removed FNMA
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This is called America.
LOL
My TD ameritrade and Suretrader both frozen...What is happening?
Why the volume is so low? Weird.
Freddie has used its differed tax income in this quarter. Fannie used it for the first quarter. At that time Fannie posted $58B profit. Now its Freddie's turn.
I sold my FNMAS and bought more FNMA
Lol
Yahoo finance, Google or your broker's news release platform.
Yes, last two earnings release were premarket.
Could not agree more.
Nice.
Hope you be a millionaire by next year.
FnF
You are 100% right my friend.
I was holding those for couple of months. So I took profit. I will try to flip for prefd. Holding lots of commons: both FnF. The prefd gained even though the common could not immediately after the last earning. But we saw different scenario after the Q1 earning. The big run to $5.44 started after few days from Q1. But the common went down after the Q2. Probably Obama's speech in Arizona had a negative impact on that. This time I am expecting a $10 move for the common after Q3.
Good luck to all longs.
I do. Today I sold 3/4 th of it. Sold @7.52...holding the rest.
Then her bill is destined to end up in trash can like the other bills.
Go FnF
Is market close on Monday?
Go 8.5
Who cares what Motley Fool (the self proclaimed fool, probably the real fool) or Seeking Alpha Bita Gama Theta .....said...
Those are their own opinion and speculation..Most of the time, they are wrong..And all the time they have their own agenda to write and publish those unsubstantiated facts and/or opinions.
Bottom line is: Fannie and Freddie are not going any where. No one is able to shut them down. Even the president cannot do it.
Nothing can replace it. They are our system. There is only one scenario that can shut them down: If and only if, people are no longer living in their house....This is not possible. Thus FnF will continue.
Yes, the pps will hit $3. We dont know when. It will hit $10. But that might be unsustainable if they are in conservatorship. It will hit $100. If not by 2014, but certainly by 2016.
Good luck to all longs.
This is my opinion only. Not buying/selling recommendation.
Excellent post.
Should be green tomorrow. Every thing happening for FnF is positive except today's pps. Even FNMAS is up substantially.
For ~Fannie
Did you mean money transfer?
You can send money to your a/c by wire transfer or by credit card.
I used both.
In case to transfer money from your suretrader a/c to your bank a/c, you only have wire transfer option. I have not used that yet but expect to do that soon.
I use TD Ameritrade (trade architect), ETRADE and SureTrader 2.0 (the free web platform)..
Suretrader is simply the best.
PAULSON on CNBC.....
well, again, what we had today, this was bipartisan, something -- david axelrod, who has an institute next to mine, the institute of policy and the paulson institute, put on jointly. and we had leaders from both sides. we had chris dodd and barney frank, we had judd gregg. we had larry summers and we had eddy lozier. i think what worked best was the bipartisan support in congress and the way people work together across the administration, the way democrats and republicans work together, the way george bush's leadership, the outgoing president, the tough decisions he made, barack obama and john mccain did -- you know, were supportive. and so that was the positive things. and the capital market stabilization programs that were put in place worked. they worked very, very well. the bank capital program, which led the logical extension of which was the stress test. so, you had policy continuity across administrations. and the obama administration took the capital market stabilization programs and made them work. now, what hasn't been done -- and today we have financial markets that -- modern financial markets that are the best in the world, broadest, deepest, most efficient capital markets in the world. the banks are safer. they're better capitalized, better regulated. leverage is down. leverage is down. all of those kinds of things. now, what hasn't been done -- very importantly we haven't corrected many of the flawed government policies that got us where we are. you know, this was all about housing. and we overstimulated residential housing for many, many years through, i think, a flawed set of policy initiatives that were all designed for a good purpose, to promote homeownership, but had you too much of that. and fannie and freddie were at the vortex of the crisis. as important as anything we did during the crisis to stabilize the markets and to prevent it from getting much worse, was stepping in and putting fannie and fr conservatorship. but that was a time-out, to restructure them, to reform them. and today they're bigger, stronger than ever. and the government in the form of fannie or freddie or the fha is ensuring almost 90% of all residential mortgages. fannie and freddie still ensuring 90% -- not still. more, much more. it's not fannie and freddie. but fannie and freddie and the fha. fannie and freddie, 80%, but much bigger. if the government is subsidizing mortgages, that means the government is setting price and terms, and we're setting ourselves up for other significant problems looking way out into the future. and so we -- what we've talked about that, we talked about a number of things. but to me, the biggest thing that really needs to get done is to get our economy growing again. so that it's growing -- right now the economy is growing. that's a plus. but it needs to grow faster. it needs to be more competitive if we're going to create the kinds of jobs we need. and only when we create those jobs and get the economy growing are the american people going to be less polarized. and some of the anger going to dissipate, which again is going to help our political system work better. well, that's really an important point, the anger. here we have a day where you brought together both sides of the aisle. you mentioned some of the people. you've been able to bring democrats and republicans together to talk about what went wrong, what still needs to be done. and yet our leaders in congress and the president today, they don't even talk. how are we going to come up with solutions to grow this economy when they don't even talk? how do you grow an economy? what's most important in getting back to sustained and higher growth levels? well, first of all, the private sector grows the economy. not the government. the private sector. and let's look at the positive. our companies are run much better than they've ever been run. if you look across the corporate sector. and they're outperforming the government. but we need some government policies to let us be more competitive. like what? we need a new tax system. we have a flawed tax system. individual tax system, corporate tax system. we need real serious health care reform to deal with some of the ..............
That's why I posted earlier abt Hensarling
"Kick his @$$."
I intend to write an online petition which will have the title
"Kick Hensarling and Corker 's @$$ to save our middle class."
For ~FANNIE
Kick his @$$
for ~FNMA
Very good work. Thank you.
For ~FNMA
Awesome, your post is like reading an exciting excerpt from a classic novel.....My dear friend, look forward to your next post.
For ~FNMA
Chenzo11, Very insightful post. Thanx.
Excellent post.
It happens all the time when pps moves significantly with volume..This is true for any board, not only for FNMA.
Very nice post, Detearing. Thank you for sharing.
Long live FNMA
Good morning Crawford2012. Very nice post on a very common trading psychology.
Dear Crawford2012:
Just give us a hint of those mysterious series of numbers 4..12..
Is that your pps prediction?
LOL...
Hope $2 remains as a strong support.
FNMA
Nice post Crawford...As always.
Thank you.
I am upset that I had a huge paper loss today. But I am not selling my shares, since even $2.7 was not my target price...LOL
Remember the last run was picked with $5.44 and 250m vol...
Today's volume was big but not even close to 250m.
IMHO, today's drop is just the premonition of the next run..
So, I m holding tight and strong.
FNMA
Everything is my opinion. Not a buying/selling recommendation.
Stock market has nothing to do with IHUB posts.
Very much possible.
Exactly, I am expecting the same.
Go FNMA