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HE REALLY KNOWS HOW TO PICK EM
HACKMAN IS GETTING CREAMED ON HIS HLF SHORT AND IS LONG (FNMA) I
EXPECT HIS (FNMA) PICK TO TURN SOUTH AS WELL. NICE FANCY SUIT WALL
STREET TYPE IS NOT DOING WELL. PRO STOCK SPECULATOR. HILARIOUS!
(FNMA) STOCK QUESTIONS AND ANSWERS (CLICK HERE)
QUESTION: WILL SHAREHOLDERS RECEIVE ANY PROFIT FROM FANNIES
2ND QUARTER PROFITS IF ANY?
ANSWER: NO. THE USG WILL DO A TOTAL PROFIT SWEEP. SHAREHOLDERS GET NOTHING.
QUESTION: ARE THERE ANY CURRENT PLANS TO REMOVE FANNIE MAE FROM
CONSERVATORSHIP STATUS?
ANSWER: NO. THE USG HAS NO PLANS OR AUNONCEMENTS WHEN CONSERVATORSHIP
STATUS MIGHT END.
QUESTION:ARE THERE ANY PLANS TO RETURN FANNIE MAE SHARES TO TRADE
ON THE NEW YORK STOCK EXCHANGE?
ANSWER: NO. FANNIE MAE SHARES CURRENTLY TRADE (OTC) ON THE PINK
SHEETS WHICH CARRY A GREAT DEAL OF RISK.
THREE REASONS FANNIE MAE IS DOOMED (FNMA)
1.About 4% (or 1.1 million) of Fannie and Freddie's mortgages are currently in some stage of delinquency.About half of these are seriously (90 or more days) delinquent and a good portion of these will likely end up in foreclosure.
2.There is no doubt in anybody’s mind that there has been a significant drop-off in conventional lending to people of color, and that it’s an issue we can and should address.
During the housing bubble, even creditworthy minorities were disproportionately steered into subprime loans by unscrupulous lenders.
3.If Fannie and Freddie are kept alive, there is a good chance the lawsuits will fail and this will easily go the other way leaving shareholders with nothing.
PRESTIGIOUS ANNALIST THROWS FANNIE UNDER THE BUSS
“We remain skeptical that Fairholme will win its argument that the government has illegally seized the plaintiff’s private property (i.e., dividends).”
SORRY FOLKS MORE RED DAYS AHEAD
(FNMA) OVERPRICED BY 4 DOLLARS PER SHARE
WE WILL BE GETTING BACK TO CORRECT PPS SHARE PRICE SOONER THAN
YOU THINK. OTC STOCKS ARE VERY RISKY INVESTMENTS ESPECIALLY THE ONES
THAT HAVE BEEN DE LISTED AND ARE IN CONSERVATORSHIP STATUS.
TOTAL PROFIT SWEEP FROM THE USG THIS NEXT EARNINGS WILL HELP REINFORCE
MY POSITION.
5 DOLLARS PER SHARE(FNMA) IS A DREAM NOT REALITY
PRO TRADERS KNOW THAT 5 BUCKS IS WAY TOO MUCH FOR A OTC STOCK
THAT IS IN CONSEVATORSHIP. 5 BUCKS IS WAY TOO MUCH FOR A STOCK THAT
HAS BEEN DE LISTED FROM THE BIG BOARD. THE BEST OF THE BEST TOP
USG LAWYERS SAY TOTAL PROFIT SWEEP IS LEGITIMATE ACTION SO 5 BUCKS IS
OUT OF THE PICTURE BEFORE DISMANTLEMENT OF GSE'S.
CRAMER DOESN'T RESPOND TO WITH EMAILS FROM
CRACKPOTS. HE ALSO DOESN'T TALK ABOUT DELISTED STOCKS IN
CONSERVATORSHIP STATUS LIKE FANNIE MAE. HE DOES HOWEVER KNOW THAT THE
TOTAL PROFIT SWEEP HAS NO END IN SIGHT AND THE FRIVOLOUS LAWSUITS HAVE
NO MERIT OR CHANCE OF BEING SUCCESSFUL.
GET READY FOR A MAJOR(FNMA) DUMP
FOR TWO REASONS:
1.LOOK AT ONE MONTH CHART. UP TOO FAST TOO SOON
2. MAJOR HEDGE FUND SHILLS HAVE OPPORTUNITY TO PUMP BUT DO NOT
SHILLS WOULD OF PUMPED BUT INSTEAD THEY WILL DUMP. BIG DOWN DAY
BUMMER FOR LONGS FOR REST OF WEEK.
PROTECTIVE ORDER SPELLS BIG TROUBLE FOR (FNMA)SHAREHOLDERS
Abandon ship sailor boy! Shareholders don't stand a chance. The fact that the gov filed and won this is just one more nail on the GSE's coffin. The Judge works for the USG hello? I expect the PPS will plummet the rest of the week as a result of this. Below 4 bucks then three then two and so on.
(FNMA) A RISK NOT WORTH TAKING
IT IS UNTHINKABLE TO INVEST IN THIS WORTHLESS STOCK. WAKE UP TO
BROKERAGE ACCOUNT WITH A BIG FAT ZERO PPS NEXT TO SYMBOL FNMA.
GOVERNMENT CONSERVATORSHIP SINCE 2008 AFTER SUFFERING HEAVY LOSSES.
TREASURY IS STILL INTENT ON DISMANTLING FNF AND COMMANDEERING ALL
PROFITS. OBAMA ADMINISTRATION WANTS THE GSE'S WOUND DOWN SO TOO
BAD FOR SHAREHOLDERS CAUSE THEY GET NOTHING.
FNF POOR LENDING TO MINORITIES IS UNACCEPTABLE
THE FACE OF THE NATION HAS CHANGED AND WE WILL FIGHT TO DISMATLE THE
GSE'S AND START A NEW COMPANY THAT IS FAIR TO ALL.THIS REPORT OF
DISCRIMINATION WILL SEND THE PPS PLUMMETING.
Minorities have been disappearing from the ranks of homebuyers who seek and receive conventional loans backed by Fannie Mae and Freddie Mac.By 2025, minorities will make up almost half of the population between the ages of 24 and 34, when most first-time buyers enter the market.
Advocacy groups are urging the two government-owned mortgage-finance companies to change their underwriting and pricing practices and create new loan products to help bring blacks, Hispanics and other minorities back into the housing market.
There is no doubt in anybody’s mind that there has been a significant drop-off in conventional lending to people of color, and that it’s an issue we can and should address.
During the housing bubble, even creditworthy minorities were disproportionately steered into subprime loans by unscrupulous lenders.
Prime African Americans and Hispanics should be getting Fannie and Freddie loans just like prime white borrowers. At least 40 percent of black applicants seeking loans for home purchases backed by Fannie Mae and Freddie Mac were denied in 2012, compared with 14 percent of whites
FANNIES LAST GASP. PROTECTIVE ORDER WILL BE GRANTED
On the 16th and PPS will plummet. Falling so fast orders will not be
filled until the bottom is reached in the single dollar range. Drops
like the one expected on Wednesday have happened before and they are
brutal with no mercy. The reduction in PPS for FNF over the last
few weeks are a indication to experienced traders the other shoe is
about to drop.
FANNIE LOOKS GOOD IN PINK (FNMA)
Pink sheet that is and is expected to finish off the rest of her days
on the OTC exchange. If there was a chance of uplisting it would of
happened by now and is hasn't cause it wont. Conervatorship status
will remain as well until the company is finally dissolved. Lawsuits
will be deemed frivolous and dismissed.
(FNMA) AND (FMCC) COUNTING DOWN LAST DAYS
I HATE TO TELL YOU THIS BUT:
Fannie Mae (FNMA) and Freddie Mac (FMCC) may be counting last days after a bill to wind down the government-sponsored enterprises (GSEs) and reform the mortgage finance market was proposed Thursday, according to a Delaney, Carney, and Himes press release. The bill proposes market-based pricing for loan guarantees and a different vehicle for mortgage insurance.
The legislation proposed by US House Democrats John Delaney, John Carney, and Jim Hines, known as “The Partnership to Strengthen Homeownership Act,” will create a new insurance program via the Government National Mortgage Association, better known as Ginnie Mae. The new insurance program will transfer the first 5% of losses related to mortgage risk to the private sector and anything over and above that will be shared by both the government and private insurers.
The Partnership to Strengthen Homeownership Act also proposes a standardized securitization platform to issue mortgage-backed securities through Ginnie Mae. The GSE will also have the authority to place lending standards and create stress-testing rules and capital standards for market participants.
According to the proposed bill, Fannie Mae and Freddie Mac will be wound down over the next five years and have their assets spun off to the private sector after repaying government investment. Fannie Mae and Freddie Mac have already paid back all of the taxpayer money they received in 2008-09 ($187 billion), as well as an additional 3%.
ARNOLD GOT A D IN FINANCE AT SOME
CHEESY JERSEY COMMUNITY COLLEGE WHILE I'M SPORTING AN A IN FINANCE
THEORY FROM MIT. MY COLLEGES CHUMS AND I USE TO SIT AROUND AFTER
CLASS AMUSED THAT THE SECURITY (FNMA) STILL EVEN TRADED. WE ALL NEW
THAT TOTAL PROFIT SWEEP BY USG MEANT SHARES ARE WORTH ZERO. WE
CHUCKLED AT THE FACT THE STOCK WAS DE LISTED AND STILL TRADED ON THE
NOTORIOUS OTC EXCHANGE. ADD THAT WITH CONSERVATORSHIP STATUS AND YOU
HAVE A REAL FINANCIAL LOSER.
(FNMA) REVERSE SPLIT HISTORY FOR NEWBIES
FANNIE MAE IS WAY OVER DUE FOR A REVERSE SPLIT. WITH THIS HUGE AMOUNT
OF SHARES OUT THERE A 4:1 WILL MORE THAN LIKELY BE THE SCENARIO AND
IT WILL JUST HAPPEN SOON. YOU WILL CLICK ON THE COMPUTER AND BAM
SPLITEROO. PPS WILL PLUMMET FROM THERE BACK BELOW A BUCK PER SHARE.
Split History FNMA
Date Ratio
01/16/1996 4:1
10/17/1989 3:1
02/22/1972 4:1
THIS WORTHLESS STOCK IS GOING NOWHERE FAST (FNMA)
NOTHING HAS CHANGED SINCE I LEFT AND RETURNED WHAT A JOKE STOCK THIS
IS. BOTH FNF HAVE RUN OUT OF GAS AND ARE READY FOR A MAJOR PLUNGE
READY TO FALL OFF A CLIFF. NOTHING CAN HOLD THIS UP NOW.
WATCH WITH LIKE A DEER IN THE HEADLIGHTS WHEN THE PPS
PLUMMETS BACK BELOW 3 BUCKS.
CASTRO WILL CASTR__TE FREDDIE MAC
and fix Fannie Mae from ever letting shareholders receive one dime
from any potential profits now or ever. Frivolous greedy hedge fund
lawsuits will go nowhere and shareholders will be left holding the
bag. Plenty of other stocks out there to invest in without a target
on their back.
Nice to see Fannie Mae's PPS go up on my
last day of posting for my cousin. Jun Jie will return tomorrow and
its my understanding he did not have a good trip.Anyway I see good things for the future of Fannie Mae and good luck to all.
Arnold
The USG needs the GSE's profit more than ever now
for the humanitarian effort to pay for housing of the Central American
children that are coming in large numbers to the US to escape the poverty and violence in South America. Perhaps FNF shareholders should get behind our President and put their own financial interest aside for now and allow the profit sweeps to continue to help pay for the help these people so desperately need.
Arnold
Low volume means only one thing
The sell off has ended. Forces at be are getting their ducks in a row.
New positive article for the GSE's is in the works as we speak.Huge PPS explosion is in the wings ready to be unleashed without warning.
Jun Jie will be back on Thursday.
Arnold
PPS meltup for Fannie is coming soon.
Looking at the history of Fannie Mae's pps since the crash there have been several violent meltup runs that had 40% plus gains for several days in a row. This has happened several times already with less in favor of the stocks future than the current situation. I am expecting another huge run before the end of this summer.
Arnold
Fannie's PPS should be well over 5 by the
end of this month. It looks to me that they have thrown everything at it and it barely went below 4 dollars. Some good news will bring this thing back up to 5 and beyond.
Also, Jun Jie was due back yesterday but is being detained at the Incheon Airport by the authorities.I am not sure what exactly happened
but it looks like he might be gone for a while.
Arnold
Some good news is due for Fannie Mae
Fannie Mae is overdue for one of those high volume 3-5 day 30-50%
gainer per day situation if my study of this stocks history is correct. There will more than likely be some sort of news catalyst in July 2014 that will cause another major run and a huge spike in PPS.
Arnold
Pressure will mount after earnings to release Fannie
from conservatorship.With all the pressure on the Obama Administration currently with domestic and foreign affairs is seems likely they will want to take the GSE's issues off the plate. With all the other problems looming it makes since they resolve this one first especially after another profit sweep from Q2.
Arnold
Looks like Fannie Mae has turned the corner
Hello all I will be posting again for Jun Jie while he is away. I have
been reading everything I can find on Fannie Mae. I must admit I do not share my cousins enthusiasm with this stock. However looking at the chart and in light of current lawsuits and slow but sure recovery in the housing market it looks like Fannie Mae is ready for a nice pop.
Nice to be back,
Arnold
MY JOB IS DONE HERE FOR NOW (FNMA)
I will soon embark on a well deserved short profit taking getaway.
To give you a bit of a heads up shares of Fannie Mae will continue
head toward the sub three dollar level while I am gone. Frivolous
lawsuits will have little or no effect on PPS. There will be a day or
two with mild gains but when its all said and done FNF shares should
trading close to three bucks by the time I return next week. My
cousin Arnold will be posting in my stead until my return next week.
OMG DOWN SHE GOES AGAIN(FNMA) WHAT HAPPENED?
Answer is simple.Major hedge funds realize way too many un fix-
able problems with the GSE's. Everyone makes mistakes and mis-
calculations of what the USG will pull out of their bag of tricks.
PPS has a long way to go back to .30 where it languished for years.
What has really changed ? Answer: Nothing
Reason for PPS correction:
Conservatorship status with no end in sight
Embarrassing delisting from big board
Total profit sweep from USG forever
THIRD WEEK (FNMA) OF RED. RED ALL WEEK
There is nothing available to hold up FNF share price at this point.
Lawsuits are dead in the water. 2nd Q results will be way lower than
expected putting further downward pressure on pps. No end in sight
of conservatorship status and no possibility of uplist. Total profit
sweep by USG spells red for three weeks in a row.
FRIVOLOUS (FNMA) LAWSUITS WILL GO NOWHERE
One year from now the only thing that will change will be that FNF
are no longer in existence. Sure there will be even more lawsuits but
even if there ever is any shareholder compensation awarded it will be
.001 cents on the dollar.
IT WOULD TAKE 20 YEARS TO RECAPITALIZE (FNMA)
But who really cares by then would have been out of business 17 years
already.
" If Fannie and Freddie were preserved and allowed to build up capital, that transition would take too long, maintaining a market that leaves taxpayers too exposed to losses and that isn’t serving the broad middle class."
Third week in a row in red coming up. Red all week.
LAST NINE DAY CHART LOOKS LIKE A POOL SLIDE
(FNMA) BUT JUST THE FIRST FEW FEET DOWN FROM THE TOP. LOTS MORE ROOM
FOR SHARE PPS TO DROP HERE FOLKS. A FEW MORE WEEKS OF THIS THEN
SPLASHDOWN BACK BELOW A BUCK. 2ND Q EARNINGS WILL BE A BIG
DISAPPOINT BUT BY THE TIME THERE RELEASED PPS WILL BE FLOATING
SUB BUCK LEVEL.
CLOSER TO 3.50 (FNMA) THAN 5.00
What a two weeks this has been. I have been licken my chops watching
my short profits
stack up. The market is saying it no like conservatorship status and
total profit sweep. Frivolous lawsuit will drag out for years while
PPS drips slowly but surly five out of six trading days for quite a
long time back to sub buck where it belongs. OTC stocks are scams and
FNF are no exception.
$2.15 PPS (FNMA) BY 2015
As the battle for FNF winds its way threw the court system share
price will decline as it becomes clearer the USG will dismantle the
GSE's. End of story. Shareholders will eventually be kicked to the
curb with nothing.
I AM LOWERING MY (FNMA) TARGET TO 3.06
After updating my chart from 3.50 pps 3.06 looks like were Fannie will
start to level off and trade sideways again. No release from
conservatorship or up list possibility will be the force driving the
pps down. No good news on the horizon so this will be easy money.
I'M WITH CASTRO. SHUTTER FANNIE MAE (FNMA)
WASHINGTON, June 17 - President Barack Obama's nominee to lead the Department of Housing and Urban Development, Julian Castro, urged lawmakers on Tuesday to move forward with efforts to shutter Fannie Mae and Freddie Mac , saying the current housing finance system is not serving Americans well.
DEAD CAT BOUNCE (FNMA)
Temporary gain will usually follow a downtrend and thats all this is. PPS will continue downward slide at end of day or tomorrow for sure.
(FNMA) LESSON FOR THE DAY. DONT CATCH A FALLING KNIFE
the current price or value of FNF has dropped significantly in a short period of time. A falling knife security can lose all of its value, such as in the case where equity shares become worthless. If you liked that last drop wait for 2nd leg coming soon. FNF have no value so they are worthless.
OVERPRICED (FNMA) BY 4 DOLLARS
No pay per response here just brutal facts. Like I stated last week downtrend has begun and huge correction in PPS is due. FNF have been overbought on wishful thinking and pure speculation nothing more. While under conservatorship these shares of FNF are worth zero and that cant be disputed.
(FNMA)shares aren't worth the paper they're printed on.
"for now shareholders are left with nothing more than hope."
Major stock publication trade papers words not mine. They know the
reasons because they are plain as day.
* conservatorship status not about to change
* embarrassing delisting from NYSE
* total profit sweep by USG