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He doesn't understand haircuts ever since he went bald.
It absolutely baffles me that no one in restructuring from any of the major investment banks have had the common courtesy to let Tim Howard know how wrong he is about the capital raise.
What a clown.
The share price isn't as important as % of equity ownership.
One $100 is equivalent to five $20 which is also equivalent to one hundred $1 bill.
Karen, your math is off.
TH is absolutely clueless. Spoken like someone who's never been through a restructuring. I don't blame him since Fannie never went through one throughout his entire time he was there. So sad.
BRUH, there ain't no fannie mae in there. WRONG BOARD.
If it hits $12.50 and there is no definitive exit news, it would be prudent to sell off a large chunk.
To go from $12.50 to PAR @$25 is a 2x.
There are plenty of other stocks out there that can 2x with significantly less risk.
That is enough for me.
I never said I had no position.
I sold off ~25% a few weeks ago.
I still have 75% of my original position left.
As much fun as it is to hang out with all of y'all. I'm preparing to exit at a moments notice as soon as it seems semi favorable. I'm not sitting through all of the ending credits of this movie.
It's been way too long.
Anywhere from $8-12 around election time is enough for me to reduce down another 50%... Aiming for 25% left by the end of this year. However, if price holds around that range after Jan 1st.
I will be exiting completely down to 0%
If Trump cinches the election in November, the euphoria could very well send the JPS close to 50% of PAR... since historically it has reached that high multiple times in the past.
I don't know about you but if your predictions is anywhere from 50-100% of PAR... I'm liquidating at least half of my position if it goes near 50% of par.
A double from 50% of PAR can be done with much less risk in another stock...
That's according to Fannie Mae. There's no input from me.
Wish received. 20x40 feet for $30k. Yet another housing crisis averted.
https://www.amazon.com/Portable-Prefabricated-Expandable-Warehouse-Workshop/dp/B0CZSC9R8N/ref=sr_1_2?crid=29LT33XIFLH18&dib=eyJ2IjoiMSJ9.zlIyz0NKf5T5ryC3m006IIaod9Jlc8XKaaH6xSvZBZBPlELgcSbHUW7Sce3c1Z4nzF44en96ygBpOg55VYzQrCsHb7JKFm-W0RZ1ZhV6YCvnGNXqYIjbBTLI3oocu1iH2ynIKs5FhDwC4nBszKlrtGfb2-zVmmS9cKaB8Ib0BsK03-6aD9KPmPMyq3S0dBiZemC7K_8cOqjsIFNP2HHXYPRH_gfx_ECpdF4gErO8MFIvcSkeIg4KuI69Cf3ZO5BHlMF5jlPzRM0Hshx8MEhbhwbGanI2uZeUEfhFf6qj80k.h1f0Zno2Cn94ueSrnJ2GHpyaD2k_7NI38gMQA4KFGZ0&dib_tag=se&keywords=prefab+house&qid=1715519656&sprefix=prefab+house%2Caps%2C70&sr=8-2
ASK and you shall RECEIVE.
Prefab tiny homes from amazon for $12k a pop... Housing Crisis Averted.
https://www.amazon.com/Jaxenor-Portable-Prefabricated-Expandable-Warehouse/dp/B0CMV3PY55/ref=sr_1_11?crid=1JKZXKHV4YHYZ&dib=eyJ2IjoiMSJ9.1A2G9f3khpsQF-tsuKAhLCTSSeGueL0vh6lsBlLfNDR0fSISp8S7IJLLZvn_NngCB-MEzoTyPgKpmCxaGSSwSE_htXFDOf7S9VAptCQuidvXYyRtFHRTkM4yqNPY_hCbxBGvFdMFBYKXqxAiAjPDuPwzDw4PAxpudyw4lTCkJ9FixjwbNL2d0yYIgY4Fnc7GzLdXFx3NifHpaULRGKKCgdTRZ9DdR_vmcqDsqc_9cop6u6plQw9HTDCXl3EoDAxmulYpLM-wXnPtBOzGlfLDn5-X2l6kaQRzSJOjCabGOEg.1hOQ_rHWnjDpzrFcAfHbXFedWxAYERgfc72ZTph-te0&dib_tag=se&keywords=tiny%2Bhome&qid=1715370657&sprefix=tiny%2Bhome%2Caps%2C93&sr=8-11&th=1
The US govt also said FnF were in great financial shape and then turned around and put them into conservatorship.
Recap for catalysts on the horizon:
- Potential end of june recap/release as per Bradford
- November elections Trump bump
- Lamberth damages ~2025
Aside from that everyone is sitting around watching paint dry.
That is encroaching on the TBTF banks' business...
SEC blocked Buffett and Munger from buying FnF.
🏠Ready to help shape the future of housing in America? RSVP for the @BPC_Bipartisan Housing Summit on June 11. We're finalizing discussions on critical topics like affordability, housing resilience, & more. Be a part of the conversation: https://t.co/Ec2k0js2NW
— Dennis Shea (@DennisCShea_) May 2, 2024
Come on Joe, set FnF FREE already!
Incorrect.
The pattern is: We are certain to go green for 2-3 days whenever Along4Zride initiates his short.
I still believe in the thesis, I'm just reducing exposure so I can mentally move on a bit.
If you've completely sold out, you should move forward and not look back at this. Otherwise you'll just end up like Amelia.
I'll still have 75% left, don't I still qualify?
Sorry boys, I'll be putting on some selling pressure today. Liquidating 25% of my FnF position today.
If we get a 2x-3x donald bump in November, honestly I may just sell out and end this saga.
We all need to move on with our lives.
It's absolutely insane that this administration will pass the baton to the next one.
Leaving the fate of FnF to the donald.
It may be $SANDRA
Commons to the MOON $444/SHARE 🚀🚀🚀
We lost the APA (Administrative procedures act) in SCOTUS.
Yeah, we've a housing crisis.
In the spirit of old news.
$BOOM Treasury Secretary to free FnF!!!!!!!! 🚀🚀🚀
https://money.cnn.com/2016/11/30/investing/fannie-mae-freddie-mac-mnuchin-trump/
The boom was last week bro.
We need to move on with our lives... Sandra, just shoot some fireworks already.
Still awaiting Barron & Co lawsuit.
Why would you even respond to him?
Just like the day of getting put into conservatorship came out of nowhere... the exit will come out of nowhere.
Ain't no one going to give you even a day of advance notice.
What's up with the plunge towards the closing bell? Which one of you goblins had weak hands?
If there is enough of a trump bump... it's time to sell out a chunk or GTFO of this.
Paulson is a preferred holder not commons.
I suppose 🤡 can't read.
The effective date for the amendments refers to the four bullet points immediately above.
The hour will go by and FnF will still be stuck at a buck fifty.