalition as this legislation threatens to completely wipe out our investment in Fannie and Freddie. Thank you for your consideration, we will be in touch!
Thanks,
Investors Unite
Maybe they ran out of $$. I received this weird call at 1am this morning from 000000000 but I didn't pick up. Looks like a web #. I hope this isn't a phising scam. I know some of the folks here said they received their itinerary and its legit. Did you guys go to the airline site to verify? I wouldn't trust a email itinerary from the travel company.
Same situation here also. I received an email from Anne saying Becky tried to contact me and they need a response. I have yet to be contacted.
Has everyone gotten their itinerary for the conference yet? I still haven't received mine yet. I tried calling and emailing but no reply.
Kick66, did you get a hotel confirmation?
Malebaboon, how to dress for these events? Suit? Casual with jeans? Shirt & tie?
Nasjo, I just received an email a minute ago saying. The weird part is that I've haven't received anything yet. Something fishy here.
My colleague Becky indicated that she has reached out to you regarding flights. Please reply to her so we can confirm these flights ASAP.
Thanks,
Anne
Blanka, thats what Anne told me this morning too. I hope this isn't an April Fools joke! So who is paying for traveling & hotel expenses? Nader?
Obi, so this is the OTC version of option trading? Ackman gets a 1 year contract to sell versus a 1 month contract in option trading. This is a locked bet for Ackman.
No New Bills should affect FnF pps since the Courts will decide the shareholders fate. So why is the pps going down? Is this MM manipulation at its finest?
Any Gaps to fill? Since it closed at 4.13 on Friday and gapped up and opened at 4.45 today.
It took 2 days to bring FnF down in the low 3's. It will probably take 2 months for us to get back above the $6 range unless something new thats good comes out from the media.
Malebaboon, I concur. Out if the 3 big hedge funds Perry, Fairholme, and Pershing, Pershing is the only one without a lawsuit against the government. This is why I said I trust Perry & Berko more in getting FnF released. I think Ackman is only on the bandwagon for his benefit and not the shareholders like the other 2 hedge funds. If you have pending lawsuit vs the government I guarantee you're not trading any of your shares or doing anything stupid to lose your creditability in the cases. You would stay long and strong like Perry & Berko..
Obi, you're right that this is only speculation on my part along with Maleboon. I never said he got out of FnF. He could have orchestrated the tank to reposition himself to accumulate more shares. In that 1.5 hrs of free falling I would be very surprised that he was holding the whole time. I do not believe retail alone could not have caused that crash. Since you have access to Pershings quarterly info in a couple months lets go back and look to see if there was any involvement by Ackman.
I dont trust Ackman. I think he planned and manipulated the FnF stocks yesterday to his advantage. The timing of the attack gives the clue that a big hedge fund started this panic which triggered stop losses. The Crappo bill came out first thing in the morning and FnF was still riding above $6 range. If this was true Retail panic then FnF would have tanked right when the bill hit the news outlets. Ackman is known for shorting and bashing stocks. Look at what he's doing to Herbal Life. Of all the big hedgefunds Berkowitz & Perry are more trustworthy to help us get released. Berkowitz, Bove, Nader spoke out on this Crappo bill while Ackman stayed mute.
US follows Europe on Monday openings. Europe follows US the rest of the week.
TIMBER! 3.18 euro. We might open in the low $4's tomorrow...
FNM.SG Gappa Down 7.25%. 3.22 euro = $4.41 Wonder if this is related to the Ukraine War with Russia?
How can FMCC make more than FNMA? FNMA buys more loans right?
Im thinking Bove is the hedgefund that is investing and possibly along with others. Bove sent an email to his investors about how FnF could possibly payoff a couple months back.
For the longest time I thought you and BLUE was the same person minus the DD.
Tim Howard posts on Yahoo MSGB. I'm not sure if this the real Tim Howard but he sounds legit.
Ive been watching this message board for quite a while, I happen to know an extraordinary amount about Fannie and Freddie. The news today from the round table meeting that said the government will consider private share holders interest was a very big transition. I felt it could be of some assistance to give my opinion on the past, present and potential futures of these Co.s. This is a very simple trade as it boils down to 3 key components 1) The courts 2) congress/white house and 3) the huge role Fannie and Freddie play in our economy. If you have any faith in the rule of law you have to know that ultimately the courts will strike down at least parts of the current arrangement the government has in place. To think such a divided congress will agree on a total reform of home financing you haven't been watching the news. Fannie and Freddie play a huge role in what amounts to 25 percent of our economy and there is no way private capital can or be willing to fill their shoes. I will try to make time to give updates as this progresses. I would suggest that people do their own research as it is a pretty complicated situation as well as unprecedented in a lot of ways. I think there is an extraordinary opportunity to make gigantic returns over the next 1-2 years on Fannie and Freddie. You will need to be patient, as with any stock in this situation at the absence of any news will inevitably lead to a slow daily decline but once news hits they will pop up quite a bit. To try and time these is insane either long or short. The best bet is to do a lot of research and make a plan than buy and monitor the situation. The news from today did not get out in the mainstream till towards the end of the day, the fact that it is not even a hot topic on this board was a deciding factor in breaking my silence. THIS WAS HUGE NEWS!!!
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Id like to expand a little more on just exactly why this was such big news. This gets into key component 2 - Up until this point the government has been very firm and explicit about how they feel about the original investors in Fannie and Freddie one only has to read the Governments motion to dismiss the Fairholme case, they have been very clear that the common and preferred were essentially wiped out. Senators and congressman refused to even acknowledge us in any discussions to do with Fannie and Freddie. Now all of a sudden we have a 180 and they are willing to consider private share holder interest? This will be looked back as the beginning of the restoration of Fannie and Freddie. This is exactly how I anticipated it would start. Why this sudden shift? This question leads us right into key components 1 and 3- It is widely known that at these round table meetings several hedge funds have suggested that it would be more prudent to just keep Fannie and Freddie alive since they are working so smoothly rather than try and create a whole new enterprise. Obviously the reality of the situation is sinking in that to eliminate Fannie and Freddie would end the mortgage market as we know it. The 30 year fixed rate mortgage would end, this could deal a death blow to a struggling recovery. The other factor to consider is that the court will soon rule on the governments motion to dismiss, Im guessing that there are already whispers coming out of the judges chambers that things aren't looking good for the government hence why they have started back tracking on their position. Thanks for all the support Im truly flattered . I don't want to share anything personal here I'd just like to use my expertise to try and help people make more well informed decisions regarding Fannie and Freddie, if anyone has any questions feel free to ask and Ill try my best to answer.
If the Berkowitz deal goes thru how much is FNMA pps worth for the commons? I overheard someone saying between $8-10. Corker likes Berk's proposal and was said it was along the lines with Corker/Warner bill.
Jim Millstein is talking on the Senate Housing Reform Hearing on Friday. Hopefully he can sway the Senate.
The fact that the Big Hedge-funds are willing to risk to go all in on FnF should say something. The Gov wanted private capital, well here it is. This offer from the Hedge-funds caught the Gov/FHA by surprise. They definitely were not expecting this. We should hear a reply from the Gov/FHA really soon. I think someone here stated that there will be a response on CNN tomorrow from the Gov. If this doesn't play out then we still have the lawsuits that will prevail.
GLTA
Do we know how much Common PPS is worth right now if that scenario happened?
Obit, does this mean the Commons PPS will get liquidated for what its worth at the time?
This run is different from last May run. In May fnma ran because the Hedgefunds investing news fueled it. This time around its the same but the Hedgefunds are going all in! They want to purchase and takeover....
The new PPS is here to stay.
If FNMA ever gets liquidated it would be nice if the Government gave a full refund back to all the Common Shareholders on what they invested. This would prevent Common Shareholder lawsuits possibly but I know this would be a dream and would NEVER happen.
Timberrrrrrrr! Euro stock is down. I predict below 2.30 open tomorrow.
Unless we get released from C-Ship the faster we go up the faster we fall. I recall from the last run it went from $5.44 to the mid $2's in an hour.
FNM.SG is already up 3%. I predict we open between 2.30 - 2.35
Between $4-$5 will be the ceiling before it starts dumping. There are a lot of folks who are still trapped and still holding on tight from the last run in May/June where their buy price was between $2.5 - $5. Once they break even they are going to sell. Just my prediction.
Long FNMA
I'm not saying that people are Pumping or Dumping on this board with their opinions. I'm just trying to be neutral and stating the facts along with reality.
We all know about the lawsuits from the Hedge Funds but that doesn't mean we will go on a wild 3rd run. Lets be honest there's been several lawsuits in the past 2 months which didn't manipulate the stock price. Obama literally destroyed the 3rd run with one statement. We may see a little bounce but nothing like Q1.
This 3rd run will not be the same. Its like comparing apples to oranges. During the Q1 run there were news of big Hedge Funds investing Millions of dollars along with great Q1 profits with little negative news. This quarter we are see a log of negative news for FnF from lawmakers & Obama. We'll be lucky to break $2.
Long FnF
Weak 3rd Run Coming. It will take more than Quarterly Earnings to make this go. The 2nd Run had Hedge Fund investing in FnF. We haven't seen any more Hedge Fund investments since April/May. Plus there has been more negative news out there than positive for FnF. It will not go over $3 this time. Mark this post.
I don't know why all the people on this board think Watts is Pro FnF? Everything I've read indicates he's against FnF and wants to take them down.