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.
Why not? :)
FWIW, I sent a message to the Trump administration telling them they need to take action on the GSEs.
Made sure to point out the illegal theft by the Obama admin. That would give him some incentive to blame the dems some more and expose this fraud.
Doubt that would accomplish anything, but you never know.
This thing's got legs. What a gem!
I think they will by q4 this year or q1 next year. I might be mistaken, but I think they had a 4% dividend when the stock was around $6. If they want to maintain that percentage I'd expect to see $.20 in the near future.
I also wouldn't rule out a special one time dividend at the end of this year to catch us up. That would really solidify investor confidence.
I wonder if they will increase the dividend. Would be a smart move and attract new long term investors.
That's what Rek said. So now it becomes clear to me why their tactic is to delay. It's in the lawyers' best interest to do so since they will most likely get paid by the hour. Knowing they have a poor defense, they might as well milk as much money out of the case as they can.
What a crap show this is.
So, in other words, nobody who knows anything about the particulars of the case. No wonder why things are so messed up.
Question for Rek or Obiterdictum (where've you been?), or any with knowledge of Gov't legal proceedings.
Who exactly do the government lawyers report to in these cases? They have to be consulting with someone in government to defend these cases. Is it Treasury? Congress? Who?
Someone has to be telling the lawyers how to proceed. When the "government" is sued, someone has to be appointed to act as the "face" of the gov't.
In our case, we're really suing Treasury I assume, but Mnuchin isn't sitting in the defendant's seat.
Or do the lawyers on the payroll just automatically defend the cases without reporting to any particular office? Seems unlikely.
Everyone thinks the GSEs should be allowed to build capital except Congress.
This is what happens when politics usurp logic and reason.
Should level off here for some consolidating/profit taking.
I'm holding this long term. Go LAC!
Yep. This is one of the best stocks of 2017. Starting to make it’s move. Can’t wait until next year!
Strong move today. Holding for $10 :)
Much better than the Moelis plan, that's for sure.
Not yet, but the writing is on the wall.
Could also be because DT is issuing an EO on Obamacare possibly ending a need for subsidies.
Before the collapse, Freddie traded higher mostly because of the lower float.
Indeed it was. Closing above it is a good sign. Today’s trading will determine whether it’s still resistance or has become a level of support.
Good times ahead!
Because with the NWS in tact, the GSE's don't retain earnings so some brokers will report it as $0.
I don't know what the actual EPS is, but $200 sounds a bit high.
[quoteThe Conservatorship, Ive always felt was legitimate...because even if it wasn't necessary in hindsight (as some claim), it definitely seemed necessary at the time.][/quote]
We all thought so because it was set up for us to think that way. Now come to find out, it was all an illusion and this whole thing was a government scheme from the get go.
If we win, the scheme allowed us all to buy a $100 stock at $1 levels. Just didn't anticipate it taking this long.
LOL, I'm an idiot.
WTH? That’s a joke, right?
Hooah! Lol
Let me guess. Next week?
GSE now stands for "Government Stolen Entities."
When will the next court delay be? Just wondering when to get my hopes up just to be let down again.
Why? They keep electing Pelosi who otherwise couldn’t hold a job bagging groceries
:) I’m from there
Na, that closed last year, lol
Yea, that he's still spineless and refuses to do his duty.
And the market finally reacting to the "nothing" sandwich Mel just gave us.
And atypical of this stock, we're going up by a significant percentage. I wonder why. Maybe the market is expecting something significant to happen within a few months?
just as expected MEL takes ZERO ACTION ...
Yea, that’s it, the Obama admin had a lot of buffers
You know what this is? Pure blackmail. Play by our rules or we’ll press charges. We’re screwed. No coincidence this is released today.
I saw nothing wrong with anything you said and agree with your responses.
I think it will be more of the same, unfortunately. Hi, I'm Mel Watt and do nothing except deflect.
These pump and dump scams have been playing the same game since the invention of the penny stock.
Then on Monday, the new tweet will tell us we'll have it by next week due to unforeseen delays.
He's working on it?!!!! What a joke. He hasn't worked a day in 9 years, just sat at his desk waiting for congress to tell him to do something. Where do I get a job like that?