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.
Ya had me chuckling ..
JPS BagHolden - I'll wake you up in less than 50 days ...
You'll be my first and only one ... but it will last for years ... on family vacations, let's just make a post/tweet/facebook ...
No one wants us to forget the old JPS BagHolden days, right?
JPS BagHolden - $10 in short order ... Where do we go after that? Much higher ...
Good ole JPS BagHolden - it'll be fun trolling you for years to come ... I may even get a twitter account ...
JPS BagHolden - maybe, just maybe, you'll get it in 6 months ... It's going to take years to raise capital ... no rush on the JPS front.
Commons go to $10 usd in short order ... Then we'll see how much farther after NYSE relist ...
What a waste of cyberspace paper all these years ...
3:30 go time - came across the bberg terminal ...
You're a saint! I was prepared for 1:10 ...
sortman - maybe, but the question is when?
I think that would be part of the CRP, and not some seat of the pants decision as the CRP will determine how CET1 is attained.
Commons go to $10 in short order. Commons appreciate further from $10 as the market digests a Fortune 50 company rising from the ashes with a hyper conservative portfolio.
Then maybe there is a 1 Common for 5 JPS conversion? Calabria needs to approve the CRP, FnF needs to be relisted on NYSE, along with analysis done on Fair Market Value, etc. Takes time ..
Why not? We'll throw you a bone then ...
And once commons go to $10 per share, what will JPS do? 50% of Par? That's like 30% increase.
Then real analysis takes place on the NYSE.
Look at the size of that Fulcrum ... lol
Fulcrum?
Commons about to spike 4 to 6 times to 10$ plus per share and JPS capped at par, which is 1.5 times where they are now?
You can suck my fulcrum!
But it will help the Common SharePrice considerably.
FNMAS & FNMAT ...
ouch!
"Short order ..."
That is the key term. What I will be very interested in is his next interview after $10 per share, and where he sees it going.
Evenpar - did you just "price is right" me?
3.22 (me), 3.23 (you)? In the immortal words of Brian Regan, "you see the difference?"
JPS Shorts - FNMAS down 2% on boring volume.
JPS BagHoldie ...
You're bringing up Charlie "Fredo" Gasbag? hehhhahhehha ...
A punchline to every joke ...
Nice try, JPS BagHolden ...
How's FNMAS and T? No volume at all. Ackman is in this trade for a long time. NYSE organic relist on the horizon ...
JPS Volume - Thinly Traded - Illiquid ... 10 million shares for FNMA is nothing once we get back to NYSE - Per Bill Ackman - $10 per share in short order.
NYSE relist and we will have reached escape velocity, never to be in the OTC cesspool again ...
kthomp - Bill Ackman - 10$ by Jan 20th. NYSE relist requirements!
Here endth the lesson ...
FnF still no where on anyone's radar! Beaucoup room for interest ...
We haven't even cleared the pit yet - not even lift off - 4$ will be lift off, which is just out of the pit ... 8$ is clearing the tower ...
Get onto NYSE and we will reach escape velocity to never be back again ...
Organic relist to NYSE in 2 months. Ackman $10 Jan 20 prediction.
Get off this cesspool of an exchange soon!
Ackman says 10$ by Jan 20th. Then organic relist to NYSE!!!
JPS Shorts - your hourly post helping the average joe make money - Today's topic = Make Money on Both Sides - Short JPS and Buy Commons - make money on both sides!
Good Luck JPS BagHoldens and MidasThompies!
Tomorrow 50 bps goes into effect. Higher Revenue side ...
Ackman & Paulson have billions. Billions not only buys you influence, it also buys access.
Ackman & Paulson have sophisticated "swamp" navigators to plug into all things "swamp." They also have the universal "swampian" translator to communicate and understand swamp creatures effectively.
"Swamp" Navigators cost 10s of millions of dollars and therefore us commoners don't communicate well with swamp creatures.
JPS BagHoldens thought they could decipher "swampian" without the help of a
"swamp" navigator. How horribly wrong they were ...
All Hail Swamp Creatures! Auuuummmmmmm!
JPS Shares will not get dividends for 3 to 4 years. JPS shares are dead money for a long time.
Ackman and Paulson are on the same page. These companies are not super complex, and the PSPA amendment kicks everything off in earnest, which is right around the corner.
Both Ackman and Paulson understand this. Ackman just tipped their hand (Ackman & Paulson) and Paulson is adjusting his portfolio accordingly.
Why would Paulson tip his hand to the JPS BagHoldens of the world? So they can get ahead of his liquidation of his JPS position and his conversion to Commons?
Think ... hence the JPS Short position on FNMAS, FNMAT and FNMAO (soon on the O).
Very cool, though ...
Poor Joey ... Has JPS BagHolden's emotional tolerance!
Get ready to JPS short FNMAO - it's ripe for shorting!
Shorting JPS is the only sure fired way - when Commons pop, JPS always drops!
Ackman’s 10$ time horizon is by Jan 20th. That is his short term prediction ... more shoes to drop with SCOTUS ...
Shorting JPS today - don’t want to be JPS BagHolden ...
Guido, great find! Ackman says $10 stock in short order with the PSPA amendment.
Shorting JPS today ...
Shorting JPS FNMAS, T, and O on Monday as JPS will need to wait probably 3 to 4 years to see dividends. Ackman and Paulson know this and are positioning accordingly before the PSPA amaendment.
Expecting a 15 to 30% decline in JPS.
Good luck!
Shorting on Monday some JPS - has to be done given they’re dead money ... with no hope of dividends and no conversion ...
Ackman and Paulson know commons will outperform JPS in every scenario ...
Good luck!
Shorting FNMAS, T, and O on Monday - 15 to 30% decline on the horizon. No dividend for years, where most JPS will be called anyway. Years to raise capital and FnF still needs to generate a CRP.
Ackman and Paulson are loading up on commons before PSPA ...
JPS is dead money ...
This is the “grease” Metzner from ACG is talking about I think.
Action, e.g., https://www.sec.gov/Archives/edgar/data/887247/000138713117004323/ex10-1.htm
It can be done
Warrants are currently priced at $0.0001, and was obviously priced as an insurance policy. The warrants are also allowed to execute and generate 79.9% ownership of all outstanding shares = think 4 billion shares owned and sold by the gov out of 5 billion total outstanding shares.
Now, remember, these terms were determined back in 2008.
I think the strike price for the warrants will be moved significantly higher and the total amount allowed to be executed will be lowered significantly to something like 10% of the total float. Even at 50% of total outstanding shares, that is only 1 billion share dilution, so the gov would own 50% of outstanding shares = 1 billion shares vs the other billion being owned by the market = 2 billion outstanding shares. Of course, this is at the moment of execution as most likely the gov would sell immediately.
So anywhere between 10% and 50% works fine. Of course the lower percentage the better return for current shareholders. With the lower percentage, I also expect the strike price to go up considerably.
I don’t think Mnuchin/Treasury can dispose of these shares this quickly and for what? Doesn’t pass the smell test considering Paulson, Ackman, etc., have provided monetary and public support to Trump.
By repricing the warrants higher with less dilution, they hamstring a Biden Treasury to always consider how they would impact a potential warrant windfall in how they work with FnF.
Imagine warrants priced at $40 per share for 25% of the float = 250 million shares. That could equate to $1 billion dollars for the gov. Not a small amount considering they’ve already made over $100 billion.