I second that.

"No". Already happened last week.

Vague article with sensational intro. No factual numbers. How much are these losses compared to the posted profits? "Reasonable"?...

Nice to see FNMA steady rising when pretty much all worldwide markets color red.

No volume in PHOT is what's troubling me.
Been following it for a few weeks.
On the other hand, I'm glad this one seems legit and of the few MJ stocks that hasn't been pumped.
More exposure and news might bring volume and steady rise...I'll keep an an eye on this one.

Buffet is actually increasing his stake in housing industry.
Just google Buffet on housing and real estate before you post such drama.

Let's assume this would be the case, wouldn't current shareholders also sell instantly? Wouldn't there be a monstrous, gargantuan dump?
At current pps that would be roughly your investment x 40.
Who wouldn't take a 1000 dollar bet on this? It's just too good to be true.

Or do we still have plenty of old shareholders with average pps higher than 60 hoping they'll get break even again?

I agree. Just another daily chart showing us it's up 8%. That doesn't look good at all if you are short. lol.

check the charts. Days of 30% are not unusual the last 3 months.

Are we still talking about a stock...or a porn scene?

real time premarket 1.31/1.32, see http://www.otcmarkets.com/stock/FNMA/quote

Reasonable? Here's a link about him.

Do not ever follow such guys.

http://seekingalpha.com/article/1457991-medical-marijuana-get-out-now

Thanks (for link & sarcasm :).

Where do you have the info they bought at 1.38?

Fact is he is in loss, according to the link below they bought the shares in the 2$ range if the buy date of may 31 is correct.
http://portfolios.morningstar.com/fund/holdings?t=FAIRX

He wants to lower his average. Either he bought them already or he will sell when it breaks 2$?

I see no reason as well why he would announce this position which would only drive the price up before his buy.

Lol. Berlin trades a few thousand shares on a whole day. Their closing price yesterday was 0.88. That's why it appears to be 18%.

If you wanna have a better idea for sentiment in Europe, use tradegate. They're up 5%.

http://www.ariva.de/fannie_mae_federal_national_mortgage_association-aktie/kurs

Last week they gave a buy while you should have sold.
The week before that, when you should have bought, they gave a sell.
They are usually behind with the prediction.
I do use barchart sometimes to confirm a change I detect.
And that's what it is doing now. Probably tomorrow they will issue a soft sell.

If you have no clue, why are you saying they are all gone?
Not trying to put you in a corner, but we all appreciate facts above wild guessing.

PS. Use your ignore function if one annoys you ;)

Depends...Fairholme's stake in FNMA may sound huge in $$, but it is not even 1% of their total portfolio last time I checked.
More of a calculated risk, isn't it?

http://portfolios.morningstar.com/fund/holdings?t=FAIRX

If the dates are right, they must have bought it around 2$.

If someone has more detailed and up to date info about funds in FNMA, welcome to post it. At least we cut out BS about them.

True. Weeks ago we knew it was gonna be a bumpy road. Steep ups and downs are to be expected, as previous months already showed.
Nothing new.

please tell me where you get the information the hedge funds are gone?
As far as I track articles they are suing and did not retreat.

lol. Prove what you say.
Funds are suing the US. They will fight till the bitter end or new begin.

just an example here for you:
http://www.forbes.com/sites/steveschaefer/2013/07/09/fairholme-fund-sues-uncle-sam-over-fannie-and-freddie/

No need to get hostile.
If you like to inform and you agree it's insignificant, don't use such dramatic lines in bold.

Again, Europe is insignificant and worthless as a reference. A few 100k shares traded and they follow US markets.

perfectly following july 19. Days before slowly going down, then a big sell off followed by another climb...It's gonna be volatile like this till we have serious news.
1.4-1.6 range.

look at july 19 and the days before...looks similar?

Hmm, and how's your plan developing? Your "easy" money? lol.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90817790

People posting numbers and screenshots of their trades are either naive or have malicious intentions. Never pay too much attention to them. Why would someone post a trade screenshot of such huge amounts? Just to make you believe and follow him of course. Besides, screenshots are easily faked with some basic knowledge of image editing.

Never follow ones advice, but digest and question it, check his other posts to see if he easily promotes or bashes (if so, ignore the poster)... and think for yourself. If it sounds too good to be true, it usually isn't.

Nice job, mrfence.

I agree, I see this trading sideways in the 1.4 to 1.6 range till we have a new catalyst.

Holding isn't a bad idea, if you don't need the money to play others. This won't go down easily with all the positive backings.

Neither is selling and play a different game, like the whole weed hype that's going on...all green there ;)

I thoroughly doubt this company by only looking at their online representation
How can one we, anno 2013, take a company serious with no proper working website?
Certainly with all this seemly positive news, I would make sure the face of my company to the outside world and possible investors is looking PRO.

Explain why this would be huge? Please do.

True, that's why I'm also in big. I gamble on a green future for FNMA rather than they will dismantle it.
But I don't see any reason why it would happen today.
That's what I asked you, why today?

Based on what criteria?

Seems we have a very strong support in the $1.50 area since the end of may.
Lots of people bought at these levels and will not sell for less.

Patience is the key.

Relevant news for the common shareholders is what will move this stock for real. We won't see any serious volume spikes before this.

For now it's just a toy for day traders flipping a few cents (and why wouldn't you join the party...).

You better start collecting lots of kitties.

The German trading is insignificant. Let yesterday be an example of that. As soon as US markets open, Germany just follows.

They don't accept monopoly money.

Please explain me how this can go much higher when all profits and dividends are not going into stock, but US treasury?

This trades on pure sentiment and gambling.

I only see it making small ups and downs as long as profits go to treasury and we don't know what will happen with us, common shareholders.

Most people here need to chill down a bit.

Scaling down FnF and opening possibility for competition with FnF, because they are simply too big. Great. Competition is good. I see no worries there. Economy is going slowly back upwards, buying power increases.

What we should worry about is what will happen with the common shareholders of FnF during this reform.
These shares at 1.5$ should actually be a no-brainer seeing the profits of the last Q's.
Though, there is no clear answer to what will happen with the common shares.
Correct me if I'm wrong.

indeed...even so...It already secures us of seeing a huge profit from FNMA as well. I guess the uncertainty what will happen to the common shareholders and FNMA keeps it down.
If only FNMA herself could shed a light for the common shareholders.