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We're toast. Probably a delay tactic they can blame on Congress in order to continue the NWS for many years to come.
"Trump administration is said to focus on legislative overhaul
White House intends to work with lawmakers, spokeswoman says"
Wow! I think the stress of the volatility we've had has caught up to everyone. Extending an olive branch to congress means voluntarily bogging down the whole process for the foreseeable future. Red tape and hoops to jump through galore. There's nothing positive about this development at all. Precisely the opposite, in spades.
They already announced that they won't 24 minutes ago.
It's doing exactly like your scenario, according to my daily graph.
I can't imagine that management would be so stupid as to take the steps they have just taken, so I have to believe there was coercion and corruption behind all of this. It won't be long before everyone in the states will refuse to invest in Chinese companies. They just destroyed their best source of investment money.
I think a 15 PE for a growth company in this industry is way too low.
Thanks Captain Obvious for that chart. Because none of us has real-time quotes or charts. We're just flying blind like with our money and relying on random posts from discussion board to furnish us with real-time information.
it's probably time we had a substantial pullback. Until there's more news, it's " hurry up and wait" for who knows how long.
sounds like they won't need to buy commons if they're going to be converted for them, right?
I have been investing and trading full time for well over 20 years, always utilizing level two on my platform. I am completely agreed that market-makers do manipulate on a regular basis. But there was zero indication, imo, of that in the instance that prompted your post. I just find it annoying that every time the market goes against the longs on this or any other board there are several posters that cry market maker manipulation, when it is merely the ebb and flow of the markets. It gets old. As does all of the posts that point out the obvious volume, and price movement of a stock, etc., like Navy does. We all have quotes on our screen we don't need to read about it as well. All the immaturity on the discussion boards is incredibly annoying. I know. I shouldn't let it get to me.
Good point.
From the looks of the volume, I think a lot of traders have already begun their weekend.
Right it's always the market makers. Nothing to do with normal buying and selling. Never that.
"There is no way private investors are going to pay 125B for warrants and 100B to recapitalize fnf." and I suspect there is no way the government is going to retroactively reverse NWS.
Navy. There is a need to point out the last sentence of this news. I want to make money and I want everyone else to make money. But I'm sure you don't want anyone to lose money that could negatively affect the freedom they enjoy and their lives for a long time. I'm afraid some people here are gambling money they can't afford to lose.
Everyone needs to understand that this last sentence may hint at dilution from a follow-on offering of stock to raise this capital, all of the loud voices of celebration we hear now could turn into the howls of the damned in an instant. Everyone needs to stay nimble, not play with money they can't afford to lose, and always be reading up on the latest. GLTA!
That last paragraph is what worries me. Accelerating the capital raise.
One would hope that. And yet this is what he said...... "The capital needed is “probably somewhere, based upon their business models today, [in the range of] $150 billion to $200 billion,” he said.
“$6 [billion] to $150 billion is a big road, especially when you consider the earnings are, what, probably $11 billion a year?” Otting said. “So it’s like, how do we accelerate that, or what do we do to try to achieve that? And I think that’s going to take some really heavy lifting and thought processes around that.”"
That does have me a little worried that there may be dilution in order to capitalize. Can anybody come up with a more positive scenario?
It's not manipulation. It's just trading and swing money realizing that this is going to take a lot longer than anyone expects. That's just life.
" They plan to exit conservatorship in weeks" is very different from what he said. He said he expects to deliver a plan to exit conservatorship in a few weeks. That headline is disingenuous and deceiving, in my opinion.
rekcusdo. Check your inbox. Obviously you can't read the judges minds, but I would love to know your thoughts on the en banc today. Thanks.
People are saying two to three months for the opinion.
Just to be sure I have this right... It's going to take at least two months before we know the decision? Possibly three?
Yeah but it's not guaranteed that news will be positive. The dollar moves like you say, could be to the downside. Stay nimble.
Anyone know if there is real time streaming audio of the en bank session? I seem to remember someone posted that there was.
That article was just repeating news that was several days old. Not one bit of anything new
All this celebration with no news makes me feel uneasy. Stay nimble fellas!
The article says no word on timing or details. I think we're safe over the weekend for sure. Back to the waiting game. Great run though.
A lot of people have posted several scenarios that that would be true.
It was in Navy's article.
Come on people. Read Navy's article. Says right there................."That is Otting’s revised position, giving up defending the structure of the agency but continuing to defend the New Worth Sweep."
From whom? Let those half-dozen people backlash as fierce as they want. They will shut up soon enough and life will go on just fine. .........
"The Trump administration would face a fierce backlash if it tried to quickly privatize Fannie and Freddie by releasing them to the control of hedge funds and other investors. "
Anybody have any thoughts/insights on this stock? Hi-Tech . High barrier-to-entry. Good Revenue growth so far. 25 million float.
Happens on the bid as well with that 500,000 sale just a while ago, as well as bigger ones. Not sure there's evil intent in it though. I think it happens even without the Algos, but they could post a bid or ask and retract it so fast we never see it.
Well that's better clarification with your link. Again, that means nothing. AND...your failure to stipulate 50% of short volume rather than 50% of shares outstanding, could have gotten some investors excited for nothing. I'm not a mind-reader, but based on all your previous posts I've read, I'm guessing that was your intent. I apologize if I'm wrong.
Short volume is not the same as short interest. Short interest is about 12%. Short volume including naked shorting is just what market makers do routinely during the trading day until they balance their books periodically. It means nothing.
Thanks for not including her picture with your post. She assaults the senses. LOL. As was mentioned, I don't think she's friend to our stock.
Anyone know if the en banc hearing public?
When you don't at least mention source, it's the weakest of rumors.