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I have found that when a (FNMA) board
sits around hoping for favorable results from
a court case other than (FNMA) there is something
fundamentally wrong with the stock. If said case
was expected to have favorable results the stock
would be going up. (Buy the rumor sell the news).
But that's not the case here. Case results will
have no little or no effect on (FNMA) pps if it is good.
Bad on the other hand will help send pps down further
because it was already headed that way after disastrous
letter results.
How did that (FNMA) letter thing work out?
Not very good. Turns out the USG's have not paid back
a dime towards the money they were given. Imagine that.
Next fantasy. Trial news coming out but same result
expected.Another huge disappointment. Shareholders
face brutal reality that there is no
hope just scheduled FNF 2018 shutdown.
When there is a lack of (FNMA) interest
the pps is certainty to refrect it. This week will
surely have downward pressure as many anticipate outcome
of other trial that some see could impact the USG'S. Others
say it wont and I am in that camp. The governments position
in the FNF case is stronger and will definitely hold up
in court. Sure if there is a favorable verdict in the
other case there could be a pop however that decision
would be appealed and(FNMA)stock will drop back to
where it is now and good chance below.
Don't poke the bear
All these (FNMA)inquiries and lawsuits are starting to
tick off the USG. What is failed to be realized here is
that the USG's are their property exclusively. USG
gets all the profits because they own the companies.
Ex share holders are just a formality that hasn't been
addressed yet. Even if some sort of frivolous
lawsuit was won it would be years before any kind
of settlement was reached. By then shares of FNF
will be a distant memory.
I'M WITH FRANKEL
AVOID (FNMA) AT ALL COSTS!
Highly respected stock reporter with major publication
and credentials speaks the (FNMA) truth.
"Chances are very good not only that common shareholders will never see huge profits, but also that they'll get wiped out entirely."
Matt Frankel
Education And Work Information
School(s) Attended
University of South Carolina (B.S.) Nova Southeastern University (M.S.)
Job Title
Financials Specialist
Company / Organization
The Motley Fool
Former Jobs
High school math teacher
You could imagine that the USG
attorneys bullet proofed their investment stance seven
ways from Sunday before it was announced. That being said
it will be next to impossible for (FNMA) investors
coping a grieving already with such a loss to their
cause to regain any sort of momentum after receiving
this financial deathblow.
The (FNMA) pen is mightier than the sword
The truth is out. No loan made so lets stop with the
overpaid 40 billion nonsense. Obama knows what he is doing
so realize the truth. Huge risk taken by
the USG and they won. TO THE VICTOR GO THE SPOILS!
No one like a sour loser.
Which GSE will be shut down first
in 2018 by the USG as planned? My bet is (FMCC)
being the smaller of the two. Once they get
the bugs out of the wind down of Freddie they
can start working on Fannie the larger of the two.
(FNMA) expected to derail after Old
Fuddy Duddy's letter gets slammed by treasury.
Mr Duddy told to pound sand and look somewhere
else for moronic answers to his ridicules
questions. All this while Fictional Commander
lays out a deceiving spin on the case while
PPS takes a well deserved nose dive back to
2.30 a share were it belongs.
Nervous investors are starting to
congregate around exits. Highly anticipated response
deadline to (FNMA)letter has come and gone leaving
anxious (FNMA) investors undecided when to sell. The rush
to exit has not yet begun but plenty of investors have
grouped near them ready to sell at the first hint of
bad news which could come in many different forms.
I'm with President Obama
He has made great progress straightening out the
giant mess left by his 43 predecessors. (FNMA) is a huge
liability for the taxpayers of the United States and
this great man has spoken. He favors wind down. He will
use all GSE's profits as he see's fit for the needy and
other programs. He is not interested in lining the pockets
of greedy (FNMA) investors out to make a quick buck. If
a third term was available and I could vote I would
back President Obama.
Good find sailor boy but what does this
have to do with the price of tea in China or
(FNMA)? Are you inferring that somehow has anything
to do with Fannie Mae? Sounds to me like someone is
Grassleying at straws.
Gee no letter today .Imagine that
No (FNMA) letter today. No letter tomorrow. No letter
this week. MR GRASSLEY MR GRASSLEY WHERES MY (FNMA)
LETTER! PPS will plunge as dreamers realize the cold
harsh reality no letter for them. Letter in trash.
Lots of nervous investors out tonight
Trying to comfort each other rallying around some
questions on a letter while ignoring the inevitable
(FNMA) PPS plunge-a-roo that is lurking right around
the corner. Hopeful shareholders are still avoiding
the reality of GSE shutdown in 2018
Disappointing week ahead for Fannie investors
Anxious investors full of wishfulness will be checking
mail box on Monday for a letter that I'm afraid will
never come. As Monday comes and goes with no letter nervous
investors will watch(FNMA)pps again start to feel downward
pressure. As the days go by anxiety will turn into internet
fist pounding demanding answers to a letter that was
probably sent uncertified and wound up in the trash.
Who you going to listen to a top notch
finance expert or (FNMA) armchair stock picker?
John Carney is well-known both on Wall Street and in the financial media, with a presence spanning TV, print, and online.
John began his career in journalism at DealBreaker, the irreverent blog covering the culture and personalities of Wall Street. He went from there to be managing editor of Clusterstock, part of Business Insider. In addition, John has over the years written for the Wall Street Journal, the New York Times, Fortune, and New York magazine, among others.
"Recapitalizing the GSEs is a “bad deal” for taxpayers." Carney
is an expert and there is no arguing this point.
"Fannie Mae and Freddie Mac can’t rebuild capital." Once again
no rebuttal worth mentioning.
"Allowing them to rebuild capital is allowing them to come back to life without addressing the flaws that previously existed"
I am with Carney!
" The sweep protects the taxpayer more than allowing Fannie and Freddie to rebuild capital." Says stock expert.
It might be about time to re-examine (FNMA) position after
this current analysis from a well respected stock expert.
(FNMA) PPS EXPECTED TO STRUGGLE FRIDAY
Two days up is all she gets on this one folks.
Same old story up to fast and down she goes as
shorts dog pile on inflated pps. Add profit takers
and those smart enough not to hold such a risky
stock over the weekend will have Fannie hovering
around 2.53 by closing bell.
SEE YOUR (FNMA)FUTURE BE YOUR(FNMA)FUTURE
Read em and weep. Fannie's run is over. Golden boy old
geezer expecting to save shareholders with promising letter
throws shareholders under buss instead. Current pps is
over priced by 2.57 and long overdue correction is coming
sooner than you think.
http://finance.yahoo.com/q;_ylc=X1MDMjE0MjQ3ODk0OARfcgMyBGZyA3VoM19maW5hbmNlX3dlYgRmcjIDc2EtZ3AEZ3ByaWQDBG5fZ3BzAzEwBG9yaWdpbgNmaW5hbmNlLnlhaG9vLmNvbQRwb3MDMQRwcXN0cgMEcXVlcnkDRk5NQS5PQiwEc2FjAzEEc2FvAzE-?p=http%3A%2F%2Ffinance.yahoo.com%2Fq%3Fs%3DFNMA.OB%26ql%3D0&fr=uh3_finance_web&uhb=uh3_finance_vert&s=FNMA.OB
BRADFORDS MOVING THE PPS?
Sailor boy is driving a cab? Habitual(FNMA)flipper is
relived other (FNMA) flippers are not flipping?
What year is this? Well it 's not 2018 yet cause
(FNMA) bid is not at zero yet.
I didn't realize they offered remedial classes
at night. While there if finance is offered ask any
professor ( that is if they have one) should an individual
invest in a (FNMA)stock that trades on pink sheets, is
in conservatorship, has all its(FNMA) profits swept by the USG
and has been delisted from the big board is a wise
investment.
Yes and there is a very good reason
for that. Speculation that if any type of FNF shares
receive any compensation before shutdown those will be
the ones. Bottom of the barrel common shares for buyers
after 2008 will see their shares with a zero bid next
to it. Pre 2008 commons may see fair established value
at .25 cents per. Tweet that!
5 reasons why the(FNMA) Wynn party will never happen
1. (FNMA) will never hit 5 bucks again
2. (FNMA) will be shut down before it could hit 5 bucks
3. Most investors reading this will have long given up by then
4. See number 2
5. Investors will be working second job to make up for (FNMA) loss
and have no time to travel
BIG WINDS COME FROM EMPTY (FNMA) CAVES
Wow that is great news. Win what a toaster? Who you gonna
believe slick suit and hair cut wall street shill or
The President of The United States? (FNMA) is scheduled to
be shut down in 2018. Tweet that!
Expected answers to tough (FNMA) letter
“Accordingly, please provide the following:
“1. Has the President personally invoked executive privilege over documents related to the Fannie Mae, Freddie Mac and Treasury Third Amendment agreement? If so, when? If not, why are DOJ attorneys citing that privilege as a reason to withhold those documents?”
Response: I don’t want to hold you up so feel free to ask someone else.
“2. Does the Third Amendment cause a breach of any of FHFA’s statutory duties to ensure that each regulated entity operates in a safe and sound manner? Please explain.
Response: I’ll do it if you do my grocery shopping for a year
“3. During the negotiation of the Third Amendment between Treasury and FHFA, did DOJ communicate with any of the entities involved regarding its legality? If so, please describe those communications in detail.
Response: It’s not part of my agenda for today (or this week, or this month, or this lifetime.
“4. Under what legal authority was the Third Amendment authorized?
Response: Fax me about it when I’m on vacation.
“5. Prior to litigation, did DOJ discuss with Treasury and/or FHFA the need to assert privileges, including executive privilege, over certain documents?”
Response: Listen, I have to get going but thanks for asking.
MR GRASSLEY! MR GRASSLEY !
Is the (FNMA) pen mightier than the sword. Isnt this
Grassley character a day late and a (FNMA) dollar short?
Cant put the (FNMA) profits back in or stop them from
coming out the toothpaste tube. Clock is ticking on
2018 shutdown an I'm afraid all this is is a Hail Mary
Pass! Tic tock!
This (FNMA) land is your land. This
(FNMA) land is my land. This (FNMA) land was made for
you and me! EVERYBODY SING! Thanks for the advice
however I plan on using my Fannie Mae short profit
(guaranteed by 2018) to fund my return.
Lets look at the (FNMA) bright side
In 2018 when the USG shuts down the GSE's there
is still a glimmer of hope that investors pre 2008
could possibly receive already established fair value
of .25 cents per share. Investors after that date will
of course be out of luck.
I wouldn't get too excited about
(FMCC) letter that is being sent and market agrees.
Last time I checked (FMCC) was down. Letter has a good
chance of just being ignored in the first place. USG
has plans for all the GSE's profits for quite awhile.
No plans mentioned at all of release from conservatorship
other than from some hopeful investors.
LAZY (FNMA)LETTER WILL DO NOTHING
If there really is a (FNMA) letter at all? Was it sent
certified? What is the penalty for not responding by the 20th?
Answer:NONE! Letter will be ignored and too bad. In my
country you have a problem you go get in their face not
send some dopey letter.
Simply sending a letter won’t be enough
As is evident in todays trading. Back to(FNMA) reality
folks and the reality is not good. Fannie has had her
little run and this one is over. Not 3 dollars by end of
week like some have predicted and even less chance of
7 by the end of the month. End of the month $2.30 pps.
Mark this post.
Avoid buying the (FNMA) bubble
And (FNMA) is on the top of that bubble and
it is about to burst leaving new buyers with shares
that will be worth less value then they are
trading today. No real reason for current pps increase
other than a bunch of words on a letter.
I'M WITH CARNEY (FNMA) SHAREHOLDERS
are grasping at straws according to well
respected WSJ reporter in association with a flimsy letter
that has been apparently written regarding FNF. This stock
reporter has an impressive record of working with the
most prestigious media firms covering Wall Street news.
Today's gain will be short lived as more and more
people read John's revealing the unimportance of this
flimsy letter.
He sent a (FNMA)letter. Big deal
Junk mail will end up in the trash with the rest of
them. And who's this Grassley character anyway. Name
sounds made up. No dem is going to take someone serious
with a name like that. Back to to the drawing board.
GO GET-EM RISKY !
Solid (FNMA) one two punch reality. I echo your
sentiment and will add no end of profit sweep and
frivolous lawsuits have no merit. Anyone else waking up?
Have you ever heard of (FNMA)eminent domain?
Eminent Domain is the principle by which private property may be taken by the government for public use, in exchange for paying the property owner for it. Which compensation in this case fair
(FNMA) value has been established at .25 cents per share so
I guess there will be so compensation to share holders.
DONT COUNT YOUR (FNMA) CHICKENS BEFORE
They hatch. Lots of talk about 3 dollars and
other delusional numbers out there floating around
but its just that talk. Even board veterans are
highly skeptical about any pps increase for good reason.
Gains never hold with (FNMA) and that's a fact Jack.
(FNMA) will never hit 3 bucks again
Last time I checked good stocks go up in value. Not (FNMA).
Last year at this time pps was 3.92. What happened. Delusional
investors are still cheer leading yet pps is plummeting. But
some know it alls say Z system says buy. I say sell so who's
right again and been right all year?
The (FNMA) story sounds good
Recap,relist unfortunately that scenario is too ambitious
of a plan for a company that the USG has stated will be going
out of business in 2018. This is how it will play out and few
experts disagree. Fannies capital reserves will go below
required level needing additional cash infusion from USG.
USG will then put Fannie in receivership and current stock
becomes worthless.
System says buy I say sell.
Is it true that (FNMA)
once traded for over $50 per share. The answer is yes.But those days are not coming back now or ever. Back then (FNMA) paid a
dividend as well but now the dividend will go to the USG until
FNF are wound down for good. Also keep in mind that FNF have to date
paid back over the amount to bail them out from bad loans over
20% but not one dime of that 40 Billion has gone towards the
principle it is all in the form of a dividend. It is like a interest
free loan where not one cent goes to the principle.
If you are new here and are being talked into purchasing shares do
your own research. I am however a well respected and knowledgeable poster on this board known for straight talking tell it as it is FNF facts.
How many are (FNMA) planning on
roping friends and family in this weekend pitching what
a great investment (FNMA) is? If you do don't forget to
leave out the (FNMA) facts. FACTS:
Conservatorship status with no end in sight
Total profit sweep no and for quite awhile still
USG wants wind down by 2018
Frivolous lawsuits have little merit or chance of success