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That clears everything up!
Thanks,,, I think
Sorry for the stupid question, how do you determine what are sells and what are buys?
Thanks in advance.
Let me clarify what I meant. Going back only one stinking year, had I not tried to time the dips and rises, I would have several hundred thousand dollars than I do now. Now I only have 12,000 shares as opposed to 60,000 shares. I don't care if I have to break my fingers, I'm not selling, no matter what a chart shows.
Chart translation,,, Russian Roulette! I choose to stay and not to play.
There has got to be a dip at some point to fill this gap that will happen this morning. However, this stock cannot be predicted with charts as other stocks. For instance, the RSI will show over bought today for sure; however, this is news driven. Just as Tesla went from $20 to $200 in a year or so, FNMA has that same potential if/when released.
Your thoughts on a dip?
Thanks for your past sharing of research!
That's more like it. A good solid .20 gap from yesterday's close.
Ok, I need to get to a computer. This I Phone ain't cutting it for searchin pre market.
That's what I thought. Was trying to find where fnm.sg was up to $3.66 per market. I thought that was too big of a gap.
Cool,,, a $1.00 gap from yesterday's close! Outstanding. The dam has broke, the flood is coming.
Are you sure that is $3.66?
FNM.SG or FNM.MU?
You're not in the same league as Obit. Don't show your ignorance.
Donotunderstand, very good posting very well thought out. Going to eat right now and will be back in a few hours to reply. I will have to think about what you wrote.
It is great to be free to share opinions.
How do you interpret Ms. Waters comment?
You mean "old" as in 6:00 pm today? Maybe I am missing a reprint of an earlier same article. Is this an old article?
I want any and all printed information available, and am thankful to those that take the time to post that information. I do not want just the rainbow and unicorn articles about how everything is so good, if there is information countering, I want to read it and decide whether it is crap or legitament.
Just saying, don't be scared all your life. Read, learn and become more intelligent.
You are partially correct. Most of the time a stock cannot stay at a high RSI very long before a correction takes place. There is no doubt a correction will happen with HEMP as well. However, when stocks have good solid reasons, other than rumors, that drive the price up, the corrections are short lived. One example is Tesla. For the life of me I cannot figure out how a car company goes from $30 to almost $200 in less than six months. Especially when this car is way more expensive than most people can afford. Yet, the stock price is at $170+- and Ford is at $16+-.
All I am saying is, we have a stock that is close to be signed by the president to be worked with legally. This is not rumor but fact, and I am gambling to say is 100% gaurenteed that Obama will sign the bill. Mainly for more liberal reasons than the inclusion of HEMP. in fact, probably most politicians aren't even aware of the HEMP portion of the bill. It is more about welfare and food stamps than anything else, so it's a slam dunk to be signed.
So, my guess based on events that will definitely happen in the near future is, how high will the pps go until the bill is signed? After the bill is signed, then I can see a leveling out of the pps and even a pull back from profit takers. After all, the next event that will move the pps will be up listing to Nasdaq or the NYSE, or expectations of future earnings.
I am not willing to lock up such a large amount of money for multiple years without a dividend, so logically I want to take the highest pps off the table and move on, or wait for a pull back. I wasted too much time with FNMA waiting on rumors. We have something solid here. I'm happy for now. Glty.
My thoughts and prayers go out to you my friend.
Thanks for the warning, but could you possibly go into detail on the top couple of investigative signs that lead you to believe Growlife is a scam. Thanks!
It's better than listening to Obama boot lickers. Just sayin.
Is your name George Noory?
That is what is shows, but hundreds of times this has been discussed here, and it is still a fact. There is no after hours trading in the OTC market. Whatever explaination thee is for the $3.26 figure shown on the Marketwatch site would have taken place before closing, not after. Further research will probably uncover the answer. But, it is nice to look at.
You feel bad, my genius flip was a couple of days ago at $2.85. I bought back in today at $3.11 and will break my computer so I cannot flip again. When this thing is released, if we are out, we can say bye bye to the big jumpt to $5, $10 or beyond. It's funny how this can lull you to sleep and want to pocket that .10 profit in a day, just to lose out on a .25 rise over the next two days. Wonderful, now I have less shares too.
Actually, I think this would be the common reply either way. The lawyers will take any opportunity to discredit the other sides argument. So, this is nothing new and quite common. With that said, by reading the reasons of the plaintiff not to dismiss the lawsuit, to a person like myself, that is not a lawyer, this does seem very much in our favor and would validate the reason for such a sharp rise in the pps today. I think the pps will stablize around the $3 range or a little above, then take a large jump when the judge decides the case will go on.
Fingers are crossed.
It will be outstanding when truth starts coming out in a court of law about who is actually liable for the housing bubble!
Wow! You caught the bottom before a nice bounce back. Very nice timing.
I have lost too much in the past with similar moves from FNMA. I vowed to never let that happen again, so I'll stay put for the time being. I still will stay with the reality that the economy needs FnF for long term loans. Major dips, or corrections, will be followed by higher pps. I'm not good enough to time this, so I'll stay put.
Exactly! It fell way too easy on such a low volume. It should have taken many times more volume to make that kind of drop. I'm confused, but not concerned.
You have a valid point. However, in this case, by helping the middle class purchase homes instead of being forced into multifamily housing, the free market expands in many directions. Lawn equipment, swimming pool companies, landscape companies, roofing companies, Home Depot, Lowes and many more businesses, both large and small depend upon middle class home ownership. If individuals and families were forced into urban multi family dwellings with mass transit and fewer vehicles, say like New York City, then very few small business ownership opportunities would be an option. Unless trying to be a street vendor at the mercy of city permits to exist.
Many people think that home ownership is the American dream. Those people are thinking in a tunnel. The bigger American dream is the ability to own and run a business. The ability to make more money based on the sweat and effort you pit into your business. The harderbyou work, the more money you make, the more financially independent you become. Then you can buy a home with cash. It all begins with opportunity and lifting the restrictions that allows the common person to venture out and take that chance. Middle class home ownership opens a lot of doors for new businesses.
You may say it's bull crap, but it's true history and is documented very well in liberal news documents, so there is no bias in that article. Try studying up on our history before making an ass out of yourself.
I don't know laker. The nuclear power grab changed by the democrats in the senate only applies to filibustering federal judges, mainly the three Obama needs to have placed in the D.C. courts that will hear constitutional suits against obama care. What the seems have done does not affect the nomination of Watt by making it easier. In fact, if the spineless republicans had any set of balls at all, they would filibuster everything coming out of the dems over this historic power grab. They could shut the senate down if they wanted to force Reid to discuss reversing what will eventually be the strong arm of power for the republicans when they return to power, which will probably be next year after the next set of elections. Reid has opened Pandoras box and will cause a great amount of changes in the future.
Unfortunatly, you are correct. Otherwise, they would not vote themselves a different set of rules to follow. What is against the law for you is an everyday occurance for them, all of them! It's sad
Smoke_em had some input aboutbthe settlement, but there are multiple lawsuits that range from JP Morgan to BoA as well as others. I would like to see how these settlements breakdown into who actually gets a cut of that money and how much should go towardsbthe pay down. Lawyers alone siphon off millions, but when billions are being awarded, makes you wonder.
Good question.There's a lot of articles out there that talk about money and fines, but who receives the fines? Fines are in the billions.
Did she mention anything about Clinton and the democrat plan that everyone should be entitled to a home?
I think you are absolutly correct. This is not a serious offer for F&F because he knows F&F are worth much more. This is a warning shot, a crap or get off the pot comment and yes, as others have said, this will shut the politicians up saying F&F is a bad lottery ticket at best. In the long run, I take it as a positive move to get the government moving in a direction, one way or another.
"sukers"??? OK,,, and you call others stupid?
Jack - Your definition from your source is as follows:
"so·cial·ism (ssh-lzm)
n.
1. Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
2. The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved"
Now, we all know that there are different levels of social help. I consider myself a conservative, but believe the elderly and disabled need help from society, not just the government. Charitable organizations do a much better job of identifying and taking care of those on need than the government does. The billions of dollars wasted on fraudulent welfare recipients, fraudulent disability recipients as well as the ever expanding length of time to receive unemployment. It is blatantly obvious that these government handouts are used as tools for winning re-elections.
Yes, there are good uses for certain social programs. But are you in favor of a socialism to the extreme of communism? Do you not believe that by expanding the governments power and authority to control your life you have less freedom? And do you not see how Obama and the democrats lied to the American people to get socialized healthcare passed, without even knowing what was in the bill? I really like how congress removed themselves from having to live by the same healthcare law as the rest of "society."
As far as educating yourself on either side of the debate making it harder for "the man" to get over on you, well just who is "the man?" It seems to be Obama because any difference in opinion to his agenda is labeled as racist.
I guess I have one question I wish someone would answer. How many trillions of dollars will we get in debt until the day comes when the rest of the world loses faith in our ability to pay any debts back without printing more money, and then the dollar becomes worthless. No more social programs for anyone then. You may want to educate yourself of how bad the depression in the 1930's actually was. What we will face will not even compare to that dark period in US history.
Well, at least we have the freedom to have a difference of opinion, for the time being.
Clearly it's the truth!
Only because the current government is hostile to the general public. That is, unless obamacare is working for you!
You have a valid concern if fnf were normal or even above average companies, but they are not. Fannie ranked 8th on the Fortune 500 list last year and is ranked 12th this year. This is a company that formerly paid a healthy dividend of .60 per quarter, if I remember correctly, and would be right back where she was in 2008 before the crash. A lot of people are comparing today with May, but I disagree. In May, people were amazed with the record profits Fannie brought in and bought stock, until corker and warner threw cold water on everyone. This time, we have a court ruling that Bank of America, not Fannie Mae, is responsible for a portion of the 2008 mess. Other banks are lined up getting ready for their spanking as well. That will be multi billion dollar spankings. Combine that with the coming quarters earnings and net zero is just right around the corner. Not to mention that the hedge fund lawsuits have more weight behind them in light of the Bank of America ruling.
Today was a profit taking that turning into a panic selling, as Chester mentioned on an earlier post. Hedge funds know this stock will pay dividends once again in a year or so. Hedge funds will keep Fannie for the long haul, and so will I.
GLTY
That would truly be a great support level!