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DaJEster on FNMA is smacking Krap Talk Thomp19 down but good! LOL. DaJEster using logic that guy can't refute, his post 791358 is a brutal FACT for the Krap-Talk Thomp19. These JPS clown boys don't realize, they are no more right than the rest of us, it's all speculation until it's not, so they need to stop pushing their paradigm agenda. Someone tell DaJester Kudos! Since I am an FNMA board pariah, lol
man, Oh man, spot on!
The way things are going....We'll get relesed (by Trump) before these damages get to our pockets. There is a game by governement to push every court decision dadline, to do every last minute appeal, all to push things further and further out to make sure any other legal matters can not be put to a challenge due to the expiration of viability to bring to a court. This is all by design. Anyone who lived through the years and years of Judge Sweeny playing patty-cakes with the government lawyers should realize this. Sweeny talked a good game to appease the plaintiff lawyers, but when it mattered, she caved and allowed more and more appeals and she became nothing but a can kicking judge FOR government procrastination.
It's maddening that these judges can't be sued for non-expediant due process of these cases.
That will be watched like a hawk by the republicans and the banking committee. Hopefully Biden says something about releasing! Why? Because Trump will jump all over it and tell you why it's a such bad idea for this administration to mess with us. I guantee you anything Biden says will have to do with one of two things or both.
1. raping the GSE's by the government for more money to fund "other" things. (they've run out of taxpayer money with the current debt, socialism strikes again! lol)
2. Free housing give aways.
That last repy to Carney was 👍️👍️👍️
i personally believe that this is only a matter of RR (Release, Relist) now, not RRR (Release, Relist & Recap). Recap has happened and is till going, but will discontinue once a sane capital standard and truthful stress test are pushed to the forefront. This is something the JPS dillution solution crowd are getting very affraid of now! they see that capitalization number approaching ardediculous amount, so their legs get weaker and weaker to stand on ass far as IPO nonsense.
Does this guy work for the government or the MM's manipulating? Folks need to use caution on these runs. I learned my lesson years ago. Trading daily is very dangerous on the GSE's. It's better to watch these runs, then wait for the inevitable two or three price drops to buy cheap and then hold. That's been my goal for the last 3-4 years. These nickle, dime, 15 cent pops are nothing but a setup to pull the rug out, as one poster said on the FNMA board. News of release or any solid news there of would spike this far more than these chump change pops, and this is why it's better to try and build a position on the drops instead of thinking you can get in right at the exact time or while it's climbimg. These head fake mini climbs are only enriching the manipulators, and I have no doubt they pump and lie on these boards. OTC
HAhahahahaha. Get ready! Hope you have plenty of kleenex handy.
Oh yeah, I agree.
i listed more than that. reading comprehension. Yeah, there are those who would drop money for the pref pay out, for sure, if a buck or more per pref share that's like anywhere form a quick 15%-25% gain. Some would jump for the FMCC pay out who are math lazy (there are lots who are). You give the retail 401k investors too much credit. You think they operate like a seasoned broker? Nope. They jump at whatever seems like free money.
There's like 30-34% out there who wants to keep this economic and world situation going! that's all you need to know.
I think there's news that leaked from the courts about the governments appeal, not in that video. Something is up. Also 2 years mentioned in that video for an appeal, so heck yhea, people hoping for a nickle or a buck jumped ship. Does Lamberth get any say in an appeal? since it's a unanimous jury verdict, can he shoot any appeal down? The case was originally remanded back to him from the higher court, so one would thnk THIS BULL💩 IS FINAL.
220 billion target capital is completely wrong! Mazzo buys into the lies, like Bradford. We are well capitalized NOW and systemically stress tested bullet proof. By 2028 we will be hugely over capitalized. The GSE's are being used politically, period! I bet we could hit 220 billion and these clowns would come out with one of their thnk tanks saying we need double or triple that amount. It's all a game to keep shareholders locked in a tower and taxpayers blind sided to the misapropriated money of the GSE's being spent.
What a thumping today! no news, no reason, no rhyme. Commons, JPS, FNMA, FMCC, no one escaped. Yet...A guy like Blabford believes something Criminally, and completly controlled by the government will play into his pie in the sky outcome for a certain share class. LOL LOL.
John Steinbeck :
I know now why confusion in government is not only tolerated but encouraged. I have learned a confused people can make no clear demands.
Always rigged against us little guys, Eh? lol, never fails
I wonder....does OTC market not open at the same time as say the DOW? 15 minutes in, my portfolio shows everything active, price changes except the OTC stocks I have {FNMAS, FNMA, FMCC}. This happns alot.
If there is any payout action to be taken, pretty sure we'll all be notified via mail by the class action information place that posted out the actual flyer in the mail. That may or may not have a break down of amounts per share type, but definitely will give a date or time frame for distribution. If we see this, then the judgement is more or less final (no appeals). The government loves to push the deadline on all this, so whatever time they have for an appeal, I'm sure they'll use almost every day. Until something shows up in your US mail, don't start counting those chickens.
I think you have every right to feel the way you do Ngoya. Navy, Guido, Robert from yahoo, and others have the right idea to harass them with their own convoluted system due to this convoluted corrupt conservatorship. I don't mind helping them out on "X" or wherever I can.
Agree. there's been even wilder swings in the past thhat had no rhyme or reason. The government MAFIA put th word out to the street on this, that I have no doubt, and anyone not following the goverrnments lead gets dragged to DC in front of the banking committee or a congressional hearing.
agree! I'd file. these shares are definitely manipulated somehow.
Perfect call out of the propagandists
That was dumb article
Based on this ruling, it would appear the award will show up in individual brokerage accounts, which I have advocated and assumed would happen. A check would have been more difficult over all, tax wise. If your brokerage account shows the payout, you can reinvest or withdraw based on how that accounts tax implications affect you. If a ROTH, you're golden. Guido should be happy, he converted much if not all of his to a ROTH, so I'd assume any payout to his account, he could take the money and run tax free! Doesn't get any better than that.
If it is in a brokerage account though, wouldn't you conssider this a dividend payment then???? Very thin line. Hera specifically says no dividend payments until released.
Wow, okay. I thought there was one or two cases that had legs still and they were procrastinating moving forward because they were waiting on this ruling? Someone posted a short list of on going cases a while back and this ruling had direct affects.
Thank you ACE!
it's been quite some time since nyone has posted any update on the other active cases. Everyone micro focused on this class action decisin. Does anyone here have the latest info on progression of the other litigationn?
I am hoping a new class law suit gets diled very soon by Fannie shareholders.
Maybe a bunch of us could go in and buy an invite, go as a group, LOL
ABOUT TIME! Now let's see if there will be any further legal action by either side.
Thanks for the heads up.
4-5 trains are much better! three seemed to draw bad luck.
that's true. I'm not buying at all the past 9 months. sorry i did not pull the trigger on the last of my dry powder for FNMA when it was under $1 months ago .
should'a, would'a, could'a, hind sight and all that. lol
Yep. I am leery with runs like this that are nickle, dime 0.15 jumps. It seems we always retrace back becase someone with deep pockets shakes down all the FOM buyers. This is why i say quarter to $1 bump will be real movement, but still highly manipulated until we hit $6. If anyone remembers years ago when it went from like $3.50-$4 to $6 in a short time, then lots of news was being thrown out about that price move, then very shortly after, many in the government started talking it down, down, down. This was during either Obama 1 or 2😡 maybe both. They hammered it in the news and in government speeches until it got down to $3 and then even below that in the two's, where we languished for some time. It was criminal then and now, they should have all been thrown in court by the SEC, but you know the clown running that during Obama 1 & 2, so yeah, not a thing happened except shareholders thrown to the short sharks.
Pinnacle.......That may be after this lazy judge finalizes and maybe another law suit gets going favorably? There has to be a method to the price move up.
I don't think Trump will hire him or Clabria back. They talked a good game, but when it came time to move the needle, they waffled, to mad MAx of all people. Calabria especially will be avoided because he was a Pence groupie, and Pence will not endorse Trump. There will be new people mostly. He'll only carrry over those who did their jobs last time.
LOL. It's what is referred to as (drum roll please) liberal logic. These people keep shooting themselves in the foot with every policy move, There's no thinking analytically about cause and affect, or future repercussions. They think only about what they want to do now to get a vote and stay in power period, any affect later be damed, lol. it's why things like housing are such a mess and EXACTLY why you don't want this administration doing anything to the GSE's situation. Wait until the next administration, and hopefully it's a far more common sense group of people....minus the string pullers and DEI groupies.
example: this inflation is barely understood by the current administtrations voting base, they do not comprehend that inflation is CUMULATIVE (sticky), never comes down, only goes up - unless you have a period of disinflation, which is dangerous. What they also don't understand is this administration promised not to tax anyone making under 400k! lol, lol LIARS. Inflation IS a tax, but here is the worst part....Everyone's homes have been reassessed over the past few years and all that inflation over the past few years has been incorporated in to your (drum roll again please) PROPERTY TAXES, which are getting very unaffordable and is something new buyers get slammed with when buying a place, because the taxes catch up. So much for not raising taxes on the lower and middle class. THEY knew this would happen, but due to their obfuscated talking points semantics and deep economic incomprehension of their base, they got away with it. Their base does not realize it yet possibly, but they've been super duped. Those property taxes hardly ever come down, just like increased food prices.
Some would cry about this being a political posting, but it is not. It is facts on why you do not want this admin doing any release with a 10 ft pole with the GSE's, that's my opinion, but I would cahallenge any Voter of the current administration to prove me wrong on inflation, high food prices and high property taxes, which all affect affordability of buying a home. Paying a weeks pay for groceries for a family of four and high property taxes gives you a whole lot less for a mortgage payment to build equity.
So much for affordable housing. Par for the course with this administration. Make a fire, dump gas on it. Claim there is a housing crisis, USE GSE's to push giveaways to buy homes costing a fortune because of regulation insanity. Just stupid to throw a bunch of insane home building requirements at builders who are not even sure they'll make money on a standard home.
https://www.foxnews.com/politics/little-known-international-ngo-finalizing-building-code-forcing-us-homes-to-be-green
Seems every other time commons climb, the JPS drop🤔... Someone with big money (MM's) swing trading to capture the lemmings. It's very weird how the money keeps cycling between commons and JPS
They could of shortened that a lot! something like this....
We are charging worse than any mafia criminal orginaztion in the history of our country! While we hide behind a phoney obligatory lip service of taxpayer protection, we take these dividends into our general fund, which is slush money for whoever is in charge administration wise. Nothing to see here, move on. We have no reason to explain our actions to anybody, any American, or any court. The money is ours, keep dreaming taxpayer.
Today's a reckoning. This is positively manipulated by a few with deep pockets. Lots to be made here with the pumpers on FNMA and new posters showing up there pretty regular. I will not do a thing until we hit $6. Until that hits, we are going to be deeply prone to manipulation. IF FNMA should fall back to what I consider a buyable hard o manipulate range, I will pick up one last chunk. Until then, good luck, be careful, especially if trading.
Market goes up, we get slammed, lol. Typical. Be careful buying folks.
very strange. Why is he stalking Navy?
FNMA has always been higher priced and the spead, I woud think, will get back to where it used to be. FNMA is lareger, bigger book of business and has always made more than FMCC.if you look at history, prior to 2008, 2006. They moved in a synchronized way back then. Either one is a good pick.