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I found a bag of rare coins in my Uncles attic worth around 20 K. I have liquidated them and using that money added to existing account for (FNMA) my next big short. Just waiting now for funds to clear. I am good at this.
With all these new political situations (FNMA) in the next six months looks like the GSE issue going to get pushed to the back burner. Their credit is good a new draw should be OK.
Years from now one will be grateful they were wise enough to Identify this rare opportunity to become wealthy by purchasing this stock at these levels. Almost all the poor performing loans are gone and the lending standards that caused the problem in the first place are now nonexistent. The company's since have been showing significant profit each quarter which inevitably will lead to all imposed sanctions being lifted.
Arnold
I watched DTG go from $.60 cents per share to $90 dollars in a few short years. I am not making the same mistake here and this company is way more valuable. This investment is a generational once-in-a-lifetime opportunity. It's not too late to get in. This stock was trading for around $70 before they took it down and it now appears that take down was unnecessary.
Arnold
Good point. This could also happen at any time. This stock could shoot up X 10 on that news alone. I believe this is the reason Ichan recently has distanced himself. They will probably make announcement under the radar while the media is distracted with Russia or some other nonsense.
Arnold
Four months or less for freedom. Government painted into corner with no way out but release. Fiendish plan to destroy Fannie and Freddie will have been fully unraveled by then. Expect backpedaling, apologies and then compensation for their unscrupulous behavior followed by recap, release and re list to NYSE.
Arnold
Next week price will fly. Congress back at work so guessing game will be over. Time to get back to business and release Fannie and Freddie. Possible shareholder reparations to be discussed while paving way for re list to NYSE and restore of quarterly dividend payment to investor.
Arnold
It definitely looks like government siege of investors intangible assets and rights regarding owning stock in this company are coming to an end. Basically what's left is mop up and determine a dollar amount to be paid to stock holders for damages.
Arnold
Forced to cover. Don't want to had to due to relocation to LA. Need to keep eye on road not computer (FNMA) screen. Lot of meat still on bone but I still made great trade and profit. Uhaul packed and ready to go. If you see me on road wave! Should be settled in by the 6th so be nice to cousin Arnold while I'm gone.
Bottom ready to fall out (FNMA) I have seen this before and am good at this. Saw blade trading chart means only on thing look out below. Avoid holiday weekend anxiety and get out before it's too late. If insist on still owning stock why not get out now let it crash enjoy holiday weekend worry free then buy back when it's in a more reasonable range like $2.35 pps.
When is this charade going to end? It looks like now topped out. Chart ready for reversal believe me I've seen this before. No fancy meeting or letter can help this time. (FNMA) Best to sell off some now to lighten the load or get out completely before for dump gets legs.
One thing I have been impressed with has been the orderly flow to the exits. Usually in a situation like this (FNMA) when a company has a wind down date and you are this close to that date sometimes a panic condition could exist. It is truly admirable the way most here have accepted the end is near.
Lack of enthusiasm on this board is evidence stock ready to tank. Take it from long time poster. Respected. Last time interest waned to this degree bottom fell out (Following week) FNMA. That's what we have here. PPS maxed out. Top of the mark. Spit the bit. It's over. Best to take any gain off table at opening bell before it is taken off for you.
Is it true that not a penny of all the money paid back so far has gone toward the $187.5 Billion principle? This is (FNMA) problematic. Usually when you pay down a debt principal is reduced accordingly but not here. Now there going to need more money? Will that be tacked on the already existing $187.5 Billion already owed? Doesn't look to me that this is a very sound investment.
She'll never see $3 again. Too many problems at every turn. Short dog pile expected next week extinguishing fake run and exposing the true vulnerability of this (FNMA) stock. Probably best to move on to legitimate blue chip stocks that pay a dividend and don't trade on high-risk pink sheet.
Devastating PPS plunge (FNMA) expected with Harvey Destruction and all. Or at least one more dump for old times sake. I fully expect that plunge this week and this is coming from a highly respected board veteran. Let's examine current pressing issues.
Current pressing issues:
PPS increase: too many days up and ready for correction.
Weather related news: Seasoned traders love to sell into catastrophe.
Wind down date close: No plan for ending current situation.
Conclusion: Giving these current events no one in their right mind would even consider purchasing or holding this stock.
OVERBOUGHT (FNMA) RSI READY to puke. Last time it got this high she dumped hard. I am good at this with 4 correct calls so far this year! If any fake gain has been realized best first thing at next opening bell take profit before too late! Please remember"
greed lessens what has been gathered".
Fiscal storm ahead (FNMA). With new draw likely and GSE profits already spoken for there is a very small chance anything will change anytime soon . Funds will be needed for taxpayer benefit not greedy investor new sports car or boat. Probably best to lighten share load and let storm pass then re-evaluate position at that time.
Will close LOD. People's already heading for exits as we speak. Just a bunch of day traders making a fast buck.
Oh dear. Here comes Harvey. If memory serves me correctly market tanked last time this happened. Could this be the pin prick to pop false market (FNMA) bubble dragging down unwitting Fannie with it? Just when things were starting to look good.
I'm with Corker. Not only agree with his opinion on this current situation but also his best for the taxpayer plan (FNMA) to dissolve the burdensome soon to be insolvent GSE's. Lets not turn a blind eye to the fact not one penny of money repaid has gone toward principle of $187.5 Billon loan and new draw looks very possible. That money will be tacked on to existing principle so bye bye time for GSE's and hopeful investor.
Yes. And the odds are about the same as winning the lottery unless you're short. Unrealistic shareholders may become unhinged at any time once it is announced new draw will be (FNMA) needed. Probably best to reduce holding or get out all together after realizing chances of winning here are very low.
This is a personal vendetta I hate this company. They foreclosed on mom moms house forcing me to (FNMA) either move in with my cousin or become homeless. But I just received some bittersweet news. My Uncle passed recently and left me a house in LA. I will be moving there Labor Day weekend. My cousin Arnold will be posting while I'm gone. You guys should hit it off great.
You know I have been here a long (FNMA) time. I have seen posters come and go. I have to say this. You have by far out of any posters I have ever read on this board put together the most comprehensive and compelling argument in favor of owning this stock that I have ever seen.
Have you tweeted that out yet? Could cause twitter storm. More than likely twitter (FNMA) twitter drizzle. Allow me to make an observation here. Most in this country are aware of the existence of Fannie Mae and Freddie Mac however they are unaware of the current conservatorship status.in other words they could care less if greedy investors got wiped out or not as long as they can still pro cure and maintain a home mortgage. I hope this helps.
Can you come over tomorrow morning and wash and wax (FNMA) my car. You will need to be quite though I will be up late tonight celebrating all my current, past and future successful trades.In exchange for the labor there will be no cash. But I will share with you my secrets of becoming wealthy shorting FNMA.
That's rich. It appears the one with sleep problems (FNMA) has been the one one the west coast up since 4am desperately posting on this board trying to stop this stock from tanking to no avail .
Another nail in the (FNMA) coffin.
What a devastating blow to hopeful investors. One of the only flickers of hope they had left has now been extinguished. Huge pro shareholder advocate saw writing on wall and decided to bail before it got ugly. I guess that's why he is a Billionaire with a B.
Not everyone is given that instinct. It is rare. In (FNMA) life if you are lucky enough to ever even encounter such an individual with that gift it would be wise to take heed. Unfortunately there are too many walking around today who have somehow slipped through the cracks of the natural selection process.
Good thing it didn't cover. I have been reinvigorated by that (FNMA) last plunge. Reminded myself that I am still good at this being trade record speaks for its self. Sell off has begun and I will be there to pick up the pieces when sell off carnage ends.
Have you met my cousin Arnold? I I hear those same points from him all the time. He is not only my cousin but my roommate as well. His house isn't the one that got foreclosed on by (FNMA). I let it go in one ear and out the other I am short. I am not happy today. I am prepared to go down with the ship.
I highly question the validity of this price increase. (FNMA).Very suspicious.
Possible explanations:
Head fake: sudden increase in price movement followed quickly by reversal.
Dead cat bounce: small brief recovery in the price of a declining stock.
Tweeters are peters: Possible that unscrupulous , underhanded social media Internet manipulators tweet storm ginned-up some gullible novice investors.
Conclusion:
Best to take advantage of temporary price increase to recoup loss before downtrend continues.
UNSAVORY TWEETER SWINDLERS
Trying to manipulate share (FNMA) price with fake news and information. It's and old pump and dump tactic but now they are using social media as a tool to lure in unsuspecting investors to buy to inflate share price before they sell. Don't get tricked .
LAST HUR-RAH (FNMA) FINALE before unmerciful inevitable PPS
plunge begins.Probably best to take advantage of fake pop to help recoup that has been lost in the past. I am good at this.
She'll never see $3.00 again. If it was gonna happen it would of by now and is hasn't cause it won't. Fake market bubble ready to pop at any time as plenty of catalysts presently exist. Stocks in conservatorship slated for termination (FNMA) will be hit hardest.
WHAT IS THIS CRAP (FNMA)
Floundering company on the edge of wind down is experiencing one final last gasp of green before being run into the pps ground. Probably best today to take advantage of any uptick to recoup all loss and sell before final obliteration of share value.
This is taking a little longer than (FNMA) normal this time but when you have a 4 time winning strategy in one year you stick with it. Especially when stock that is shorted has laundry list of current, past and future problems. Please remember" The herb patience does not grow in every man's garden".
Will close at LOD. Tweet storm fails as predicted and PPS will reflect market sentiment (FNMA). Unfortunately some learned slower than others that a stock that is in conservatorship has little to no value. Add scheduled 2018 wind down and it's surprising it's still trading at all over $.10 per-share.
Boy all those tweets really (FNMA) worked great! I didn't have to send any tweets and doing pretty good against the tweet tide which turned out to be totally ineffective PPS wise which was the original intent.
Why? There is nothing new on this. Everyone knows the facts already. Should we also tweet out the earth is round not (FNMA) flat and the sky is blue? $2.35 soon.