Followers | 300 |
Posts | 13,009 |
Boards Moderated | 0 |
Alias Born | 01/30/2013 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
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.
If I were a shareholder, that email from Freddie certainly wouldn't give me the warm fuzzies. Careful guys.
Great call.
I am interested to hear you explain to the board why rates increasing is a good thing for FNMA FMCC in terms of pps. You mind?
Schwab Advisor: "Hedge funds backing out..."
An advisor from Schwab recently brought this up in a conversation:
When hedge funds buy a massive quantity of shares and HOLD them, it is impossible for pps to degrade methodically as you've seen in FNMA. I don't doubt that the funds, at one point, held x number of shares, but it is as evident as could be that they have since eliminated these positions. And furthermore, even if the funds bought under $1 solely, to posit that they would watch 500% profits come and go without selling is absurd. No hedge fund holds through the type of price action we have witnessed here recently. and let me ask you this...what do you think their (the hedge fund's) motive was in releasing the information regarding their holdings in the first place? It was to generate confidence in the retail community, thereby generating buyers for the shares they were ready to dump.
This is not worth the risk at this point. If you are doing anything but flipping, it would be wise to rethink your strategy with FNMA. Good luck everyone.
Sorry about the red close : (
Red day for FNMA. Retail crowd getting sucker punched once again. Stop falling for the false momentum!
The big guys are using these head fakes to generate buyers in the retail market so that they are able to dump their shares. Read through my recent posts for a better explanation.
Volume is getting weaker because retail is getting stuck with all the funds' shares and holding them for when they can take their pipe dream profits. But the big guys who once drove pps are long gone at this point. This thing is rough. Stop getting fooled and stick to the flips.
Oh well!
It appears tomorrow could get bloody. News is very bearish. If jobs report doesn't hit expectations we will see this follow the market down and keep on rolling in that direction. Be weary all! Good luck.
All it takes is a glimmer of hope and this thing will be a sweet flip.
I'm hearing that we will be lucky just to close in the $1.80s tomorrow. Bearish news overall and the jobs report may cause this thing to test support. Odds are stacking up against us more every day unfortunately. Good luck guys.
No hedge funds hold FNMA:
I was a floor trader for almost 30 years. I know what goes on with these things. It's simple though... When hedge funds buy a massive quantity of shares and HOLD them, it is impossible for pps to degrade methodically as you've seen in FNMA. I don't doubt that the funds, at one point, held x number of shares, but it is as evident as could be that they have since eliminated these positions. And furthermore, even if the funds bought under $1 solely, to posit that they would watch 500% profits come and go without selling is absurd. No hedge fund holds through the type of price action we have witnessed here recently. and let me ask you this...what do you think their (the hedge fund's) motive was in releasing the information regarding their holdings in the first place? It was to generate confidence in the retail community, thereby generating buyers for the shares they were ready to dump.
Don't be fooled by the people on this message board.
Likely redemption here. These plays tend to surprise. Eye on it. Might take a small position.
??????????
One of the most frequent and "trusted" posters on this board argued that this is going to happen! You guys treat him as if he is an expert! HA
Nobody around here has any clue what is going on. Be careful who you listen to.
"June 6, 2103/Washington, D.C: Government to suspend trading of Fannie, Freddie..."
Volume in both Fannie and Freddie is at the level it is solely due to high frequency trading. Do not fall for the crap you read here!
No hedge funds own this anymore. Smart money is long gone. This will be under a dollar within the next week.
Cue the "short" accusations.
The delusion is unprecedented around FNMA FMCC. Be careful on these boards!
ROUGH DAY?
What happened to $10?
Hahaha
DOWN?!
WHAT HAPPENED?
Beautiful action here today guy! MAJOR buying pressure. Cheers to all!
Yessir let's hope so. This made it through one of my screens and the chart looked too good not to hop on. In at 1.70. Good luck.
Agreed. Thanks for posting...
I don't short. I just think this is going down again before we see $5. Lots of buying opportunity.
BE SCARED. LOTS OF BAD PRESS.
Any insight as to why? Cyclical action or what? I'd love to squeeze a profit out of this ASAP. Was expecting a little more volatility.
It's capital. Not Capitol.
Minus hind sight? That doesn't even make sense. What is that supposed to mean?
Bloody chart is bloody.
Wuttttt? Yawl confusion me can I has a better splanation?
Bloodiest chart EVER.
But ef I done sell how I make profit yo??
I miss couwnted yawl! I actallyf hasd $32 dollers so tmrw ima buy dis baby ouuutt!!!! Hedgers gon be chasin me down de block talkin sum "eyy boy lemme has dem Fannie shares FO FREE" and but ima give em da dd and dey best purchase what dey worff!!! Like fittty dolla but Ima charge em en extra fitty cent cuz dey be runnin me down fer my shares makin me swet in shit but damn cuz its hard out herr bein pimpin Fannie g!
Lots of bad news coming through the pipeline this weekend :(
Weeeewwwee boys! I tell u wat! We gon be loaded come end of cship cuz you sent dat pattern on dat der daily chart? Dem bowling bands? Monday we gon gap up cuz all dem Jeffers be trimmin der profits and idk but my neighbor bought a house and so that's another moregauge fer Fannie right?
I cawwlled fannie Mae to holler bbout sum IOUs cuz dey owe me cuz my shares wuz fi dolla and you know wut dey sed????
I bought at $5 cuz yawl been said it be $50 by Friday but den I looked an it down to $2. My life is ruined cuz. What my kids n baby momma gon dew?
You kidding? $10 by Monday morning fersherrr!
I has $27 to invest. Should I Fannie Mae? Then I be rich soon an retirement?
My neighbor just bought a new house. We are going to be rich!
Me too. But seriously the chart points to end of cship within the next few days and we will be rich.
Probably going to be released from cship Tuesday at mc. That's what the chart shows.