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.
What would you do with your position in Fannie and Freddie if both fairholme and Perry lose their case?
Seems like a new negative opinion/order every week for Fannie and Freddie lately. Any thoughts on the latest order by judge sleet and its implications?
When you do read it, I wouldn't mind reading your thoughts on it please.
http://on.wsj.com/2cJeMag thoughts on the latest John carney article and the opinion provided by judge Karen Caldwell ?
Where did the rumour that the Perry appeal will be released on a Tuesday or a Friday come from?
Thoughts on the Pagliara dismissal and the judge's opinion on the matter?
exactly the market's sentiment. Happened during trading hours and no shock to pps on fnma or fmcc or the preferred shares
Pagliara's suit was dismissed - happened ~1 hour ago, had little to no effect on the share price. Market obviously didn't place much importance on his suit, watch for biased Carney article incoming.
Always strange seeing Freddie with a higher volume than Fannie
How does the recent affirmation of the Piszel appeal affect the Perry appeal? Or does it?
looks like that gap at 1.91 got closed.
It's ok - believe what you want, all you have to do is look at the chart.
1.91 gap oh no
Do you ever get angry over the amount of time the whole GSE fiasco has taken? Maybe not angry but disappointed? Frustrated?
What are your thoughts on the 10 yr treasury as the GSE's profits are closely tied to it? It seems as though good jobs reports only provide a temporary bump - perhaps the world is still quite negative on the US economy due to the federal reserves lack of rate raising? From a chart perspective it looks as though its re-testing its 5 year low of ~1.50%.
4.6 billion in a 1 trillion dollar market is not even worthy of a report. Look at the media outlet it came from.
Mind if I ask why you chose only to invest in the commons rather than the preferred?
Still in both FNMA & FMCC? Any preferred? Just curious
Someone mind posting this on ihub please?
Bruce has usually held an amount of commons
It looks like he switched his common into pref
Does anyone see common shares listed by fairholme fund? I'm only seeing preferred.
The dog days of summer - 380k volume.
Did you read the latest from Bove on value walk about ginnie Mae taking all of Freddie Mac's business? Your thoughts if you find the time to read it would be appreciated.
I always re-read the definition of a conservatorship and the obligations of a conservator.
If the defendants claim they are the govt then is that beneficial to us? What if they claim they are not the govt - then they can be sued, which surely it's game over?
Could this type of order be placed by only one judge? Do all three judges have to agree on an order for it to be put into service, especially one where they are requiring supplemental briefing?
What is your take on the Appeals court asking for more from the plaintiffs? Are the judges closing all loop holes or leaning in favour of the gov't with these questions directed at the plaintiffs?
Internet exists in Canada
Freddie is still 7 cents out from its golden cross, perhaps the twins must both have a golden cross before anything happens.
edit: I also believe that the 200 dma will begin to turn down in the next few weeks if the pps stays at current levels.
What a stupid fucking proposal. All of these advisors say it is impossible to recap the current F&F but all they propose is to create and a brand new F&F (only one entity though) and capitalize them via public funding. Only the government would spend thousands upon thousands to get advice from these idiots.
Did you ever get a timeline from Judge Steele?
Wow - that's a lot of signatures of political figures.
0.01 went through?
He's not comparing their exact PPS, hes comparing the relative value of their PPS to each other as each event happens(ed).
Not comparing to AIG is illogical - there are not very many circumstances where the government has had a hostile take over of a private company.
Not only did it close above the 50 week MA but it closed well above the 200 week MA.
If banks dump Fannie and Freddie debt how large of an impact would that have on Fannie and Freddie's profits?