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I actually didn't get one. Just kind of messing with my bestie catmandoo.
I do have commons, but must not have enough to warrant the email from an advisor.
Yeah, I got the same email and called them up. They talked me into the cancellation insurance.
If you consider a traitor to be anyone who believes the warrants are the main incentive push for 'Fannie Mae (FNMA)' admin reform, then there are no friends left in a position to help that the administration or congress would listen to.
Nice work CBS. Not as effective as dropping the flyers over the Raiders game, I loved that one. But nice work nonetheless.
I agree here. This is the most realistic plan by a wide margin.
I'm only seeing red ahead for the commons. But what else is new?
For those who understand capital structure, they would realize that the opposite of what you are saying is the truth.
Yes, I see that continuing today. Been going on the last several months.
haha, ok. I can be easily swayed today...
Ah, what? Come again? Ackman's your boy, support him!
It just did right now while you were typing in that spam. Keep up the great work!
Look for the FNMAS runup. It happens like clockwork whenever the 3 whiffs of wallstreet get their spam on.
Here's the secret pattern for all you CBS fans at home hanging onto his every word. You're welcome.
Preferreds go down, Common go up - "It's the Preferred rotation into the Common"
Preferreds down, Common down - "The rotation into the Common continues..."
Preferreds go up, Common up - "The rotation into the Common continues..."
Preferreds go up, Common down - "The rotation into the Common continues..."
Preferreds even, Common up - "The rotation into the Common continues..."
Preferreds even, Common down - "The rotation into the Common continues..."
Preferreds even, Common even - "The rotation into the Common continues..."
Preferreds up, Common even - "The rotation into the Common continues..."
Preferreds down, Common even - "The rotation into the Common continues..."
Preferreds go up, Common plunge into the abyss - "The rotation into the Common continues..."
lol, sure. Didn't want to give away all the tricks of the trade.
I'd have to agree with both stockprofitter and Catbird on this.
If you happen to value their opinions, then the preferred stocks are most likely not for you.
Yep, road ahead is getting slick.
Time to rotate from the Continentals to the Pirellis
Obama left all 10 pins up. Their names are David, Bob, Mark, Jimbo, Ed, Wells etc...
Trump is rolling a 32 pound ball and is ready to strike.
No time like the present I think. We'll see.
Looks to me like Patty Murray just gave the a big thumbs up to the average Joe plan.
Oh please no. I don't want senate getting spammed with the "preferred Joe" plan.
Yes, Going back 7 years, buying FNMAS over FNMA only yielded 400% more. Just absolutely pathetic return.
Yep, no one has challenged them. If we can't even stop the NWS, good luck stopping the warrants.
It's hot dogs, apple pie, frogbuster and catbirdman. They are bringing us the American dream. Of course it'll hit 1000.
Average Joe Dilly Dilly!
This AIG ruling on the same matter is all you need to know. The precendent has been set that warrants are in play:
http://blogs.reuters.com/alison-frankel/2015/06/16/aig-ruling-how-davis-polk-and-n-y-fed-structured-illegal-aig-takeover/
Whatever his letter says from the SEC is irrelevant and nothing that nobody else doesn't know already. Otherwise, he would post it.
Correct, there are no SEC docs.
Yeah, but which planet?
That letter you showed me from the Southeastern Conference is really cool, but it won’t stand up in a court of law.
And to the chagrin of CBS, common will flock to the safety of the preferred. It’s like a broken record after each one of these dismissals. Makes it hard for the pump and dumpers when there’s no pump to be had.
haha. you're either onto something or on something.
You got it backwards. Each one of these is one more step to receivership. You better pray that congress has more respect for property rights than judges do.
Yes, and most of the smart money is in the preferred shares of Fannie and Freddie.
I'd have to agree with Ruud here. 9 years, with two of them being a self imposed deadline mean that the time for congressional reform has come and gone.
There will be admin reform in 2018 and it will have involved input from all stakeholders.
And I'm a big fan of shareholder rights, but it won't be an Average Joeyian type of plan.
That plan is preposterous. It's become the laughing stock of reform plans.
That’s more realistic than the average Joe plan. I’ll give you that. But it’s just not viable either. Besides, the cfljmljfl plan just doesn’t roll off the tongue.
go ask Catmandu. I was just responding to him.
Everything you said is 100% correct jog. They have been temporarily nationalized. Without the overhang of the lawsuits, Corker and his Obama buddies would have found a way to make that nationalization permanent.
These cases actually helped the common more. Without them, this would be all over by now and Fannie and Freddie would have been nationalized.
But hey, I’m talking to a guy who thought retained portfolios could be used to recapitalize, so carry on. Lol.
Wow, you're just a real life average Joe, aren't you? Amazing.