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And they are off. 115 acres drilling for black gold
I need a new broker
Fees to buy otcbb shares are insane! I tried to buy 2mil shares at .0003 and fees were nuts. Do you guys experience that?
I read somewhere that the bonds would still be around but not the equity? The bonds would have an option to participate in the new shares, can anyone confirm?
He wrote that when it was around $2.50. I don't see how he has such high revenue estimates. Either way this company needs to make some money and go profitable
I'm following it. Tell me why I should buy?
2.50 today bc newbies will get scared and sell. Just hold. Don't sell. Same sell off happens after the large rise
Why do you clowns keep discussing charts? There are no reference points with this
Forget charts. Read the proposal. (1) His proposal states that Existing shareholders would get 20.1% of all profits based on the legacy business and then govt would get the 79.9%. His arbitrary cut off date is 7/1/2014. (2) The preferreds would get converted into common shares of the "newco" which is the existing FnF mortgage insurance business.
Fnmas soaring. Bring it on
How many shares you have and what price
Released at 1:30pst/4:30est
Buy $600 dec call / Sell $650 dec call. Debit spread paid - $2.50. Current position
Solid support and a good week. I like the action.
I'm looking for long term move on this not small rises. Traders will get smoked later
I'm actually happy with this. Shakes out the idiots. If we hover around two it will be gd
People wont step in to buy now. Same pattern as before. This goes back to 1.50
Same chart as May. Huge drop and then bounced up. Overall. Its going to stick around 2 and volume will collapse
Exact same chart in May. Huge drop and then semi bounce. Overall this is going to stay around 2 though
It had a fast move. Just keep holding on
Lol to the guy who said is lucky to have sold at 245
No resistance until 600 on Appl. Coming in few weeks
Wall St. They hate you at $1 but love you at 2.20+. Thats only a month change.Funny money
I am also in around 40c. Sold some a little too early though
The narrative and momentum has changed. There will be a follow on pressure to release these mfkrs from the govt death grip. The net dividend sweep will change
That's all good but the net income sweep goes straight to the Treasury. So any potential news on this has 0 effect on their Capital
Have 15,000 shares sold at lost run up around 1.50/2/3. The other 15,000 I am holding forever . I bought in around 33c.
Wait for $10. This is nothing
Buyyyy
I had 35, 000 shares at 37 cents back in april. I sold some around $3.50, $2.30, and $1.50. I'm left with 15, 000 shares that are no cost to me. I could have dumped them all around 4+ but thought it was going higher. Thoughts?
I had 35, 000 shares at 37 cents back in april. I sold some around $3.50, $2.30, and $1.50. I'm left with 15, 000 shares that are no cost to me. Thoughts?
Blackrock buying MBS securities has nothing to do with Fannie/Freddie release from Cship
Strong volume. Volume is the tell on this one. Shorts got squeezed hard. May squeeze above $3 soon. Overall I wish I bought aamrq over fmcc. Too much uncertainty here
Price target is $80. Why sell at 2, 3, 4?
As long as it stays above $3 then its all gd
Bought 90, 000 @ 1.02 Gluck to you
Smart trade
Buy more. The end is nigh near nor far. They shall prevail and be released to us the free, mighty, and brave
What about middle of January?
They are better than the commons but less liquid. Spreads can be very wide. Although at this price this is a steal. Yes, they pay 20% of their net income as an annual dividend plus capital appreciation.