? Old news is old

well I mean those things have to ACTUALLY happen. And they haven't. Plus there's no indication that they will be. I'm not trying to be a pessimist here, but I'd honestly be shocked if this thing hit .01 again in 09. There's just no reason it would. The product is great yes, but it HAS been great, and the pps has gone down. The company has no clue how to communicate with investors, and who knows what other negatives they're hiding. That's just as likely a case as them sitting on something positive at this point.

I concur. .11 is an unrealistic pipe dream at this point. You might as well say that it will hit 2,000/share.

massive government aid followed by profit taking.

but you gave no reasoning. I could make random predictions too and i'd be right 50% of the time.

Yeah, I agree. Given the monstrous pullback on the Dow this isn't surprising. Just hold tight for a while. Also it's nice to hear about someone other than MMs supposedly manipulating something.

yup, don't worry. I was tempted to sell friday as well, but wasn't 100% sure we'd have this drop. I figured it'd be coming sooner or later. Don't panic, we've had a huge runup the last few days, while many people were on vacation. We'll probably recover a bit by day's end. Hold strong at this point. If you haven't sold now you've probably missed the short term opportunity to. Hindsight is 20/20 but don't beat yourself up over it.

well we WERE at 2.95 for a while before.

nice! I'm still trying to decipher where my sell points are on this (non flipping ones anyway). I'm thinking between 5 and 7 within a few months.

I would love to see if there's anything actionable in what they've done.

absolutely, wouldn't mind holding even on the day.

That's actually a good point. Based on that I wouldn't be surprised to see the pattern we've had here in the past: Gap up at opening, a runup for about 30 minutes, then a sharp decline that still leaves it up on the day however

Nobody ever made a dime holding a stock forever. I do not see the point of buying any stock if you are unable to sell it.


Amen

oh I agree with you, I'm thinking the worst may finally be over here. MAY be over.

you got it. There's a reason why people like doog and others don't post here anymore. This company lied (by omission) to the shareholders, and until they learn how to address shareholders with respect they're not going to go anywhere.

anyone here trading preferred shares of FRE? Just curious how the action has been on those

eleventy billion per share

Did this thing not trade after 12:30?? I'm confused



edit: NM I forgot what today was

Yeah, I'm definitely thinking 5, just not sure time frame...3 months sounds about right

I would love for this to keep the upward trend. With this coming week I'll be able to figure out more of a plan for my other holdings too. I'm trying to set a price target here but I'm really not sure.

stochastic is STILL in oversold territory, although peeping out of it. ADX is about to cross over, although accumulation distribution is still heading downward.

Et tu, Brute?

Then down go paulson

exactly, I"m so in the hole on this p.o.s. It doesn't matter how great this product is at this point. The company is absolute sh** for brains when it comes to communicating with investors.

it shows as .53 on my end still...wtf

time is the enemy here. The deal runs out eventually, and others will copy basic design. Barring a major development this thing is done.

Ginnie Mae? I never even knew that existed until now

I was talking with garr yesterday, he said that Mona did eleventy billion dollars of business last quarter. WE'RE GOING TO THE MOON!

you nailed it. They don't seem to understand how to handle releasing news about the company in an ethical manner. You're judged by what you've done lately, and look at what this company has done for the last couple months. If I told you what's gone on here for the last 60 days, and didn't say it was ASFX, you'd tell me the company was an awful pinky toxic pig.

I hear that....I have some champagne chilling on ice.....and rope with instructions on how to tie a noose :P

yup, the pattern of shooting up at open and then plummeting after may be over..

D'OH....my chart was defaulting to one month. haha, thanks man

? Where do you see a double bottom on FNM?? Am I looking right at it?

guess someone knows something we don't :)

probably someone sick of waiting for this turd to turn around. The company doesn't know how to handle presenting themselves to investors cleanly and people are sick of waiting.

Oh FFS. I give up on this one. Seriously. I quit. I'm not averaging down any more. It just ties up more money in this train wreck. Down 30%....awful. They need to stop blaming the market, it's been fine the last 2 days.

I don't care how good people say this company is, or who's scooping up these cheap shares. They only get cheaper as time goes on...you need it to go up to profit..

Not sure to be honest...I'm in FRE though, so you should probably run :P

hmmmm, see the thing is I don't exactly trust Huss at this point, for reasons we've already covered ad nauseum. It seems like he just says what we want to hear, irregardless of what the truth actually is.

well they are now. Last couple weeks they weren't. Glad they're doing it again now that it's green.

Obama could decide to just wipe it out though and start over. You know, strike a blow against the 'fat cats' that basically bought him his office?

I mean, I fully believe that what he was saying before was b.s. and what he says now is still b.s....but in the end it may turn out much like he said. If this thing doesn't start moving as the market recovers it will become a drag on the economy. And with the public thirsty for blood, what better way to appease them than by wiping out the 'fat cat shareholders' (lol) of one of the drags on the economy? It doesn't matter if that's right or wrong, it would be a publicity play. I mean there is NO volume here, it doesn't react to the market like it used to, and FNM seems to be doing better now, albeit at a lower pps.

Prediction: 60 days from now if this thing is still sub 1.00, it gets wiped out.