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Go figure, eh? Lol like sharks smelling blood. But this is a long game, and when the announcements start hitting, shorts will be busy, busy, busy.
Folks, check out tickers on different sites! I just did. The twins never sported PE's, now sites are showing a 75 PE for FNMA. Also sites are showing EPS of .010 for second Qtr of this year, where previous was zero. Hmmmmm
Why are ticker sites updating NOW with info as price is being slammed by shorts. Stay tuned.
Yahoo shows earnings date Oct/Nov 2021! The ticker areas were and have been blank of this info forever. Me thinks something is up.
No, you buy the dips and hold. Dont use all your powder trying tobtime one buy. Gradual 5 and 10k purchases. It hurts,,takes money from shorts as you go
And shorts on here would need ice packs for their azz's for months. Lol
I'd rather Bezos than Buffett. Tell them there's a sale right now! Bezos could drive this to $10-20 with his pocket change. Shorts neglect this kind of stuff. The extreme value will get recognized by big players, I have no doubt.
Yee-haw 0.90 gonna hit. 7200, yatzee.....BOOOOOM
None of the shorts on here recognize the governments not going to accept 0.20 a share for warrants if they use. Lmao. Shorts will be burned eventually, mark this post.
You'll know who when they start disappearing from this board. Lol
I really want to see how they enforce this on banks, current mortgage companies, considering banks have those built in stress tests now. On one hand Dems say give cheap loans based minimal equity LTV and/or credit score, on the other they say don't let your business fail or we will punish you - conservatorship or pay for un-needed bail outs.
Banks and mortgage companies being put in a dammed if you do and dammed if you don't snafu by people who parade around social justice issue chants and platitudes, but not one whip of business intelligence.
They have been used in cases. If you and your pal even remotely followed the cases and the posters informing on here, you'd know this.
Just keep sharing your whiny opinions with each other, you're more suited to that.
Those docs exist. Courts have seen redacted versions, so no they can't shred or make disapear without legal reprecussions. Those docs (probably a lot are emails) exist on many other government computers as well as other outside people who were involved. Remember the Fannie CFO or 2nd in command in their financial dept, forget her name, she provided proof the twins were headed for a long period of profitability just before the NWS. So anyone saying docs dont exist is FOS. Ugoletti was also proven in contemp with some of these docs. Many have been exposed but, yes there are the key ones government keeps fighting presidential privelege on. If you think those docs are gone or just Obamas dry cleaning bills, you're dilusional.
Come on .90! Getting my freddie position loaded. Let me know when 8k posts to L2 Clark. Lol
Look at it this way....would government be replacing people if we were going outta business and commons/prefs to zero value? The folks on here saying that know nothing. Playing games.
Any news is better than none. Let's hope a steady trickle starts, and then becomes a deluge!
Yes sir-eeeee. I'm going to drop orders at 0.95 and 0.90 tonight or tomorrow morning. 2.5k each, see what happens. I put my orders in .03 to .05 lower than current market price, always. Gotta watch it closer (day to day) at these prices though. GLTU
Told you it would! 0.98 is good. Don't spend all your money! Buy chunks going down, and up. I started 0.98 going down and will buy 5k$ at 0.05-0.10 drops. Then same going up to $1.00. Then I hold for whatever transpires.
Cool. Time for me to put in an order at 0.90 and wait.
All the shorts so focused on here about previous SCOTUS and existing court cases. Yet, none provide solid reason or logic for a stock worth zero as they claim. The day government announces they are stepping out of the way, shorts will be 3rd degree burned. Might not be today, next week, or next year...who knows. All I know is this is not going bankrupt or disappearing. So shorts are on a short leash, so to speak. Their chatter gets heavier as their fear becomes more transparent. Lol
Lol. Fantastic. Bat signal, eat your heart out. Lol
The stress test opens all kinds of cans of worms....stay tuned.
I follow your optimism GB. Those pushing dooms day on here are obviously short con-verts. Let'em have at it. Things seem to be in the works...this stress test is a harbinger for lowercap rule, that domino falls and other things will slide into place.
My advice to anyone who wishes to invest....ignore the noise, do your own DD, look for clues in whatever news comes out.
One question...do you think the twins are going away or bankrupt? If your answer is no, then far from over.
I'd buy $50k easy if 0.50. No BS.
What happens when the stress test is officially used to change the capital requirement? I'll guess here. That means a lot of excess cash now being put towards capital becomes earnings. Unless they figure some way to steal that? BUT, if it becomes earnings, then release will not be far off, so BOOOOOM.
Or here's a thought, some of that excess cash is used by the companies to settle law suits as well as put towards earnings...hmmmm boy, I'd hate to be short if that ever hits the news.
Something definitely has to be done by this administration PDQ if they want any bit of control on how the GSE's function after conservatorship. If they don't get moving, 2022 is fast approaching and a very possible lame duck scenario. That just means a bit more time in purgatory for us shareholders. 2024/2025 definitely done by this time frame, IMHO.
The way this administrations is screwing up everything they touch, I think I'd rather keep loading up and wait for 2024/25.
Shhhhhhhh, I need to buy more!
Fidelity? They've been good to me, as of late, getting me shares .02 to .05 below bids I put in under the current quoted market price. Takes a wee bit sometimes though. About 30% of the time my order does not fill, this happens because of penny picking shorts get all scared. Lol
Which ones are fixed?
Hard cold facts, lol
Yep, people keep getting burnt on both sides of this trade. I buy and hold. No loss unless you sell. Shorts playing with fire. Bigger hands manipulating the twins.
But facts remain....we are not bankrupt, we are 20.9% of the governments 79.1%, so in the money, if you tie your money to the governments greed. We are not going away, many have tried. The mortgage market tanks if these two do not support it, along with the economy. No one has disproved this and can't. Many who were against are figuring this out due to governments lack of conviction to do anything, so pretty soon many who were trying to back stab us will be yelling for release.
Let the shorters drive it down! More shares for me and more pain for them when the tide turns.
BOOOOOOOOOOOOOOOOM 5200 FMCC @ 0.98.
That Boom ought to get some tears flowing, lmao. Slooooowly I turn, step, by step....
My question was to Fidelity, why do they care? My accounts, my money, my decision. Maybe they should consider age as a factor for this rule? Although, yeah...there are some older people that are stupid.
Absolutely. Good for you and good luck.
Let's hope so! Then the price goes to $30
JPS don't want to admit it, they (most) bought to scavenge because they thought bankruptcy. Commons buy to support the business.
They do! I would like to get about 10k of two pref tickers but my fidelity account requires a stupid frick'n phone call to initiate pref buying. (I'm deaf, so hard to get a relative to drop by to make the call for me).
I don't know why, but Fidelity required this way back from me for the otc purchases of FMCC and FNMA. Vanguard does not require this ( I think). I have accounts at both, but my free cash is at Fidelity.
Putting in a buy today, 5k. I'll keep doing this for every 0.05 - 0.10 it drops until news starts flowing.
Excellent concise info. Thanks ano.
This single director currently appointed, will have legal challenges eventually.
Good for you. I'm about to start buying 5k at a time when under $1. I imagine shorts will start getting clobbered when these fall under a buck.
Sloooowly I turn! Lmao
Replace "Naigra falls" with BOOOM. Lol for the anti-boomer crowd. Navy better watch it, he'll end up like Curly. Lol
"BOBSHELL!" its super, double, duper, cloaking device top breaking ultra secret! Whew! That guy does lead a tough life, lol
The government crime syndicate (Hank-y " panky"Paulson) had to look like they were doing something legit to bail out their bank pals. First thing they probably did was conference call each and every bank CEO/CFO and asked how much in rotten egg loans. The call probably went something like this:
Hank to JPM, hey Jimmie how much ya got in leave the keys walk aways and other losses due to mortgages at 175-225% of house value?
Jimmie D. : 12 billion easy.
Hank: okay, we're going to trash you in the news, throw you in court, make it look like we have new and improved awesome stress tests and cap requirements for ya....when all is said and done, you'll pay two weeks legal costs and we will say we are getting you for 10 billion to appease the blind public taxpayer, but you'll pay us 2, maybe 3 billion. Easy peasy. The actual garbage loans will go into our GSE compactor collectors.
Jimmie D. : that sounds like a plan! See ya at the golf club next week, my treat.