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Any concerns about the doji reversal pattern on the candle chart?
Isn't that a bullish doji on the chart?
After that weak close there could be a pullback at the opening.
Would have been nice to see it close near hod.
Is that a doji reversal pattern on the charts? Any candle experts out there?
How I ever bought stock in a POS like this, is beyond me
I wanna see .01 today. Come to papa, baby. Go BMSN
GLTA
You're my blue sky, you're my sunny day....
Go FMCC
GLTA
Definitely NOT a long legged doji.
That doji DOES NOT signal a reversal . Check your definitions of a long legged doji again.
This chart just shows that there was a standoff between bulls and bears.
The trend is still bullish.
It's melting up!!
Squeeze me tight, baby!!
What is suspended?
Great close on a very bad day for the NASDAQ!!
Would have hit a $1 if NASDAQ had a good day.
Will probably gap up in the morning.
GLTA!!!
If the company goes private it'll be worth zero.
The stock is actually worthless unless they come out of Gov't control. The speculation is that they will. But there are a lot in Congress who think it should be a private company.
You're missing the point. Right now the profits go to the Gov't.
Until they're released from Gov't control, the common shares are essentially worthless. They are going up on anticipation of maybe that happening. But Congress isn't even dealing with it yet.
That's 9 "institutions" in the list.
Let me know when it gets to a 100.
A Hedge Fund is not an institution. Pension funds are institutions. C'mon get real here.
Institutions won't buy until the cloud surrounding FNMA is lifted. Why would institutions buy? Right now these shares are worthless until FNMA comes out from under Gov't control. And that is up in the air.
You guys are forgetting the main point here
Nothing in the article is new. This all came out last week.
The main issue here is whether FNMA will get out if Gov't control.
The earnings won't mean ANYTHING if they can't go back to the way they were. And that is not a certainty.
Still alot of folks in Congress want them private. Stock will not go $10, like everyone here is saying, till this is resolved. I think everyone is forgetting this!!
So it seems, from the Seeking-Alpha article, reclaiming the DTAs is really a non event.
Am I understanding this correctly?
From the Seeking-Alpha article:
"In November, however, Treasury amended the terms of the senior preferred stock agreement, which eliminated the 10% dividend requirement, but instituted a complete dividend sweep of any profits the companies may have, eliminating the companies' ability to retain their earnings and making it impossible to pay back the bailout funds. So even if Fannie and Freddie are able to reclaim the total amounts of their deferred tax assets - $61.5 billion for Fannie and $31.7 billion for Freddie - there is nothing this author can see to keep Treasury from sweeping these amounts into its coffers as dividends without applying it to the debt owed."
Yes...the Pfeizer rumors have been going around for quite a while.
Does make some sense.
C'mon Stephen218, that's old news.
Geeez!!!
That article is dated March 21st. Old news. Didn't affect stock price.
With all this good news about to break, why is the common still at .685? The news about the DTAs is pretty much known already and the smart money usually comes in before everyone else. Stocks usually move up before the news; like buy on rumor sell on news. Something doesn't make sense here!!
Ya gotta love these pps predictions!! Lets see it get back over a 1.00 before we get too excited.
If you're not an experienced trader, just let this play out. May take a couple of years but I'm hearing this stock could be a teenager.
As the stock goes up keep adjusting a stop loss to about 10-15% below market price
GLTA
Bottom line is Freddie Mac is going through a major turn around. How high the stock goes remains to be seen but at this price I am backing up the truck and loading all the way!!
The preferreds are worth something if FNMA goes bankrupt or goes private, which is unlikely from what I'm reading. Once the perception that FNMA will go private is over, the common stock will take off. That picture will become clearer over the coming weeks.
If u think FNMA stock continues to trade as a public company, u should be buying all the common u can get at these bargain basement prices.
The problem here is that the preferred is seen as the better place to be.
The common holders have been selling and buying the preferred.
But when the earnings come out the common should run up.
3 milly on the ask is only $12,000 worth of stock
I wouldn't panic about that
Meters on motor bikes is the craziest thing I ever heard. Get real people.
LMAO!!
Don't get greedy folks. We all know this will end up like SWVI. Take your profits and go on to the next one.
It will be almost impossible to cancel the stock. Among the most significant will be the lobby pressure.
And with the news Sat. night that gov't won't be able to use the profits for other programs. Stock should be over $1.00 again this week. Preferred maybe the safer play but more bang for your buck with common.
The message from the Pres on March 11th states that "they are preparing for the visit from AMEC". So obviously that hasn't taken place yet.
The only catalyst in the short run is the ENAMI license.
With the pump over, it'll take really solid news to get this thing going.
The seeking alpha article mentioning GOFF is from the 20th. Old news
There will not be another 450 million shares unless they authorize an increase in the AS. They are not doing that. Everything is the same except for the 9 million "super preferred" stock.
Re: 8-k They are not diluting the stock. They didn't increase the AS. Sounds like a strategy to prevent hostile takeover and voting rights. IMHO this is not bad news.