Mnuchin appointment is ultimately good for longs, but the appointment is already baked into the price.

So tomorrow I think we'll see $22 maybe touch $30 resistance again in OH MAN SORRY THOUGHT IT WAS FEBRUARY ALREADY

Yep.

JOHN ALLISON ADVOCATES PRIVATIZING FANNIE AND FREDDIE. Market will absorb overnight, make for nice pop in the AM. Just my opinion. The march to release continues. Read the labels.

Oh baby look at that. Tightly coiled for $5 test today. Wave goodbye to $4. Just my opinion. Thank you and good morning.

Yep. Everyone should probably google "Icahn lift" right now.

That too but this is about to get much better in a big way. Best part about it, investment aspect aside, is that the plan taking action is absolutely a tremendous step in the right direction for housing period.

Astute summation whale balls.

Icahn news sinking in I see. LOL. Tomorrow is going to be something, tell you that right now. In my opinion naturally.

Ha WHAT DID I SAY? Volume precedes news and green close. Congrats longs, I AM OUT. read the labels. Peace

Lol look at all the nervous nellies. Closing green.

Yes I'm well aware of the line it broke through and why it is where it is right now technically speaking. I'm talking about how it got there.

Negative, volume preceeds news in Fannie land not the other way around. Good luck, however. You might have a slight chance if you're not in, but if you've been following this for that length of time like you claim, then you know that already---and assume the risk.

And F Congress, from an investment perspective that is. Legislation under discussion since TWO THOUSAND FOUR. 13 years later trumps team releases GSEs in 1H 2017. And this isn't about politics by the way, this is about money. Just my opinion go tell someone. NOTHING WILL STOP THE EVENTUAL RELEASE. Lemmings all of you, mostly.

BS protracted takedown today by MMs. You'll notice trading settled right at lod almost like a halt. Read the labels.

Court news today at 10:42am based on the super recursive arbitrary neural algorithm I borrowed from whale balls. Hello

THE DAY AFTER. You lost ur mind shorty?

"And Mr. Mnuchin's remark may have benefited someone else: Mr. Trump has invested $3 million to $15 million with Mr. Paulson's hedge fund, according to the financial disclosure statement filed during his run for president."

http://www.cnbc.com/2016/12/19/trump-news-treasury-pick-mnuchin-moves-in-secretive-hedge-fund-circles.html

"The day after Mr. Trump formally selected him, Mr. Mnuchin said that the government should get out of the business of running Fannie Mae and Freddie Mac, the two giant mortgage finance firms that the federal government bailed out in 2008."

http://www.cnbc.com/2016/12/19/trump-news-treasury-pick-mnuchin-moves-in-secretive-hedge-fund-circles.html

Big news coming tomorrow. jmho

Trump doesn't need Congress to end conservatorship. FHFA can act alone. And by alone I mean under guidance from Treasury.

PPS will REALLY go through the roof when Trump comes out and publicly states his support of Mnuchin's plan to free the GSEs. Think about that one if you haven't already. He's already backed this plan privately, obviously. JUST MY OPINION, I DONT KNOW MAYBE TRUMP IS THE SILENT TYPE. ha.

Watt absolutely backs ending the conservatorship. And Watt is only somewhat relevant, frankly.

*Below is from his speech this year on the topic (which is part of an overall theme in which he alludes to the need to end NWS and bring in private capital as well). How many times have I said read the labels?

The Challenges and Risks of a Protracted Conservatorship

"However, an eight-year conservatorship is unprecedented, and managing the ongoing, protracted conservatorships of Fannie Mae and Freddie Mac poses a number of unique challenges and risks. This leads me to the more difficult part of these remarks.
I have consistently stated that our responsibility and role at FHFA as conservator is to manage in the present. However, as we work to appropriately manage challenges and risks in the present, we also have a responsibility to assess when these challenges and risks may escalate to the point that they negatively impact the Enterprises and the broader housing finance market in the future. By giving this speech today, I am signaling my belief that some of the challenges and risks we are managing are escalating and will continue to do so the longer the Enterprises remain in conservatorship."

"We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely." - WB

Feel (slightly) sorry for shorts who think news in the way of mnuchin is tantamount to some pink sheet "CEO" doing bs pump and dump "news releases" from his mothers basement in boxer shorts. Still a few of those around lol. There will be a lot of "what the hell just happened" from that crowd when rocket launch is engaged.

No. It's twofold: Institutional trading will absolutely encourage more retail investors to pour in, no question. Point I'm making is you won't see too many 100,000+ share buys from retail land once this is over $10. IMO.

$20 easy, agree. Over $10 is a barrier to entry for many retail investors. NWS reversal alone should see massive climb in premarket, imo.

Nightmare scenario is when you could have got in under $4 and you wake up in the morning and it's at $11.23 in premarket. JUST MY OPINION! #FOMO ain't a fairytale folks. Jmo.

Somebody (or something) just slapped that ASK big time.

Incoming Treasury Secretary: "We're going to release FANNIE and FREDDIE, this will literally happen under my watch."

FNMA Newbs: "Interesting. But what if [meaningless, inconsequential reason] happens?

Incoming Treasury Secretary: "Yeah, so, I literally just said we're releasing FANNIE and FREDDIE and in a few short weeks I will have the authority to do so."

Market makers realize there are enough idiot lemmings to help advance their little games. Look just read the damn labels already. See you at $30. Peace

One thing to remember with FANNIE or FREDDIE is that market makers DO NOT want this above $5. These aren't algos on the other end they're (pos) humans The mnuchin news should have saw this soar over $7 easily. Soon the levy will break and there will be nothing they can do to keep it in otc. Much like the current admin has sought to keep GSEs under control/indefinite conservatorship.

Misreading. Used to describe an important event in this case, which is absolutely positive if you view the release of GSEs from gov control as a positive thing.

The value of Mulvaneys apointment from a shareholder perspective has literally nothing to do with mulvaneys old plans for GSEs, as you contend. His appointment IS, however, a massive check in the box for shareholders as they now have an overwhelmingly unified front in support of GSEs (and rule of law) that will advance plans ALREADY IN MOTION to end gov control of FANNIE and FREDDIE. Besides, you should understand that at this stage it's futile bringing minutia in any form to make a case against what will clearly be a swift and decisive move to recap and release.

"And in a move that could prove portentous under the Trump administration, Mulvaney last year introduced legislation that would allow nationalized mortgage giants Fannie Mae and Freddie Mac to be recapitalized and eventually leave the government's control."

http://www.washingtonexaminer.com/fiscal-conservative-mulvaney-picked-as-trumps-budget-director/article/2609906#!

Patience is not passive, it's concentrated strength.

FANNIE is not going away, that's been established (pls don't bother arguing this). And now the current administration has literally said they have plan in place to set them free and appointed the right people to follow through. So, yeah.

The ceremony is about to begin.

IS EVERYBODY IN? IS EVERYBODY IN? IS EVERYBODY IN?

I think relatively slow climb to $14-$16 range early on and then straight shot to $30-$40 range 2H 2017 in my opinion only. At a high level.