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Bye bye $2.39
I concur! Uplisting could happen any time, imo
Funny thing about uplistings is they happen when you least expect it, mostly.
So when The Uplisting comes it's FNM, that's right. Forgot about that old ticker. FNMA-->NYSE-->FNM. I got it now, for the Uplisting that is.
When Fannie Mae is uplisted I believe it will go from FNMA to its old ticker FM--I'm not 100% sure on that tbh but I believe that's the case. Guess we'll find out when news of release comes.
Up through $2.50 on news trickling out mid-day today, imo.
Chartists: FYI today is called the "waiting for Sweeney" pattern. You're welcome
Indeed
Happy bday brother!
TODAY IN HISTORY: The New York Yankees retired Mickey Mantle's uniform No. 7 during "Mickey Mantle Day" at Yankee Stadium - June 8, 1969. It's also one year after Fannie Mae converted to a private corporation (1968) and a year before it went public on New York and Pacific exchanges (1970). Thanks folks I'll be around later for questions. Coffee and doughnuts in the back. June 8th, what a great day in history.
BREAKING: Carney is really Paul Giamatti preparing for a new role. lol
Whole lotta legalese going on---6 to 9 weeks customary and reasonable. We could easily here back this week, however, imo. Most likely after market close, also imo.
*6 to 9 weeks
I see you found the "end of summer report." Cheers!
You missed "unsubstantiated bologna" somewhere back there. Lol
Just wait my friend, just wait... $FNMA $FMCC
100% agree!---> "ONLY RELIEF for SHAREHOLDERS is THE COURTS !!!"
Agree to disagree Wally ; )
Don't get me wrong I appreciate your content here. However, there's a fine line between posting "bad" articles and perpetuating a lie(s).
Heading to $7-$9 territory with forthcoming news from courts. WEEK 8 baby!! JMHO
Navy, you and I were both around when the NMRC plan was first rolled out, and you know as well as I do it sure as $hit wasn't March of this year. Curious about your motivation to post an article from an organization (the Warren group) with a clear agenda and really no better than our editorial buds at wsj. I'm not here to discuss politics but you shouldn't let political leanings muddle the truth around FnF, just sayin. Aren't you long?
$hit a Clinton aide even stated that Hillary won't address GSE reform for at least first 18 months in office, which we all know means 36 months. And even if she does address it, Hillary--like Bill--is pro FnF!!! Not saying she'll even win, plus IDC! Google it I'm out. $FNMA $FMCC
Gracias
I'm truly baffled about the ongoing focus on the election on this board.Trump, Clinton, Bernie, who cares? Congress won't/can't act on this---that's not even debatable.This will continue to play out in the courts until sweep is reveresed and eventual release realized. As mikeusA I think mentioned we are in week 8, aka the real start coming. And a whole bunch of other good $hit. Lol. Out. Green Monday is a foregone conclusion, imo.
Fannie Mae CEO Tim Mayopoulos providing some perspective: "Since the start of 2009, we have financed approximately 6 million home purchases, 14 million refinancings, and 3 million rental apartments. These numbers are so large that they can be difficult to truly appreciate, so let me offer this for perspective: As you drive through your neighborhood, or any typical neighborhood in any part of the country, about one out of every three single-family homes you see was likely purchased or refinanced with Fannie Mae financing."
Those pps estimates sounding a little more realistic huh?
*Published by Fannie Mae in Q1 2016
Link: http://www.fanniemae.com/portal/about-us/company-overview/our-progress.html
You know what the difference is? SKIN IN THE GAME BABY. Victory favors the prepared. That's why we're winning in court.
The irony here is that a whole host of people posting on this board are 1000X more informed about GSEs and housing finance system than 99% of congress. Anyone ever actually watch a session in which they attempt to debate it? Hilarious.Truly, no exaggeration, it's comical.
Great prezo. Should be required reading. Someone should sticky that bad boy
Good Lord the NMRC talk track again? Lol. Let me clear up blatant lie #1: IT WASNT RELEASED IN MARCH IT WAS RECYCLED IN MARCH. This is the same plan that failed when sperling was advisor to Obama admin, which has 100% abandoned GSE reform. This recycled BS/fake news comes to you via our best buds over at wsj (in March) and now the bankster collective--they are a desperate bunch at the moment, clearly. Further, Clinton recently released a housing policy statement that focuses on increasing homeownership for minorities. And what entities do we need around to support that effort? FANNIE AND FREDDIE. Gotta read the labels folks. Gotta read the labels. Fake a$$ bs news bs. Unreal
Monday's theme song: https://open.spotify.com/track/3FzBRKgDtjtv0Xu0diOzib
"...because if it is undone in its entirety as if it never existed, the GSEs would instantly be recapitalized..." And that day soon folks. IMHO.
Path of least resistance in the immediate term is ending the sweep, imo. When that happens? Let's just say the twins will look good in double digits. JMHO. Those of us that were around remember the massive runup in recent years on much, much less. Let's not forget Fannie's new $38M-per-year HQ being built as I type this---you don't enter into that type of long-term agreement with an uncertain future, imo.
Look at sites like Mokley Stool for example. BIASED. wsj. BIASED. Influence aside, you get both sides here and can form an understanding based on an incredibly wide and varied range of resources. From an investment perspective, that's invaluable. That's it I'm done.
Lol (dammit risky)
NYU and many other prominent universities and business schools have done studies on this---if you think the number of followers on here equates influence you really don't have the first clue. But, you know, pearls before swine and so forth. AND NOW BACK TO OUR REGULARLY SCHEDULED PROGRAMMING : )
And frankly this board is an INCREDIBLE resource if you know where to look and who to pay attention to. Just my opinion!
It's not the followers it's the reads and the board's optimization. 22k reads last 24 hours is massive---that number is really 10/20/30X if not more (in just 24 hours mind you) when knowledge is disseminated across other social media channels/word of mouth, etc--the "dark figure" of influence, if you will. WHY DO YOU THINK WSJ IS HARD AT WORK THEY WANT TO INFLUENCE PUBLIC OPINION. If you research ANY stock on google (where TF you think people start their research? In the newspaper? Lol) and have more than 2 brain cells you'll land here. If you do no DD and plunge money into something you are by definition a newb and more than likely soon to be separated from your $$$. An increase in the frequency of activity on here speaks volumes. Ignore shorty 1 and shorty 2 down there please. Everyone ultimately has an agenda, one way or another.
YUGE!!!! $FNMA $FMCC cmonnnnnnnn Monday
Yup. And WSJ opinion is just that. Opinion stacked upon opinion with a base of conjecture, nothing more.