Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
this is for the ROPP case
gee, i wonder WTF you are talking about, read this: from angel;
To again be clear: there is no settlement in this case. We have not agreed to any
settlement, nor have we agreed to any stipulation, nor any voluntary dismissal. We do not
anticipate that we will agree to any settlement or stipulation, and have specifically and expressly
rejected the proposed settlement agreement and stipulation that you filed with the Court and that
you again propose in your message below and its attachment. We have no interest in further
settlement discussion at this time. Your continued representations otherwise are false and utterly
without factual support, and we urge you to cease making such representations.
JOSHUA J. ANGEL PLLC
no that was from angel to the govt, see angels sig right below that
non of anyones opinions or guesses means anything if the barstards are not planning on releasing them from conservatorship
yes she basically admits the the 191 billion that was borrowed has been paid back twice in the conversation
yup average secondary offering goes off at 20 to 40 bucks per share
i agree, typical ipo price is say 25$, latest letter agreement says each company can ipo to obtain 70 billion $, that would mean that they might offer 3 billion shares to the public at say 25$ per share. so at that point our commons will also be worth 25$ per share, we just need them to get off there asses and do in now!
yes, settle ny govt agrees to release them, stock goes to 50. big volume spike in fnma going on RIGHT NOW!!!!!!!!!!!
hey, trump manuchin calabria were all spouting about release and they didnt do shat, so maybe the silent approach, being the opposite, will work,,, who knows???
Serious bottom line post
Will the govt keep fnma in conservatorship into oblivion (forever)?
If not, then when the govt decides to release them, how will they slice up the pie of approx $240 bill market cap (just use this number for illustrative purposes)?
-How much goes to legacy common stock holders?
-How much to pay back the govt for whatever, this will be in the form of paying then to repurchase their warrants or just cash for repayment of senior preferred shares.
-How much to the new stock holders in the form of a secondary offering of the common stock (same series of stock as current common stock holders).
-Note: once release is announced I believe the market will automatically push the existing preferred stocks back up to par value. So this wont cost fnma anything. This should make you happy bradford.
So here is my estimate of slicing up the pie: 40 bill $ to existing common holders, 100 bill $ to govt, 100 bill $ to new stock holders.
I sure would like to here from the investment bankers on whether or not I am on the right track.
Other comment, is the current court litigation slowing down the release or speeding it up?
This is my culmination of thoughts after investing 100k $ into this back in 2014, I is all up to lords timing!
what i was trying to say is: of the final worth of the company, if the market says the company is worth 240 billion $ then 24 billion $ goes to existing common holders (ie stock will be 24$ per share) 120 billion dollars goes to govt as cash (ie they agree to sell their warrants and take the cash as part of the secondary offering) and 86 billion $ goes to the new stock holders (ie 4 billion shares at 24$/ per share).
thanks, that response is better than no hope at all,
wow, so if the dissenters had won, then we would not have gotten a remand at all, dang doged a bullet there, ob... is there any hope for us in the remaining court cases?
ok, that answers my question very well. no hope there then. makes me wornder if there is any hope in getting a good verdict in the district court remand?
thank you, we are having trouble enterpreting if the dissent would have helped or hurt the shareholders?
yes i agree with you one the words you pointed out, but those other words seem to conflict with them In other words, I think we should modify the district court’s
judgment by granting declaratory relief in the Plaintiff’s favor,
and we are the plaintiffs i believe, strange
so what do these words mean??????????
In other words, I think we should modify the district court’s
judgment by granting declaratory relief in the Plaintiff’s favor
read page 4
In other words, I think we should modify the district court’s
judgment by granting declaratory relief in the Plaintiff’s favor, stating that
1 It is important to remember that claims for relief must have plausibility. See
to me, this courts dissent, where they would have granted us relief, is very encouraging, 5 judges said that wanted to grant us relief right then and there, with no more delays, dangit, we were that close!!
Lets hope that enbanc isnt an enskank
chessmaster, so how do you feel about this after the court of federal claims latest verdict? thanks much
are you being sarcastic?
this means that the treasury will let fannie repurchase the warrants for .85 cents a share within the next 2 weeks, stock should explote when that happens
i would sure like to believe that myself, but nothing i have seen makes me think that the govt is going to try to get them out of conservatorship, can you give me any clues as to why you think they are working on it? thanks
ya, we need a big court win and then a ralph nader like run to 100 and i will get out, cuz the gooberment will screw us later even if we have a court win
i should have known the govt's true intentions after dang munukin appealed the enbanc to the supremes, dangit we could have been done and released at that time
holy sheeet we are going to be rich! up .015!
it is possible that sandra will now kick some butt to get fnma released
so, so is trump making the statement after the fact still count???
hmmmm so how is this news tied to the 167 million share buy a few days ago???? could be very good news
interesting that the letter is dated nov 11
this letter is too good to be true
i think the 172 million share trade is the investment bankers buying in to prepare for release!!!!!!!!!!!!!!!
Upon the government’s exercise of the warrants, the GSEs would be required under the terms of the PSPAs to apply the net cash proceeds
to pay-down the liquidation preference of the senior preferred stock.”
so who gets the money and then has to give it to who? in the above scenario?
at this point i dont care if the govt exercises the warrants, my commons will still be worth 40-50
ya, tell me about it, bought fnma in 2014 for 4.30, question for ya, does the govt have any motive for ending the conservatorship? or are they just waiting to be forced by the courts to end it or settle?
wow settlement by thanksgiving, i can live with that!
wow that is 1.7 million bucks worth
supreme court already said that the govt can self deal all wants dangit
ya but, please compare the dollar amount sold to the dollar amount bought and see if his net dollar investment went up, down or stayed the same