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When a health care provider bills you for expense your insurance covers but the prover takes months before filing the claim but.......instead files claim with credit bureau. That can be very aggravating. Lucky for me, I worked in. Both business ( health insurance and finance) .
Lawyers don't have an exclusive on "strategy". Planning what one will or will not do with a goal is a "strategy". What one plans in their day to achieve an abjective. What coach plans to effect a game outcome. Ackman plan to keep his line of communication open with purpose. Part of that is to continue reminding the gov of the gains gov can achieve with settlement. He has done this on every opportunity, Charlie Rose show , Corker informal chat, etc..
Some one stated the consolidation case will decide a direction on that case due June 2. If Steel and crew are released, hoping that case on corporation law is determine within days. Cracking that case for a win will result in domino affect. Jmo.
Ackman is a strategist directly involved in lawsuit. He is not going to upset the apple cart. But what does an ignorant point of view know ? Where is the link on Watts statement ? Thank you.
Maybe you have a link to support what you say he said. Appreciate.
CHARTER is only official document that outlines specific duties of gov to FnF and FnF to gov, any financial commitment would be inclusive in that document. Can you show where that shows gov is entitled to a fee or other financial commitment from FnF ? CHARTER is not a partnership.
The gov created these companies is true. But gov sold their interest to keep Viernam War going. They sold their interest to public. Get it ? That is the dumbest thing every posted. Cause they created doesn't mean they are entitled to part or all the profits after selling their interest. No such law exsist entitles. But, if it makes you feel better, FnF are paying fed income tax. Gov is entitled to that. But since FnF are paying taxes, why should private shareholders profits be used to pay for affordable housing ? The charter between FnF and gov outline the relationship and duties to gov , in return FNF get something, Maybe that was the non-profit designation enjoyed from inception. FnF not paying taxes is what gives them 1 edge over competitor. Another advantage was their discount on borrowing. There was a reason for these stated advantages in the charter...... Provide liquidity for the banks to allow banks to lend without tying up capital for 30 years. The gov through HUD / Clinton changed the charters to force FnF to assume riskier loans. But, that does not entitle the gov anymore than on income tax.
BS. Watt speaks for Obama. Watt does not lose sleep over shareholders. He is trying to push house and senate to pass a reform law favorable to Obama 's social policies. Nothing more or less.
What he does not tell you is FnF pay Fed Income Tax . The gov sold its interest in FnF during Vietnam war. Gov does not deserve anymore than what legally entitled.
Rocco2 I. Know what you mean. I will be 68 this year. Health becomes a concern with age.
1. FnF were not insolvent
2. Most important, crisis or no crisis, the gov new FnF were going to be used to warehouse all the mortgages removed from TBTF banks balance sheet. Where else could gov placed ? Removing those mortgages and recap TBTF banks was primary issue.
3. The hidden agenda of Paulson , federal reserve and others is being uncovered now.
The only crisis then and today is the A'$$ HOEs running the country for their benefit. Cship will be vacated.
Glass Seagal was allowed to expire under Clinton. So timing off a decade or more.
WarrNts were self dealing, there was no shareholder vote. That is material.
You need to read the BOA recent reversal.
Clearly stated:
Fraud has punitive damages..... First decision
Reversed too breach of contract ...... Defendant has to pay damages
Stated damages were preferred by defendad cause it was less than punitive and was reason for fihjting.
RICO is what I was thinking. You have collusion between TBTF, government, Federal Reserve, some courts , maybe Warren Buffett. That spells RICO charges. Obama is an experience RICO guy with x - Illinois gov Blakovich.
We are at the TIP OF THE ICEBERG !
Gov being backed in a corner, they are making the minimum proposal to settle, which allows thief to keep all the goods they stole and we paid the expense to fuc our selfs by FnF employees doing the work for free for the gov. Gov usually contracts services. Not at FnF.
Please, let the lawsuits force gov to reveal all. The better the payout.
" the Federal Claims Court in Washington yesterday granted a motion that will force the U.S. Treasury to release all discovery document materials in its possession that pertain to the decision to take Fannie Mae and Freddie Mac into conservatorship. "
This statement is Hugh. Sweeney wants ALL DOCUMENTS RELATED TO THE D E C I S I O N to take FnF into CONSERVATORSHIP . Not just 3rf amendment. WOW WOW WOW ! Source HOUSING WIRE
A wise man posted on yahoo MB a year ago...
" finally being read as the truth...it has all come to the surface...
1.) US Treasury Return the 54 Billion in profits back to FNMA.
2.) Have all Congressmen and Senators sit in on a history class of what occurred in 1993-95 to FNMA. They will then understand why we are in this situation. They will clearly see, if they stop, and are completely honest with themselves and the public of the financial whor-house that was created in order to give minorities homes (community reinvestment act).
3.) Once they have passed a test on the facts we move onto the next step, but not before we are certain that everyone knows the facts and acknowledge what occurred and why it occurred. Hey, you wont be called a racist if you understand the facts. Essentially.. why the rules of lending were changed and FNMAs role as financial compost pile.
4.) We then reinstitute the original pre 1993-95 Clinton FNMA charter. It would reinstitute minimum security features when lending hundreds of thousands of dollars for home purchases. Ideas like, having a job, putting 5 to 10% in order to have the priveledge of getting a loan. Lets just say we bring some minimal standards back. Hey, and lets remember the original framers of FNMA put the minimum standards in place for a reason They were not Democrats trying to give gifts to their voting base, but framers of an institution that would fairly socialize the risk of home lending across the American Tax base for the greatest opportunity of the whole populous (I stress Whole populous) owning and building equity through home ownership.
5) End the conservatorship with a public apology for errant/misguided/politically motivated policies that caused one of the worst financial crises in American history through the marginalization of an American Institution that has served as the bedrock of home affordability and liquidity. No FNMA doesn't need reorganized. It just needs to have the standards set in place in the 1938, reinstituted. These statutes worked fine for 60 years, but just weren't good enough for liberals. "
Front for Lawsuits After Top Court Ruling
http://www.bloomberg.com/politics/articles/2016-05-17/wall-street-faces-new-front-for-lawsuits-after-top-court-ruling
May 17, 2016 — 11:31 AM EDT
Decision on naked short case seen opening door for state suits
Ruling could apply to other securities-law cases, lawyer says
Strange that you claim to be a preferred shareholder , through all your wisdom , I would thought you would have filed lawsuit against HERA.
Welcome to the investment world. Experienced investors will project the price based on future earnings after court cases settled. Trillion dollar companies don't trade at depressed prices once certainty is established. Currently, nothing is certian. What we do know is in last hearing , Lew told finance committee that he had $250 billion setting in a fund. We are just waiting courts decisions.
Dilution already priced in by smarter people. Akmans price was based on dilution. Why the hell do you think he keeps telling government they owen 80% and can make billions. Once government exercises, all hell breaks out. Do you think the government will try to excercise while judges are looking over their shoulder trying to determine if takens ? That would be bold and in your face to judicial. All out war on branches.
I am trying to figure how the government wins in Delware ( steel case ) by including that case in the multi case class. As define, those cases could be combined to resolve and settle to prevent several settlement litigations. But, I do not trust government to do anything with integrity or honorable. Why are the other 18 not included ?
Any lawsuits on warrants or HERA ? You can find your answer in GSELINKS.COM.
I believe one addresses warrants.... I think it is Chicago and one other.
Officers and directors my Your question: did shareholders vote to except c-ship?
No
Your question: did shareholders vote on contract with treasury?
No
The treasury & FHFA walked into the building and asked officers and directors to leave.
Paulson immediately put a " GAG ORDER" into place.
The treasury & FHFA brought in there own "yes" crew immediately.
Paulson had the contract signed by Lockhart . Shareholders, officers or directors did not vote or discuss the. contract acceptance. That is another area of self dealing.
Zargis
Does the HERA LAW with shareholder profits being used to fund Affordable Housing Trust Fund violate public trading company shareholder rights ?
A class action lawsuit needs to challenge the constitutional legality of this law. I guess it could be admendment into one of the lawsuits.
" I do not understand why the people fail to understand that these are public companies and, no bill should solely affect them.
Bills such as this are an outrage and violations of our rights to equality.
This is like Congress passing a bill that McDonald's can no longer sell pickles on their burgers.
-Zargis "
Mrfence the challenge of conservatorship is weak because big money did not challenge ? Which begs rhe questions "what about accounting fraud " and " gov warrants used to collatorize hedge funds to naked short FnF " ? Both occurred after cship started but both used to destroy FnF and support the intent and motive of cship by providing a distorted picture of reality in favor of gov actions and handicapping GSEs.
Why hasn't a lawsuit been filed against this organization and its individual members ?
Why hasn't a lawsuit been filed against this organization and its individual member ?
Interesting that it is ok to report $350 million loss and how much did Freddie give to that trust fund ?
Not sure what you want read. But one company I will be the commodity. Expectations commodity price has bottom out and shortage of aluminum this summer. The new company add on business Auto, Areospace, construction,. The key for this is rhe purchase of RTI which is contributing big time on the new titatumium alumiman being used in Areospace ( jets which had $12 billion in orders past 9 months) and Auto. A law was passed requiring autos to reach 50 miles per gallon by 2025. New titanium aluminum is lighter and stronger than steel ( check out Ford F-150 for current example) , Gov building new war vechicles to make lighter for combat. Off topic, gov also will be using H2 Fuel Cells for easy to refuel all terrain combat vechicles. Back on topic, rhis titanium aluminum a sheet can be fabricated in 20 hours vs 20 days. Has Hugh margins because of the quality of the product and extreme time reduction to get product to client. So what can you tell me?
I understand what you are saying. As for a move to $170, that would require institutional investing. I am not sure institutions are hungry to invest in a company that pays no dividend and waiting for the next government intervention of promoting high risk lending. The only ones confident about government are the leeches being
fed by the government.
Sp, yout ceiling is $30 as stated. Those call options paying $.35 per share. Looking at a possible $1.40 per share per month. 5000 shares x $1.40 per month = $7000. Once you remove your initial investment in a couple of months, you have a good continued income from the call option and preserving your balance.
I am not pumping, just sharing experience. Fact is when I first invested in GSEs in July 2008, I took a Hugh hit the day of. Cship. I was at Cleveland Clinic with spouse, who had surgery that day. Watching evening News gave me a heart attack. I sold Freddie for Hugh tax loss and bought Fannie. Made a couple of trades for trading capital. Since cship, it has taken 7 years recoup losses plus. I am position in addition to Freddie, 2 other under valued stocks. On the undervalued, Alcoa is splitting into 2 companies. If you own 1000 shares in Alcoa, Alcoa is giving you 1000 shares in new company free of cost. This going to happen between now / end of 2016. 100% return on your investment. In case you or anyone on board interested.
the last down turn to the low price in 2012 was .18. The price was printed a low of .01, that never happen. MM playing games. No trades between 0 and .18 that day. Even on the first trip down the low was established and listed on yahoo price history listing. I recall without checking it was somewhere between .23 and .25. Point being nobody bought at .11 on second major down turn cause .18 cents was the actual bottom, that makes you correct.
Plug added a 2nd shift in 4th q. If company was performing gradual quarterly increases in 2015 with 1 shift and overtime, why would company add a 2nd shift if thought 1st Q would be a drop in revenues vs 4th Q revenues. ? That would increase employee benefit cost unnessarily. Revenue 2016 Average $37 + per quarter for 2016 is good, but if they report $37 + in 1Q what would remaining year expectations bring ?
I would like to ask . Did Plug announce a specific revenue target for 1st Q ? I think it was just for year, So that $150 million just a guidance figure. In 6 trading days we will know if I am right.
UK says $28 million and we see $4 a share and on $40 mil revenue we see $3.59 share price. Maybe we should go with uk. Lol kidding.
well now,,,, that was convincing. I will immediately put order in to sell Monday morning extended hour. Should the order sell price be $2.06 or lower? Thank you for your input.
300 % growth q1 vs q1 and 28 million revenue.
My estimate $40 million plus
J
Based on full added second shift put into place 4th quarter, if they were expecting a lau in 1sr q they would wait till end of 1sr Q put shift into place.
Activity cause of weather conditions...... Work in south were weather anticipate ideal for winter. However, those bad weather expected conditions in North didn't happen
, were record conditions good.
How long does it take to adjust for unexpected good weather conditions that increases unexpected productivity ?
Finally, Ballard reported increase of 59% shipments to plug.
All that should make one wonder :)
Hmmmm sounds like a damn good q1. It does not appear shorts are paying attention or I am an idiot.
So, I will stick with $40 mil and greater.
Where would theat take our price ?
Wow! That was a strong condemning sratement of FHFA and Treasury action. DTAs 2008 worthless claim evident th a sign of natiolization! Minimum send back to court for full hearing and discovery !
Tim Howard addressed on his sight. Enter Tim Howard Mario ugolettin on Google. He references the deposition, keep in mind the depositions were not released to public, so hearsay through Tim Howard and other secondary sources.
If halo is correct about what Mario stated in lamberth's court, probably senseless to pursue my question. Apology !
Straight to the point. I love it.
Ugoletti made 2 statements that were contradictions under 2 different scenarios .
We know that one deposition used to base a decision by Lamberth was perjury. In your opinion does that represent a form of fraud since the intent by individual was to persuade the outcome?