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Just little short covering EOD lol
The ole reversal
Breaks and holds.03 she'll move really quick...could be tomorrow.. Watching
New lod $1.77
Just got to get over that pesky $1.80...
I'd probably take a bag @ $1.30 for a small bounce..maybe
Nice green candle should follow green candle tomorrow should be sweet
I don't know just prior to the NWS 2012 traded $ .20 - .30
I agree also he was there for the 2012 working model.... Overall fnf couldn't be in more of a pickle...... Mnuchin left them with an impossible task... Handed the keys to the hyenas and said lock up when your through
SEC policy... They don't talk about on going investigations ... I call bullshit
Current Commons as things are set to go now will be less than 4% of the current outstanding shares here. Likely share count will go to 40 billion outstanding. A 10 for 1 reverse is likely (20 for 1 or more very possible) .... I have seen nothing to say this won't happen.... I've seen posts here with judges comments saying don't bet on the courts verdict..... The only ones buying here are those betting on the courts... It's why the price per share goes nowhere... There are 3700 hedgefunds in US alone 99.9% won't touch this.. Why? They do their homework... They run the numbers.... I "hope" you get your double digit pop.... But I wouldn't count on it
Maybe that's the intent...give them an impossible task... A form of permanent conservatorship perhaps
Warrants will be exercise ... $70 billion will be raised from shares of commons ...
New bag holders
Fell lol
Sell off this time probably a little different should see some larger participants exiting
I have to say it ouch
What institution? Well any that has that kind of cash ... They would just sell more shares to insure a profit.... Instead of selling 35 billion @ $2 they sell 45 billion and net the difference... Gonna hurt commons a lot no matter what they do....
Zero value for commons when. this hits .25 I'll start looking
WOW $70 BILLION in stock issuance at today's prices that easy math 35 billion common shares ...plus let's not forget the plus warrants 40 billion plus++++++ outstanding shares ouch ouch and then... You may be released.. current shareholders gonna get ridden hard ouch ouch
Its the potential liability of $trillions...and just about every household in the US at some point is touched by fnf and what they do... Never should have been a semi private co
Best post of yours I've read
Never again sorry permanent purgatory $2 is probably about it at best
Hmmf +almost+ sounds like receivership
Hmm new shade of green i guess
$2.15/$2.20
Problem with retained earnings is that in bad years there may be non... Bad years could reduce holdings or require them to borrow more they may never acquire enough as required amount is a percentage and the amount increases with every new mortgage... So that + $220 billion senior + warrants + significant dilution (if they try to leave in less than 15 or 20 years).. Value here 0... The big Goose egg
Ouch.. Now we know why analyst have this going to zero...
"One of the thorniest issues that Treasury intends to leave unresolved will be the government’s stake in Fannie and Freddie, a position that now exceeds $220 billion in senior preferred shares as well as warrants to acquire nearly 80% of the companies’ common stock."
May just head to .10 ....chatter has it exploding
Zero Mnuchin won't do an anything under pressure....
boom
Some links over on twits .50 targets might blow past that
"Any effort to oust Calabria probably wouldn’t be activated unless he starts to take drastic steps to change Fannie and Freddie’s status that the Biden administration would have difficulty reversing, such as trying to release the companies from federal control, one person familiar with the matter said"
https://www-bloomberg-com.cdn.ampproject.org/v/s/www.bloomberg.com/amp/news/articles/2021-01-11/biden-s-team-explores-ways-to-replace-fannie-freddie-regulator?amp_js_v=a6&_gsa=1&usqp=mq331AQFKAGwASA%3D#csi=1&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2021-01-11%2Fbiden-s-team-explores-ways-to-replace-fannie-freddie-regulator
In 1 year... They'll want the price as high as possible... Good things coming up up up
I think it's more likely he'd be buying warrants or a bond that would contribute to raising your capital needs.... There's no way he's buying commons retail.... If there's a remote possibility he's doing anything here
Exactly
Exactly.... At this price he could've bought half the float and it wouldn't $2 today it'd be $22
No....
I'm guessing they got something good coming soon hold onto your britches