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Breakout day is upon us!!!
2.52 bid pre-market!!
Yowza Yowza Yowza
A breakout is iminent. Which way is the question. The chats says it will be to the upside. Charts are wrong much of time. Volume is too low for a major breakout.
Nail biting time
FNMA ascending triangle. Breakout imminent !!
Don't forget, they can't keep one penny of the profits. Until that changes, the common shares are extremely speculative. Lots of folks continue to believe the common shares are worthless.
Don't forget, owning the common shares are still extremely speculative.
The company is still in conservatorship and the sweep amendment prevents it from recapitalizing. The play is that gets reversed.
But no one knows for sure how this will play out. Earnings are irrevelant right now. The market is telling you that.
The fast money crowd is getting out on the news. This always happens
Buy the dips MM's trying to get cheap stock
Beat them at their own game
Free FNMA now !!
FNMA now the most profitable company in Americaz. Better earnings than Apple, Walmart, IBM,
Exxon... FNMA must be released from conservatorship and that sweep amendment must be reversed
The courts will make it happen, IMO !!
Oh sweet mama!!! 3.00 today
If the bastards let it trade
This is America!! Land of the free, home of the brave!!
Go FNMA to da moon, baby
That is accurate. The way it is structured now the principal can never be paid off. Criminal
Gonna be a gappa with nice slappa
Holy Canoli!!!
Yowza Yowza Yowza
Two things must happen: FnF released from conservatorship, and reversal of sweep amendment.
Next major event is the lawsuit begins in court Nov. 12th.
Will the sweep amendment get reversed? That MUST happen at some point or FnF is dead!!
HALT HALT HALT
All trading halted OTC markets!!
IMO, The OTC will be down all day today. They call it a data hit but in simple terms sounds like their servers crashed. No backup systems? Something not kosher here.
I see a gappa with some slappa.
Oh mama
There is a growing feeling that the sweep amendment gets reversed in the upcoming law suits. Also, very unlikely Congress does anything about FnF. Stock is now in a strong uptrend. The May run was due to hedge funds getting involved in a big way. Then dumping their positions.
It's time to pick up some cheapies!!
You have a dysfunctional Congress that can't agree on anything let alone the fate of Fannies. The longer this goes on, the better for the common shareholders.
The Gov't knew Fannies would recover and put in the sweep amendment to keep the upside for itself. IMO, that sweep amendment has to be reversed.
The Fannies are solvent and in great shape.
The stock will be volatile but in a definite uptrend now.
Probably 35-50 within 2 years.
We must keep the chickens in Korea warm!! Hahahahahaha
Is this the best application for this product ??
Earnings Nov. 6th
Nov. 12th first court date.
If the sweep amendment gets reversed and the GSE's buy back the Gov'ts stock, FNMA will be a $50 stock.
But litigation could take a long time.
The stock is moving up on this scenario eventually taking place.
IMO, the Gov't will not want to litigate this for years
A settlement might be upon us.
November will be a very interesting month
Fasten your seatbelts, gent!!
Great volume for the first hour!!
11 mil
They don't trade pre-market
Anyone know what the short position is now ?
HOD run, let's go!!
Follow the money flow, gents!!
It's that simple
Got as high as 2.48 in Germany before backing off
CVP is a savvy company
As the saying goes, follow the money!!
FNMA shaping up to be a big day!!
Fasten seat belts, gents
Could be a huge day
2.35 in Germany
Gonna be a gappa with nice slappa
Yowza Yowza Yowza
JPM has much bigger problems ahead. It knew the money they gave Madoff was in a Ponzi scheme and they didn't stop it or tell any regulators. Someone from Chase going to jail on this one.
That's what I'm talking about, dude!!
Gonna be a gappa on Monday
We get some nice slappa too
Yowza Yowza Yowza
As long as the stock continues to make higher lows, the uptrend is intact. Next resistance 2.60
Great close near HOD before a weekend. Would like to see volume get over 50mil. Maybe next week
Blue Skies ahead!!
There is no doubt in my mind that the US Gov't will not want this case go to trial. There has got to be a deal in the works to release FnF from c'ship and continue as the most profitable company in the USA. That's why stock is starting to run
FNM.SG €1.73 = $2.39
The trading has yet to develop into frenzied buying like the last run up.
Now that resistance has fallen, she could explode up any time. Volume is the key. Last run up was on over 100 mil shares a say. Watch volume first hour of trading. The closer it gets to 7-8 million, we're off and running .