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$FNMA Gap Fill looking likely. $1.40 next stop.
Glad I Sold the Pop last week...$FNMA Dropping
Can we get updated Treble Damage calculations for Commons?
Someone learned to Sell the Pops...$FNMA Always Drops
Just look at the chart. Every Pop is sold into.
It's starting to look like the bottom might fall out and $FNMA might re-test $1
Compare the 5-year Charts of $FNMAS and $FNMA.
One is up roughly 50%, the other is down nearly 33%.
Remind me which one is a Hold and which one is a Trade at best and a Gamble at worst
5-year Chart. It's the only way to view this
Still trading sub-$2. Not $5 Friday yet
Can you email Carl and confirm he still owns $FNMA Commons?
100% agree. Sticky please.
Someone must know JPS are better than $FNMA. Why else would there be such a large divergence in daily price action?
Irrational exuberance tends to do that to $FNMA.
Now, even with all of this supposedly Good News, $FNMA is trading sub-$2. My how times have changed
It seems the $FNMA Facts have changed dramatically since this then. Hence the market is not valuing a positive resolution for $FNMA anywhere near as highly as it once did.
Times are changing amigos!
Ahh yes, you're right. I should've said $FNMA hasn't closed above $6 since pre-Conservatorship.
The quick blips above $5 were short-lived irrational exuberance.
Nope, it's only traded above $5 briefly on a few occasions. $FNMA hasn't traded above $6 since pre-Conservatorship.
Interestingly enough, Jr. Preferreds have set multiple new highs all while $FNMA Commons have traded in a narrow range which it has been unable to break out of for the last decade
It's sure not helping the price, which is down 50% from 2 months ago
So they are going to do a re-IPO? Great news, right?!
How many shares and at what price they will sell them at? The price will have to be lower than where it's trading at before the re-IPO to entice buyers
Do you think new buyers of Commons will also be eligible for Treble Damages?
Finally, a realistic price target for Commons $4.50-5.
This is the low end of my range, but it's nice to see $FNMA Facts come back into the picture.
Nomura is basically saying "Buy Jr. Preferreds, they're better than Commons."
Oddly enough, they're both down ~50% from their highs. Looks like neither is holding up well at all
At least Jr. Preferreds are up overall if you look at a long time frame. You can't say that about Commons though
Maybe the Sellers know something we don't? Is Cancellation of Commons back on the table?
I sure hope $FNMA doesn't actually go negative. After holding Commons all these years and not having any actual gains, it would be a sucker punch to end up owing the Companies money because the price went negative
When do you think SCOTUS will take GSE case? The Seila case in front of SCOTUS now is insufficient to change the terms FHFA has outlined.
So either SCOTUS takes Collins, or we likely have several more years of legal battles. By then, all the damage will already be done
Is that Gap going to get filled now?
Were we supposed to Sell the Pop?
Let's hope not, it's already down 40% YTD
Us Average Joes have suffered enough. Let the price go back up at least a little bit so some of us can actually be in the Green for once.
Is it possible for $FNMA to go Negative like Oil did today? If they Convert the Seniors and Exercise Warrants, I could see $FNMA being less than worthless.
If that were to happen and if you own $FNMA, you would actually owe the Company money for owning the stock. Yikes!
That would be muy no bueno amigos
How many $FNMA Reverse Splits are you anticipating? I can't imagine a world where Commons are ever worth more than Preferreds considering all of the dilution that is going to occur.
Commons will likely never trade higher than JPS unless they do a large Reverse Split or multiple Splits. Otherwise, it's unlikely Commons ever trade above the $25 JPS, yet alone the $50 ones.
Not a recco
Excellent $FNMA Facts! Great summary for all to read. The JPS safety net is really comfortable.
I'm 100% Jr. Preferreds until they offer me a juicy Conversion to Commons or turn the Dividends back on.
Did anyone else receive $1200 in Treble Damages today? At first I thought it was from the stimulus, but it specifically references "GSE Treble Damages"
Most haven't even started. Where are you hearing this?
Rulings from Sweeney aren't expected until late 2021, likely 2022. Lamberth and Atlas have shown no movement in months.
It's doubtful anything meaningful for $FNMA will happen in the Courts until 2022.
Power Hour flop. Too many $FNMA Pop Sellers.
So much for $3 ... She can't even crack $2
I'm a $FNMA Seller here. Sell the Pops because $FNMA Always Drops
Not even $2 and the irrational exuberance is already through the roof.
Every time this occurs, $FNMA's price drops significantly shortly thereafter.
Let's refrain from high-fiving each other until we're at least back to the February price
Not to mention, the large majority of us Average Joes are still down
Commons trying to catch up to Jr. Preferreds. Congrats! They've both rebounded roughly the same amount (percentage wise) from their respective lows.
Now Commons are starting to look expensive compared to JPS though. Let's see what the rest of the month brings
Excellent $FNMA Facts. Truly a must-read for everyone!
I'm looking to sell my $FNMA at $2. Not sure if $3 will happen until August/September, if it happens at all.
There's still a lot of uncertainty about Commons
1-for-100 $FNMA Reverse Split? That would be disastrous.
JPS => Commons Conversion takes care of that
Jr. Preferreds are long-term Call Options on $FNMA Commons
Oh was it? What changed?
stockprofitter Thursday, 04/09/20 10:24:05 AM
Re: Stockman1010101 post# 603385 0
Post # 603393 of 604519
FNMA WARNING ~ 1.56 GAP has not filled. Do not let market maker suck you in .
DO NOT BUY!!!
stockprofitter Thursday, 04/09/20 11:01:06 AM
Re: Latergater post# 603397 0
Post # 60340 of 604519
More helpful insight?? Yes. WAIT UNTIL #1.40 GAP FILLS and lower.
stockprofitter Tuesday, 04/07/20 03:56:55 PM
Re: None 0
Post # 603019 of 604519
1.25 by Friday
stockprofitter Tuesday, 04/07/20 09:22:12 AM
Re: stink stack post# 602928 0
Post # 60292 of 604519
WARNING ~ 1.40 GAP has not filled. Do not let market maker suck you in .
Let's see if she can break & hold $2 first
Sell the Pop because $FNMA Always Drops. Gap around $1.45 need to be filled.
Let's get it out of the way now!
Agreed, checkout the Jr. Preferreds from last week. It was obvious the Smart Money was loading them. The footprints & patterns are everywhere.
$FNMA Commons, not so much.
Let's hope so. Those of us that bought the dip in the high $2s and low $3s are really hurting.
I wonder if those buys will ever see Green again