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49%? What country is that ?
The maximum you would pay is 39% assuming you were in the highest tax bracket in the USA for short term.
If you want to do it the smart way, the reason people keep a "core" position is for the "pop" dream, and also because of taxes.
If you sell 1/3 or 1/2 of your position every time it pops 20% or more, which has happened about twice a year for the last 3 years. You will almost always have a batch of shares that have been in the cooker for at least one year. So you are really only paying 15% in taxes.
So once again, if you are missing the 20% pops, there is no reason for that.
If you are really aggressive, just open a trading account using your nieces and nephews that are in school and have no income. They can pay as low as 10% tax on short term, and are allowed to gift you the money tax free.
Do everything in 15k amounts if your crazy and hate taxes.
The 3 to 5 movement does matter
even if you buy at 2.6 like i do, and sell at 3 + , at minimum you make 24 % each time
It does not matter if it goes down to 1.5, as long as you know it will reach 3 again. Which I have always been a believer of that.
Just don't get greedy, stick with a solid 20 % return on each flip. Your 70k would be 140k by now, or more, with minimal risk, and you would have twice the share number.
Even if you want to keep a core position, its stupid not to trade something when it pops 20% in a week.
Sell a third of your position or something, dont miss the ride.
Sold all my shares today
Been holding since 2015, decided to sell off everything today. I see one last big down turn into the low 2 's before the final push a year or two from now for the real money.
We'll see if I regret my sale today. Been making a very good average throughout the years just trading it as well.
As they say, one in the hand is better than two in the bush.
Buy below 2.7 , Sell anything above 3.0
Keep doing this and you will be happy with 30 % in returns every 6 months trading this stock.
Real advice, for real people. Not garbage like most here.
False
Mnuchin specifically said the NWS payments were used to pay for the ACA AND other government programs.
Try again.
Mnuchin already confirmed
That GSE slush fund money was used to pay for ACA AND other government programs. He did so on national TV.
This is not a debate, and that is creditable evidence.
Be patient, the GSEs are being used as leverage to pass health care. If it fails , we win. If it succeeds we win.
We are just needed as a bargaining chip at this point, no one is going to give corker the time of day with any of his obvious scams.
After health care is settled , payment of some form will be ours. Minimum of 9 dollars per share. Maximum of around 45 in the near 1-2 years time frame.
2-5 years, is when you get back into the crazy 100 + pps predictions.
Get ready for a ride UP
THIS STOCK WOULD ALREADY BE ZERO IF IT WAS GOING TO ZERO AT THIS POINT. Insiders are not selling , they are holding core.
ANYONE who has held this long, is going to wait for the FINAL outcome.
Be ready for a wonderful ride by years end.
If you short now, you will lose everything
Nothing that the average person has access to is of any real news worthy value right now. All side stepping. Nothing has changed for the last three weeks.
The stock price will drop to 20 cents and below, as soon as real news is out. Or above 10$ if it is good. There will be no confusion.
Pick your side, and bet. NO ONE HAS ANY GOOD INFORMATION AT THE moment outside of the inner circle of corrupt goons that are / have been plotting to bleed out every last penny of this cash cow.
Upside is still greater than anything else out there right now. Doom and gloom at this point is nonsense. Wait for ACTION not words.
The soothsaying here is hilarious.
IMPLIED FEAR =+=+=
Take notice that whenever any government official speaks of the GSEs , they tip toe around what to do with the current shareholders.
We will have a payday, it is being determined how much of the pie they want to give us. Humans will generally steal as much as possible, but in this situation if the shares are/were worthless, they would have been zero ALONG time ago.
Even a small piece will still be 8$ a share, if EVERYTHING continues to go against us.
Shares will NOT ever be wiped out. We may be 75 years old before we see a payday of any kind though.
300 posts on a down day
Expect green, for the next two days.
Up at least 7% , make some money . Ignore the noise.
ALL types of shares
are ether worthless, or have value together.
under NO situation is one worth $$$$ and the other is worth zero
This is complete nonsense, yet I see it everyday on the board. Lets kill this notion.
If this was a zero value stock. It would have hit zero along time ago. Be patient and you will see at least 7 dollars in two years time. More then that , you would need MANY unlikely things to come to pass.
I suggest buying on dips in the twos. Selling 25% in the fours. Keeping a core of 75% .
Lets ALL make some money and help each other out. This short vs long kiddy garbage is also nonsense.
Works
Works for me as well, thank you for the call upload
A bit of hope
still long
Process to save time
For people that don't know this. You can ignore a user by clicking on their name. Then clicking the ignore button below it !
Sorting the board out without reading big yank or along4 has made things a lot easier here the past week or two.
big yank
ignored
new news
http://www.valuewalk.com/2016/08/fannie-mae-housing-finance-reform/" rel="nofollow" target="_blank" >http://www.valuewalk.com/2016/08/fannie-mae-housing-finance-reform/
LOL
what else can be said
FMCC back to 10 cent gap from FNMA
Good times ahead
BUY BUY BUY
already up almost 3 % this morning
no one is sure what it means exactly, it just sounds good, we will have to wait until later this afternoon to find out
100% agree, good post
I see it also, werid
Nice
No corker is great news
Those documents are new?
Going to give us all a stroke with machine gun posts like that navy
Pump and dump
I am FMCC long, but as much as I hate to admit it. Today is pump and dump. Take your 10% and sell by end of day .
The scared look on corkers face is priceless when he realizes bill is gaining the upper hand in his witch hunt lol
If the government wins this case , I will lose all faith in the justice system. It's so obvious at this point.
____QUICKLY CHANGES SUBJECT______
signed