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He sold before it broke 3. Read his posts. He missed the run.
Nonsense blue. I placed a large order at market before lunch...took several minutes to fill. If they were unloading it would have filled in one large chunk instead of a lot of small orders. Retail is selling not Hedgies.
When the dow is up big....fnma usually pulls back. Idk...why.
Each time they play that wind down public release...it becomes less effective at driving the pps down. I hope some day an email leaks or a staffer becomes disgruntled and turns those crooks over. Just because your elected does not give u the right to break laws.
Senators lied. They do not have the authority to wind down fnma.
Adding as soon as it bottoms.
It's telling...they are out of options to buy shares cheap. They meaning those paying our politician's.
It's the worst I have ever seen...manipulation. senators blind trusts are buying imo.
Courts have the last say...not a rep.
Every run brings crapo and warner out...who is paying them off?
Little chance of getting passed. Closer to zero chance.
7 eod...time we moved a buck in a day. Long over due.
Fannie is a much larger company with a bigger book of revenue.
Think about this...
Using the estimates provided by the government fnma is worth 40 bucks a share. That is with a 79.9% dilution and no pe multiple. They have admitted the company is valuable, something they have not done in the past. For those wavering on holding on....do you really want to sell when they are clearly on the ropes?
It shows you gaps. Look for a lesson on it on youtube. When you get a stock running like FNMA a three month chart just dont help you see how far the gap is to fill. On the P and F the gap closes at 7 bucks. Then a new one at around 10 bucks. Then its off to the races.
Anyone heard from those two feminine motley fool guys lately? They bashed the best performing stock of the decade. The problem with that media outlet is their is a new crop of fools every season to listen to them and loose money. Go public and bash FNMA, get steam rolled and loose credibility.
Regardless of what happens the next few months, its been fun being here and riding the wave. The funny thing is this still could be a 10 bagger short term. If the Government is right and we have 189 billion in profit over the next ten years...whoa...20 bagger-moonshot.
Fannie-gate
Thats exactly correct. When those investors sold their shares, they sold all rights to them.
Its just a few gaps to fill until 27 bucks...I had not looked at the chart in a while. Exciting times.
P and F chart shows a blue sky to 7.00 bucks.
insert-text-here
Hate blue missed this run.
Bright greenage
Expect a pullback at 60 bucks.
If Berk takes this private, do you think he will offer you what the stock is really worth? LOL. I hope its released and he remains a minority shareholder just like us.
If trading is halted for a release...my example would still be accurate. :)
a fool and his money is easily parted.
I would like to try and answer that question.
Imagine you had 500k shares last Feb 2013. You bought them for around .29 cent each. The stock went up to .36 in March. You took your profit of several thousand dollars. Then in a short amount of time in ran to 5 bucks. You dont have the funds to spend 2.5 Million dollars to hold that same amount of shares. You are effectively locked out. Self inflicted lock out. Yes you can always purchase back in, but with much less shares. This happened to me with LVS.
I personally think if these bashers could convince more retail to sell their shares, this Conservatorship would end quicker. My reason is simple, too many farmers, college kids, widows own this stock. Clearly bigger players are not gonna allow this to run until they (retail) give up. Thats my honest opinion. They have many working hard on the boards to convince the weak to sell. Some longs have slowed down that process by being encouraging and educating the dumb money. This board most likely only represents 1-2% of the float. That said, its still worth sending out the bashers. GL and keep the faith.
Not to me...success comes with assets.
I disagree. I think that FNMA would have survived without forced capital from the Treasury. Although many large banks would not have survived. Thanks for sharing your opinion with me on my law knowledge.
Shareholders are owed a half a Trillion dollars. The Government destroyed a perfectly good company worth a half a trillion dollars. They owe those that own shares. Punitive damages in a non taxed settlement. Ill take that or life sentences to all that was involved and currently involved. You violated your oath to up hold the Constitution and committed treason. Yeah, im not happy with my Governments actions. Less
Who wants to be out over this weekend? Not me.
You are in the presence of some of the best investors in the world.
FNMA was the top % gaining stock in 2013. Look at the folks that had the knowledge to hold even through the bumps. Its heading for another great year and you are here with some of the most insightful investors around. Its only gonna get more fun the richer we get. Cheers!
Seriously, at what point over the past year would you have been better off to have sold? The chart is a buy and hold. Trade if you want. Its only gonna get harder because the higher it goes the less it will trade.
Anyone that is not happy with the stock price or the court hearing needs to reevaluate their expectations.
Government could pay up to a half a trillion in punitive damages. They are hiding from the sins of the past.
wild, I have studied charts, taught stock chart classes online...this is a generational event. You really cant compare it to anything that has occured in my lifetime. Im riding the wave just like everyone else. I honestly have never seen a stock more attacked by paid bashers than this one...that my friend is a good sign. The hedgies paid the best bashers to drive the price down so they could buy cheap. Those that held, won. They rode the coat tails of the billionares.
I will be going to the cigar shop to pick out my cigar that I will have with my glass of whiskey at the Wynn. I heard Detearing is buying the first round.
Take your technicals and charts and throw them out the window. We are in a period of rarity. Anyone giving advice is guessing. The after hours news is big. Enjoy the ride. Popcorn and beer for longs. Shorts, you get the shaft. Politicians hate jail time. Most will sell out their mom to avoid it. Congrats to all...its been a loooonngggg...year.