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.
No news until there is news. So purgatory continues.
Rop ruling.
Lamberth ruling.
Scotus accepting cases.
Etc.
Something real.
Without something real; nobody cares and pps remains.
People got tired of hope and don't care to follow the boy who cried wolf. Until the boy is eaten, the villagers will remain go on with their lives.
JMO
P.s.
Later Yellen. You were doing such great work for our release and monetizing/stealing more from us. Even though you didn't mention us ever, you probably tried your best. Hey, you're still a winner in my book.
Love,
Sarcasm
Day 111 since Rop. Where art thou?
I'm 100 % that I make profits while still alive and that it was worth it.
What I don't know is when and how much.
JMO
Thanks.
Yeah, but what is your take on Rop. 109 days counting today. Over 3 1/2 months. Like to know your thought on potential release of ruling. Soon? Before, during, or after Lamberth?
Thanks
What case is that filing from?
I saw 6/22/22 at the bottom of the page,
But
Rop was 6/09/22. 109 days counting today.
Thanks
Counting today. It's been 109 days.
Wtf
Commons will most likely outperform jp. Sad but true.
A little less is still a win.
A tie is a win.
A little more is a win.
A lot more is a win.
Considering the risk that was involved at one point for commons that has lessened greatly over the years. The big reward for that big risk is approaching with good odds. Contrary to what you hear. Do your own research, but I'm optimistic.
Thinking:
Senior conversion?
Jp conversion?
Large cap raise?
No one getting in trouble from conspirators?
Ending all litigation?
Happening very soon?
So Commons get wiped out?
BUT STILL EXPECTING A WIN ON ROP AND LAMBERTH WITH DAMAGES?!!!!
Give me a break.
Commons will do plenty fine. Just a waiting game is all.
JMO, but a really really well formed opinion.
30x - 40x sp gone, gov paid, but warrants & cap raise
150x - 200x no sp, no warrants, but cap raise
See where I'm going with this?
No one should be offended by this speculation.
Envious? Yes.
Offended? No.
JMO Goodnight.
If that's the case, as long as a legal victory is achieved that brings real positive change to our situation, I won't mind.
Sad, that judges need a cover because of optics.
Interesting thought. Thanks for your time responding.
JMO
Thanks for response. Your thought makes sense. So many times, it seems, where plaintiffs made their way to court and some "technicality" tripped them up.
The lawyers have been doing well for themselves over the years.
Thanks again
JMO
JP will get par. Great return on investment. Safe. That's good.
But
Commons will succeed as well, maybe less of a return or maybe much more of a return than jp. So, in going for the greater return with commons you risk getting less of a return.
It's not rocket science nor is it foolish. Commons were a lot riskier the further back in time you go, but things have changed and there is no denying that the risk has lessened over the years. It's speculation. That's all.
And the benefit of getting a larger payday on Commons is well deserved for assuming all that risk for the past decade and a half. When people thought it was garbage and maybe still do, I was invested. So my reward for my risk and faith in justice for the companies owning common shares will be that great return.
Don't hate me. Just congratulate me. As I cheer for you as well.
Let's Fn Go!
Remain calm.
It's......
JMO
Is Rop holding a release of opinion for Lamberth?
Is Rop waiting til closer to Lamberth trial?
In the middle of trial?
Or after Lamberth ruling?
And what would be the motivation behind that move, if that is what they might be doing?
Thanks
How's everyone doing? Good?
Soon to be great. IMO, of course.
I meant
Sp/Lp to be considered paid in full and written down to zero.
So no need for a conversion because no lp value would exist on senior shares.
And
$27B+ (est) be returned as overpayment beyond 10%( original term loan shark rate) to FnF toward recap putting us closer to cap requirements.
*Similar to a tax refund when filing. If you overpaid then irs sends you the overpayment. In our case we overpaid/ they over stole money and we are owed the excess.
Warrants and cap requirement are other issues, but my post was mainly focused on sp/lp write down as paid and overpayment returned. We'd be at $125B in the green (with $27B returned) at the end of this year and Jp would resume their place at the top of cap stack. We can fight the warrants and cap requirements another day, but for now, Rop, Lamberth, etc are focused and looking favorable to achieve my speculation above.
Hope that clarifies things.
JMO
Trial or not, if brought back to 10%(loan shark rate), the overage of $27B gets sent back to FNF as retained earnings, and removes the debt of sp/lp.
That's a win. Then Jp get their place back to the top of cap stack and release would be a definite. Plus common would be rid of any sp conversion threats and would be closer to reaching capital goals.
Next up: lower that dang cap rule and warrants can kick rocks.
But, we'll see. Trial or not, the above could be achieved. Deemed paid, return overpayment, and as punishment throw warrants in the trash.
JMO
Yes, agreed. It would be wrong to deplete money from our companies for something the fhfa and treasury cooked up. Hopefully someone with power and influence understands this concept; that stealing from the companies that were stolen from is wrong because you are stealing from our right pocket and putting it in our left pocket and calling it square.
We'll see what these next few weeks bring.
Thanks for responding
JMO
In plain English as if we are 10 years old.
What the heck happened?
It seems we ARE going to trial, BUT what exactly happened with the damages model?
What now?
What possible relief could we still get with a win in court?
Damages?
Nws unwind and back to 10%?
Thanks for any clarification.
Added more FMCC. Thanks for the deal.
Whole market was down big.
So drop in pps is nothing.
I didn't see Lamberth filing when I purchased. I saw the price down a few pennies and thought nothing of it.
Which means there was no reaction to the filing.
If filing was bad there would be a big drop.
If good then a big pop.
It was kinda blah of a filing and couple with market down and no average person gives a cap to pay attention there wasn't a movement.
Nothing has changed.
If we are going to trial with all that evidence, damages or not, this is still going very well.
Lamberth trial and Rop ruling. Still a big positive for us.
Let's go!
JMO
Hopefully some can better explain. It appeared that way to me. I hope I'm wrong, but if treasury isn't a defendant then how can money be retrieved from them to whom it was sent?
Anyone reads this, please chime in to explain and clarify if I am mistaken.
Thanks
Very plausible Guido. You may be on to something. It's starting to make more sense.
So now we are foolish and crazy. Leave your trash talk to twitter. You offer no value here. Just insults. Your posts pump jp and trash common. How do your posts remain while others are immediately removed? It is appalling
Not an opinion.
With Rop victory, shouldn't we get a return of overpayment?
Treasury is the defendant in that case. Along with fhfa.
Since Demarco had no authority to sign the 3rd amendment, since he was over two year limit, it reverts back to 10%(loan shark rate). So overpayment of $27B+ return.
So Lamberth gets us money from ourselves (FnF). From FnF piggy bank.
But...
ROP gets us money from Treasury and sends it back to FnF piggy bank.
Alright, alright, alright!
P.s.
We're owed $110B+ overpayment, but that is another issue at a different time. For now, this is where we are at. Let's go!
JMO
Yeah, but if treasury isn't involved then fhfa can't just take it from treasury.
They can, as we know, take our money.
Again someone here can help with this, but I am fairly certain that a lamberth win with damages awarded ends up with fhfa taking Fannie and Freddie money to pay with.
It is how I understood it to be.
Fannie, Freddie, FHFA are the defendants in Lamberth
So if we (shareholders) win then money comes from our own bank account (retained earnings).
Unless FHFA has their own savings account.
But treasury isn't a defendant.
So maybe someone can confirm my statement.
I hope I am wrong, but sadly I don't think so.
Hell yeah I did. WOWZER!
That comes from FnF.
I ALSO want the money Treasury owes us. Fhfa gave it away and I want it back.
Money was stolen from us and they want to pay the shareholders with the shareholders money. So they stole and gave to Treasury. Then are going to be ordered to pay. So they will steal again to pay shareholder damages.
Fhfa owes us. Treasury owes us.
Whatever has to be done. Let's get it done.
Agencies need to be held to account. Fhfa losing, but using gse money to pay the damage? This stinks. What a cushy job. Doesn't FnF also fund FHFA? BASTARDS!
ROP, LAMBERTH! Let's go!
JMO
Yes and no to the question of fair enough.
Yes because we are owed money and have waited a long time.
No because treasury not paying wouldn't be fair.
I am not saying to not get money from LAMBERTH.
I AM saying there is ALSO stolen money sitting with Treasury that should be pursued.
I'm looking for BOTH victories.
Here's to Rop, Lamberth, etc. Never letting up.
Holding til the end.
JMO
Damages would be great in Lamberth case,
BUT it would be from our own companies. We would still need another case where treasury is a defendant to take back the money from the actual group who took it.
FnF didn't take it. FHFA was/ is in charge. Fhfa gave it away.
Fhfa (govt) gave it to treasury (govt)
Treasury has it and we need it back from treasury.
Lamberth is one battle, but people should not forget we are coming for treasury as well.
Just saying.
JMO
Itemized in Ano tweet:
Click link look at picture.
The story is correct, @MarcRuby @business did his DD 👍
— Ano (@Ano3020100) September 21, 2022
The $27B (13-1288 RE: Fannie)(Fairholme opted out) is only pocket change compared with Rop, Wazee, Bhatti, and Collins, claiming a lack of constitutional authority, as the POTUS is not independent but executive per the SOP pic.twitter.com/eXDwpV4s8X
Pagliara should speak truth and positivity
Or
Shut up.
JMO
Yeah, and guess who can control big companies. Much easier to influence huge corporations and umbrella companies which can control society because they employ everyone and sell everything to society. So the big companies control society and gov can control the companies.
Much easier that way than controlling mom and pop.
Sad. This is what happens when people always looking for a deal rather supporting local community. When people rather be employed and make someone else money instead of working harder to be your own boss and make money for yourself. Gov uses a crisis to fast track it in that direction. Now people are dependent on that system and lost a lot of power. With less of a voice in the country.
The c-ship going on for this long is proof of this. No one will listen to the average Joe because he has a small voice. They don't care to listen to you and very few people are loud and important enough to speak up. Most of them are part of the problem. Being dependent on the gov has long been incentivised. With handouts, empty promises, and cheap deals. But in exchange society lost it's influence. It's up to the minority of average Joe citizens who didn't sell out or lose sight of what is important.
So that is where we are at. Small guy relentlessly battling. David v Goliath. Keep going at the gov until victory is achieved. This is our only course of action; to never give up.
FNMA FMCC Common / J. Preferred
LFG
The end is nearing.
JMO, of course
We're over due then.
Hasn't it been 100 days? Since June 9th.
Unless I'm mistaken. In which case, my bad.
So judges don't want to be the first and set a precedent. They overthink when it is simple. If it seems hard they kick the can.
Hopefully rop and lamberth are revealed before any foolish rulings/ opinions are released. So then they can have some guidance and hide behind another judge's robe.
Thanks for the long read. I wish the judge wasn't so lacking in financial knowledge. He seemed overwhelmed. Like he played right into gov lawyers to be consoled.
Judge is like "I don't understand, this is tough."
Gov lawyers: " I know right, that's what we've been saying. They're crazy judge. Here's some warm milk and a cookie"
Come on Rop. Come on Lamberth. LFG
JMO
Confirmed director was okay to serve while insulated even though it was unconstitutional.
Until court had to step in and correct.
Then catman got fired fast.
So.....
Nws was okay by scotus based on lies, because based on lies it wasn't an overreach in their opinion with bogus HERA language.
Until, IMO, Lamberth or Rop set it straight.
Then, IMO, $$$$$$$$$$$$$$$$$$$$$$$$$.
It is what it is, UNTIL it isn't.
That's what courts are supposed to be for. Setting things straight. We'll see.
Patience is a virtue. And I'm REALLY REALLY VIRTUOUS!
JMO
Great response. It would be great to be there. I wonder if anybody we would know that would be there. Otherwise, we'd be in the dark until the verdict. As usual, in the dark.
That's a shame. Finally get this stage to present evidence and be heard for more than 30 minutes and we can't hear or see unless we attend in person with limited seating. What a joke.
Thanks.
I'm not the expert.
Wiseman knows full details and answers to those questions. I'm just saying it is a pretty great plan and if government wants to be legitimate about this situation then that is the route. Otherwise a court having to fight them for stolen money is the path.
So government has two options:
1. "Secret Plan"
Or
2. We're coming for you!
JMO
Thanks for responding
I thought it was 2 weeks. I don't know exactly, but there are hours of testimony and deposition from multiple witnesses. It would take much more than 4 days to get through it all.
But, in any case, still way better than 30 minutes to try to make a case with all that evidence worth 10's of billions or 100's of billions of dollars on the line.
Should be good. I'm looking forward to it. LFG.
JMO
Maybe. But the "Secret Plan" does entail sp has been repaid and everything over principal amount be returned used for recap. $110B + toward recap. And no warrants exercised. Not a bad plan. I don't know.all the details, but that is a major component.
Like I said. Whatever gets it done.
JMO
I wish I could be there to see it. Are reporters allowed to record audio or video? Or are we shet out of luck?
Thanks for response. It should be interesting nonetheless.
Yes. Anticipating some good news. I'm ready for whatever.
Thanks for responding