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.
I feel baited. This board cheerlead, only to see a selloff?
I asked if we can discuss if it’s Miranda Rights related for the Court Martaling crowd, or what military justice precedent it could set. But alas, nobody wants to provide an answer....
Sure, but now I’m interested (as an aside, because we all could use a break sometimes in discussing FNMA) in this other case. Was a case of improper court martialing as a result of the crime? Could this do for Military Criminal Law what Miranda did for Civilian Law Enforcement?
What’s the “other” Collins that’s on the books for October all about?
Is this the sort of thing that the SEC is gonna have to get involved in?
I’ve been saying that for a while now. Ackman’s SPAC and the Twins? Hummm
I disagree. The markets have shown in 2020 that IPOs and Direct Offerings are passé. The SPAC is the vehicle of choice now, and if this board ignores SPACs, we risk being blindsided.
Again, is there anything that prohibits UST from having SPACs created for the sole purposes of “acquiring” Fannie and Freddie?
EXACTLY. Get people to invest in a SPAC (which itself is a black box, nobody knows what it’ll be used to acquire) at $20/share, and then go buy Fannie and/or Freddie at $5/share? A masterful stroke of genius.
Create 2 Special Purpose Acquisition Companies for the sole purpose of acquiring Fannie and Freddie? That seems infinitely more likely than anything else proposed on here.
Again, we need to consider the SPAC play. There is NOTHING that fore-bides UST from creating a SPAC. If there is, please let me know.
This is why I believe a SPAC will be part of the “new” Fannie and Freddie. If the current shares are decreed “worthless”, it makes it easy for a SPAC to separately raise money and then “acquire” the Twins. Then, the SPAC(s) become the new Ticker symbol.
But if you sell your stock, doesn’t that terminate any opportunity for you to make a claim on withheld profits/dividends?
But could we see UST create a SPAC, line up all the new shareholders there, and then “acquire” Fannie and Freddie? I just adamantly feel that SPAC will be the vehicle used for uplisting to the big boards instead of an IPO.
It just seems like we’re long overdue on this board about having a discussion about SPACs and how they may play a part in the “relisting” of the Twins.
Ackman SPAC talk on CNBC coming up. Again, we need to discuss if Ackman’s SPAC (the largest SPAC ever, by anyone) might be a play to acquire new IPO Fannie and/or Freddie shares?
Schwab now has new CZR!
Schwab is still waiting for the conversion. Seems like only TD Ameritrade was on the ball today. Schwab and ETrade, I’m ashamed of you guys.
When is Schwab gonna update things?
Still nothing on Schwab. Come on Chuck, you’re supposed to be the best.
Good deal. Schwab still hasn’t updated. TD Ameritrade, what are you guys seeing?
Which brokerage are you using?
Well Schwab just told me the same thing. ETraders, what’s the word from your corner?
I’ll just be happy with 23 Skadoo!
Will Ackman’s SPAC play a part in all this?
Fannie Mae and Freddie Mac?
MEETING ADJOURNED! Sound the wedding bells, Caesar’s and ElDorado are now United in Corporate Matrimony!
NJ can afford to take their time to pass this, because the combined company will have a large AC presence and the state wants the company to get it right.
And at least the commission members in NJ seem to be positive on the Merger.
NJ just wants to be sure that Caesar’s and Harrah’s in AC will have CapEx poured into sprucing up the properties, just like with how the Tropicana was. NJ has to compete with PA, the DC/Baltimore area, as well as Mohegan Sun and Foxwoods.
No decision today, they’re back tomorrow at 10 AM.
Am I the only one watching the New Jersey proceedings? Come on people, let’s drum up the posts on here.
I’m watching now, and I am impressed to al hell with the Eldorado CEO. He’s going through these proceedings with finesse!
What time is the New Jersey vote? Can we watch it?
Just look at the SPACs thus far that “acquired” Nikola or Virgin Galactic.
Because if a SPAC is created by someone like Ackman/Pershing Square to acquire a large stake in one of the Twins, that’s less that the Feds can own.
A SPAC could easily fund Fannie and Freddie.
Why does it have to be an IPO vs going the SPAC route?
SPACs and Fannie/Freddie
Why is it unlikely that Fannie and Freddie wouldn’t be brought back to the Big Boards via a SPAC? Ackman is gonna have the biggest SPAC yet, and one of the Twins could be on his list.
SPACs are all the rage now. Any chance we see Fannie’s relisting as a SPAC play?