Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Stevens said there is a $200B credit line, slight difference
http://thehill.com/blogs/congress-blog/economy-budget/283271-why-we-need-to-move-past-recap-and-release
http://investorsunite.org/stevens-watt-better-not-even-think-job/
Didn't Lew say that US Treasury has 250B put aside to deal with FNF case... he is expecting Court(s) to rule in favor of the plaintiff in any one of the cases. .. so funds are ready to pay up.
Imo good luck and go fnf
Fannie Mae Prices $901.0 Million Multifamily DUS REMIC (FNA 2016-M6) Under Its GeMSâ„¢ Program
http://www.prnewswire.com/news-releases/fannie-mae-prices-9010-million-multifamily-dus-remic-fna-2016-m6-under-its-gems-program-300285262.html
The Golden Cross is the reason for the increase in PPS IMO, believe it or not
The MA-50 crossed the MA-200 yesterday and today the MA-50 is above the MA-200.
Chart showing MA-50 / MA-200: http://schrts.co/tUuaUj
Explanation for Golden Cross: http://www.investopedia.com/terms/g/goldencross.asp
I know Fannie and Freddie are mainly news driven, but charts are not completely irrelevant...
What makes you so sure we won't close black?
Today we will close either red or green.
Clinton Advisers’ Mortgage Plan Would Tap Investors for Billions
http://www.bloomberg.com/politics/articles/2016-06-14/clinton-advisers-mortgage-plan-would-tap-investors-for-billions
Golden Cross today (MA-50 crossing MA-200) ==> chart
MA-50 @ $1.86
MA-200 @ $1.88
The last days the MA-50 increased $0.02 per day, so today both should be equal and tomorrow the MA-50 should be above the MA-200.
This should trigger an event on many chart screener websites / analysis tools...
Chart courtesy of StockCharts.com
Golden Cross tomorrow or Monday, only $0.04 difference for MA-200 and MA-50
MA-50 about to cross MA-200
Chart showing MA-50 and MA-200: http://stockcharts.com/h-sc/ui?s=FNMA&p=D&b=5&g=0&id=p66774843910
Explanation for Golden Cross: http://www.investopedia.com/terms/g/goldencross.asp
$FNMA Fannie Mae Golden Cross tomorrow or Monday
Chart: http://stockcharts.com/h-sc/ui?s=FNMA&p=D&b=5&g=0&id=p66774843910
I would say "about to explode" pattern...
Probably Friday we will also see the Golden Cross
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123165828
Things could heat up really soon!!!
So it looks like Friday might be the DEALINE
God,,,it's gonna be schweet
Yes I know, I also own more shares! I don't know where he got the information from... Just found it on Google, article is from today.
The Top 5 Fannie Mae Shareholders (FNMA)
http://www.investopedia.com/articles/insights/060816/top-5-fannie-mae-shareholders-fnma.asp
Better situation than when PPS was above $6
The wind down bill took the PPS down, and later the Lamberth ruling caused the second big drop.
Today the situation is better than ever before!
Recapitalization talks instead of wind down and I expect a reversal of the Lamberth ruling soon!
PPS should be above $5 (at least!), JMHO!
Day-traders AND shorties will lose big-time with Fannie and Freddie IMO
As soon as the 2.44 printed it dumped $0.10 very quickly. These day traders must be loving these resistance points. I should be trading this as well, but I'm scared to at this point because court news could come out at any moment.
Chart: Pennant and Golden Cross on Friday...
...or Monday at the latest provided that the PPS doesn't fall significantly
Pennant: http://www.investopedia.com/terms/p/pennant.asp
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continuation
Golden Cross: http://www.investopedia.com/terms/g/goldencross.asp
Chart courtesy of StockCharts.com
The most important information of the shareholders' meeting (at least for me) was that the failed deal in October 2015 (for which they spent $11 million) was already a multi billion dollar deal!
Follow the thread: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123080553
So we can assume that the next deal will also be a multi billion dollar acquisition, this time it will be a private company!
The money is NOT the problem!
A BIG DEAL will happen, rather sooner than later IMO...
There will be dilution, but it is necessary to utilize the $6 billion NOLs.
Most likely WMIH will be a multi billion dollar company after the FIRST M&A!
The green bar means a price BETWEEN bid and ask
So people, the failed deal was a multi billion dollar deal, where the 600 million WMIH currently has were only a (small) part.
So it seems WMIH had no problems to raise much(!) more money (probably from the series B holders), because the deal failed in the last seconds before finalization...
Thanks for the transcript...
That $11 million I can promise you was a for a multi billion dollar deal that we felt was within our grasp that would have fit us perfectly
Please can someone transcribe the 7 seconds from minute 52:57 to 53:04 word by word?
https://pgi.webcasts.com/viewer/event.jsp?ei=1102885
From "That $11 million I can promise you..." beginning at 52:57 up to "...perfectly" ending 7 seconds later at 53:04
I've listened to it many times, but I'am not a native speaker and don't get exactly what he was saying.
TIA
No they cannot, the target was a public company which was sold to the other bidder subsequently he said. Now they focus on a private company. The target will be a private company he said...
or they could be doing the same deal now just differently
Golden Cross in two weeks at the latest, but probably next week if the PPS stays in this price region (or above). MA-50 is about to cross MA-200
Explanation for "Golden Cross": http://www.investopedia.com/terms/g/goldencross.asp
Chart courtesy of StockCharts.com
WATERGATE is NOTHING in comparison to the conspiracy around the conservatorship and net worth sweep!
IMO the Government should provide a satisfactory and reasonable solution as soon as possible before blowing the whole thing wide open!!!
Watergate: The Scandal That Brought Down Richard Nixon
http://watergate.info/
and
https://en.wikipedia.org/wiki/Watergate_scandal
He said they were sure they will have the winning bid, that's why they already spent the money for 3rd party professionals (for finalizing the deal, make the contracts and so on). But they lost the deal in the last nick of time. We can believe it, or not. I believe it!
Cmdr, could you please ask Judge Steele if it is a viable option to charge the government for RICO (for the NWS and the whole conservatorship) and send him these two links?
Racketeer Influenced and Corrupt Organizations Act:
https://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act
https://www.law.cornell.edu/uscode/text/18/part-I/chapter-96
TIA
No, WMIH will remain public. He clarified that point and said, they will buy a private company that will then become public through WMIH...
Wait until this hits the channels, then LEMMINGS will jump on...
GOVERNMENT ATTEMPTS TO CONSOLIDATE CASES SHOT DOWN
A gap is waiting between $2.46 and $2.47
To see the gap, look at my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122967529
Now Delaware court can rule very soon! Any day from now is possible...
MDL panel DENIED per John Carney
LEMMINGS need some time to digest this positive news!
Could go much higher today!
Now I do say $2.38!
Delaware court can rule any day from now declaring the Net Wort Sweep illegal and thus "void ab initio". I think LEMMINGS are starting to understand this...
always ask WHY ... the LEMMINGS had a two day panic WHY ?
was it they "thought" the order from SWEENEY was bad ?? ...
but it Wasn't ... in FACT SWEENEY DENIED the GOVT ...
so we resume the upward climb ... I AM surprised that the
current bounce back hasn't been STRONGER and QUICKER ???
the best thing that can happen for the GSEs
is to GET OFF THIS CRIMINAL MANIPULATED NON SEC POLICED UNREGULATED OTCBB EXCHANGE !!!!