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Unreal this company made billions this quarter and goes to red on the same day.. Ha what a joke.. This should have exploded today.. Oh well
Awesome day for FNMA!:)
Hemp, inc is the amazon of hemp!
Aside from IHMMCC, Hemp, Inc. is poised to have Hemp, Inc. (http://www.hempinc.com) become the 'Amazon' of the hemp world, as they expect continued rapid growth in the industry. Their website is the definitive portal for all other hemp company products.
Think of it this way...
If any product is illegal, how can your business produce income based on something that is illegal and report that income legally? Of course people & drug dealers make millions off of illegal substances, but do they report it? Not likely unless they are stupid. But if the report in that Alpha article is true it shouldn't be that surprising as how can this company report earnings legally when the product they are pushing was illegal?
Once the bill is signed off on, then they can then start to capitalize on the product of HEMP. The more and more bills that are passed, the more states that legalize this. The better the company can produce.
Why people expected this company to have high marks before this becomes legal, I have no idea. The price increase is based on the farm bill passing, but also on future earnings that this company could make, and should not be based on past income reports when hemp/mj was illegal?
IMO
BILL HAS PASSED IN SENATE!!! AWESOME current vote is 65-19 and they only needed 60 to pass!
Agreed! As all other members that have spoken have encouraged the bill so looking good I think!
Senator McCain votes against the farm bill? WTF idiot...
Add shares before Senate passes that bill! Which should be very soon...
Awesome day! Now that's more like it! FNMA!
Not a single buy in a long time? Makes no sense lol
Any explanation on the two 4 million sells?
Not 1 single share has sold yet a drop? Don't understand this at all lol!
All buys yet we dipped? Strange but now almost even!
Last two trades totaled 500k! raised the price to 2.81! In the after hours or late trades that didn't process through during normal trading hours lol! but good to see after a shitty end of the day
Too many idiots selling off before the weekend. most to all orders that have come in have been sells.
Awesome Power Hour!
No bad news yet decrease?
Got to luv FNMA, you would think the Gov rejected the plan or the Prez opened his mouth but no they haven't, not lately at least.. All good news and dropping like a fly! makes no sense!
oh I know I've been here for all the highs n lows in the past 1-2years and haven't sold, I just thought finally thought with all the news we'd have a bigger uptrend but oh well! Still long here!
Is there any news for this huge drop to take place? Did I miss something?!lol.. Ridiculous! this stock is like a violent roller coaster..
WHAT A DAY!!! FNMA!
$$$$$$$3.00!!! soon to be!
2.85!! Keep it coming!
2.80!!
Does anyone find it strange?
Freddie made 30 billion and Fannie made 8 billion.
Yet all that is talked about on the news is Twitter? To divert attention away from them? Very good ploy whomever work this out.
And on the same day OTC boards are shut down due to a "glitch".
Doesn't add up?
Strange
30 billion!! And government isn't sure they can sustain themselves?!? What a f-ing joke! They will be released or the gov will lose in the courts!
30 billion!! And government isn't sure they can sustain themselves?!? What a f-ing joke! They will be released or the gov will lose in the courts!
NYU Law - Top 10 Attorney litigator in the country states that what the Government did to sweep all funds to the treasury is "UNLAWFULL". So, why this isn't dealt with in the courts opposed to idiots in congress/senate/president I have no idea. If the courts gets their hands on this, I would stunned if they didn't rule against the Government and overturn this amendment and release FNMA/FMCC from CS.
Check this video out
http://www.restorefanniemae.us/fnflaw?recruiter_id=24273
Whose better for Fnma future? Watt or DeMarco?
Add me as well! Long FNMA!
Great article! More n more positive news! Don't kill FNMA!
http://mobile.bloomberg.com/news/2013-10-22/don-t-kill-fannie-and-freddie.html?cmpid=yhoo
All buys this AM, hardly any sells which is always good! FNMA!
Was this the interview? Check this link
Buffett: Big banks are not too big http://video.cnbc.com/gallery/?video=3000204545
Can Maxine Waters save/get through to congress that a slight change is needed to GSEs; yes.. but not a complete overhaul of them.. Radical change is not the solution at all in this delicate real estate market.
Banks/loan officers are at fault for the financial crisis not fnma they just insured the loans; but now are unfairly deemed as the scapegoats. Gotta blame someone right? I can't even believe that they would even suggest to "wind" these giants down. The mortgage/real estate industry would be a lot worse without them... IMO
Great interview he is backing FNMA saying it should be common sense for the Gov to end the C-Ship and to restore them as that is what capitalism is all about!
People selling are you insane! Lol 10billion.. Yea I don't know about fmna? Really?? Doesn't make sense to sell today..
History will repeat itself here
I think the reason why the increase now is because the income report is coming within 2-3weeks, and once they show the reports of FNMA making billions again, this 5.00+ rush will likely repeat itself. So people are stockpiling now to get in on that rush.
This is what Fannie is about huge potential!
But patiences is key as the more money they stock pile in the years to come the harder it would be for the government to reform/wind down these giants!
http://seekingalpha.com/article/1544002-a-bullish-case-for-fannie-mae?source=yahoo
Blue what should be do with fnma?
Why is this falling? They just got a settlement of 3.5 from citi yesterday and much more to come plus they make billions a quarter?
Bought 6k of shares! Trust in blue!