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Well known GSE expert is tired of the misleading tweets. Nothing hurts our cause more than bending the truth.
https://twitter.com/nsfraudbuster/status/941519339374571521
Where is it confirmed in writing? Tired of hearing about joe blow being on of 3 people with it in writing and it sitting in his mailbox.
"Groshans says common shareholders could be in for some serious dilution when the Treasury exits its $187.5 billion stake in the two GSEs." -- Height Securities
Maybe the same company or person two traded 100k shares earlier this morning.
Just a question but is it Mel Watt or employees who would be doing this?
The twitter link you posted has no source as to “Fannie Mae VP - Bob Simpson Stepping Out & Going Public!” Was just trying to find the source for this. Thanks in advance.
Once again, please can you post a link. Thanks in advance.
Where is the link to all this gag order stuff being talked about today. Can someone please post? Thanks in advance.
Can you provide a link. Still do not see the news anywhere.
I own common. At about a 70/30 split between p and c. Posting information like I posted earlier and will copy again below is relevant to common shareholders as well. I could care less about scaring a few ihub people to switch to preferred. It would do nothing for the price.
“There are two classes of equity in both companies: preferred and common. Bloomberg and Politico reported this week that the current proposals would boost the preferred shares, but leave the common ones out. “
Illegal per who? Besides one poster who says he is one of 3 people that have a letter from the SEC but refuses to share it.
Based on yesterday with the heavy down day for common and pfd up big- it seems like it might be the other way around.
From that very article.
“There are two classes of equity in both companies: preferred and common. Bloomberg and Politico reported this week that the current proposals would boost the preferred shares, but leave the common ones out. “
Both classes will do great. Was just stating the difference to another poster who said there were none.
From the news last night. You can connect the dots on the rest. “Under the proposal, preferred shareholders of Fannie and Freddie could be made whole or close to it, depending on the final outlines of the transition, the people said. But common shareholders may not fare as well, they said. Whether and how shareholders get compensated in the transition to the new system is still an open question. Investors in the companies include several prominent hedge funds.”
False. A preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock
“Under the proposal, preferred shareholders of Fannie and Freddie could be made whole or close to it, depending on the final outlines of the transition, the people said. But common shareholders may not fare as well, they said. Whether and how shareholders get compensated in the transition to the new system is still an open question. Investors in the companies include several prominent hedge funds.” Common will go up from here. Just a question as to how high. Not pre conservatorship levels though and definitely not 1,000.
Stop! Pure fiction thag this point. The senators are not discussing the average joe plan.
My understanding/ guess of the commentary tonight in regards to common maybe not fairing as well as pfd who should receive par or close to par. Pfd will be made whole or close to whole since they have a par value. Since common does not someone who bought precrisis at the height would not be made whole even at 60 bucks. Someone who bought recently would be made whole and also do very well. Both classes will do well, it’s just vague langue for now.
From Andrea Riquier on Twitter.
“Usually people with an interest in #FannieGate just scream at me. But some guy just emailed me his white paper. SMH.”
Now I guess people besides just this board are laughing at the stupidity of the average joe plan. Such an embarrassment.
When am i going to be worth 63 mil with the avg Joe plan?
Because it is the gov. If we get our companies back there will be a deal made. Look who is in office.
And that is why a variegation of moelis will be implemented and greedy post nws share holders will look like idiots but comparing of a 4-500% if not more.
Why don’t you share it. It’s not classified for only you. If you don’t it makes it look like a lie.
No he will not. There is not any time left to draft something. This will be taken care of administratively.
Problem this is the gov that we are fighting. Trump is known for making deals. What a better deal for him to make then release us and also get over 100b for tax payers with warrants. Wanting 4 digit sp is absurd. Even triple digit sp is crazy.
Look at past share price. Asking for over a 900% increase from all time high is ridiculous.
Wrong. Greed like the average joe plan is not the way to be set free.
Higher claims, pretty much same upside in moelis but higher safety.
Sounds semi reasonable unlike the average joe plan
They know the solution. Can’t act on it til next year when they can monetize the warrants
Can you at least put together a letter that is grammatically correct when blasting it out to every senator. It makes us investors look uneducated especially when telling them how to handle the mortgage market.
The whole thing has been illegal yet they won every court case. The warrants will be exercised.
Such a misleading statement
1000 share price is “greedy ambulance chasers”.
There is no true plan. There is a link being blasted on twitter by a few people and whenever they blast it, they say such senator has received and viewed it. The plan is unworkable and does investors a disservice.
It was not an Ackman analyst. That post was sarcasm. This AJ plan is so flawed and has 0 workability, I think it does the investors in FNMA harm as it makes them all seem like greedy uneducated ambulance chasers. There are three people on twitter who post this plan all day long but no one worth noting has ever replied to them. This plan is a bad image for shareholders and needs to stop being promoted as a reasonable option.
The average joe plan has 0% chance of ever being implemented. We should focus on something possible rather than a pipe dream. Common would be very lucky to see 1/40th of the price of the AJ plan.