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Bipolar much?
That is even a reach for your standards. GLTA :)
I am sure you did. A little too son imo
Very little imo
The ever dependable “gap filled” post to justify a large drop
You used to have fnma at $50 and fnmas at $100. Do you still think fnmas is worth $100?
Is there a reason why you didn’t highlight the following?
“Using what Bove calls "aggressive calculations" for net income, he estimates that Fannie Mae's common shares are worth $1.68, while Freddie Mac's common shares are worth $1.50”.
Enough triple train emojis might just get the price to Bove’s target.
Fmcc in the red while Pfds are soaring. Folks, this does not look good. Smart money is roaring from commons to pfds.
It’s amazing that people are not willing to buy down here. It keeps drifting lower and lower as the price estimates go higher and higher.
It seems like people are not buying the high price estimates anymore.
Maybe nsfraudbuster can confirm if there are any gaps that need to be filled.
You say that as fact. You could be 100% wrong.
Run for the Hills. He sees the writing on the wall.
Ah yes. The “gap has filled”. :)
I have a feeling this might be the first correct thing you have heard. Gossip is hot in certain message boards.
Any update on SEC warrant letter?
And if they are not happy?
He was talking about commons eh
It is a real wonder why FNMA is falling so hard with an SEC letter stating the warrants are illegal sitting in a mailbox in Canada.
Eva Lopat was saying the same thing on Twitter. Seems to confirm what you are saying.
Can someone update cryptonadars predictions? Seems like they have come and gone.
Mods, if you can figure out how the sticky button works, please sticky.
Can we please sticky this?
Thank you for linking a 2012 write up. I prefer to look at the treasuries website right now. If you do, you will notice the following.
“Can the government exercise its warrants whenever it wants, even if it is disadvantageous to the companies? Yes. Treasury can exercise its warrant for up to 79.9% of the common stock of each GSE on a fully diluted basis at any time during the 20-year life of the warrant.”
https://www.treasury.gov/press-center/press-releases/Pages/hp1131.aspx
It is from the treasuries website. I would believe that source over an iHub post. :)
Can the government exercise its warrants whenever it wants, even if it is disadvantageous to the companies?
Yes. Treasury can exercise its warrant for up to 79.9% of the common stock of each GSE on a fully diluted basis at any time during the 20-year life of the warrant.
https://www.treasury.gov/press-center/press-releases/Pages/hp1131.aspx
What if’s are fun.
Rumors that fmcc will fall sub $1.2 on a Biden win. Best to cut losses now.
Sticky please.
You are misreading it.
Probably not a smart idea. They have been very on point so far.
Wrong :)
The SEC warrant letter has gone from sitting in a mailbox outside to now being an email. Buyer beware.
It was posted a few years ago that it was sitting in a mailbox outside. I am confused.
Wrong.
It was posted that the warrant letter was actually an email. Does anyone know if the SEC warrant letter has now become an email when originally it was a letter?
Disappointing price action given how well pfds are doing today.
Man you still don’t get it do you?
Brush up on yer finance terms.
Warrants warrants warrants.
Time to bring those price estimates down to earth.