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Still haven't been able to find anything Cramer said. Post it .
What did Cramer say?
Welcome back brother,kinda missed that bullshit. LOL
I'll second that,they react after a stock moves,a two year old can do that.
WOW,common sense,a rare find on this board.
Yep,the big swing will bring back interest from the day traders.Volume 30M in the first 2 hours,and buys coming in. Sitting tight myself.
Don't think they'll let it drop below $1. Could be wrong. Just my opinion.
For all that want to blame ~BLUE~ for their trades ,this is right off his page. It's all an educated guess.
DD is always welcome on this board. DD is King!!!
*** Due to the increased volatility and high risk exposure with trading penny stocks, it is possible to lose your entire investment. Taking profits,
Due Diligence & the preservation of your initial investment is a must.
*** Do your own DD before you invest and never trade more than you can afford to lose. Traders should plan their exits before they trade.
Why the huge sell off 2 days in a row, did something happen that I don't know about?
You're too funny
That's how it seems to be here.I give you credit in that you admit that you're short. Many on here will
post a negative outlook and then say, " I have no position here,just concerned about everyone holding this". That being said,I also truly believe that the GSE's will undergo some reform,but will remain. As soon as President Obama spoke of winding them down,private lenders started to say that they wanted
a government backstop in place. He knew this when he said it.
Yeah,you have a good point,just watching level 2,and saw those 400k and 500k sells. I'm in not really a panic seller.Just trying to make sense of this.
With all the selling,starting to wonder if insiders know something we don't.
Yeah, the speech didn't help shareholders. The problem with reaching net zero, the way they have structured the payments that may take a very long time. peace
Vet, what's your take on why we're still sitting here,after earnings? It's become obvious that the GSE's will probably undergo some change,but aren't going to be done away with. I'm still holding,have been since .80. Just wondering what you think.
Good luck to you as well.
Did it occur to anyone that President Obama actually knows that there is a need for Fannie and Freddie,and is just agreeing to go along with the right wing that wants to privatize everything,knowing that it won't work. Think a little deeper ! The President wants affordable housing. The private lenders don't want to carry 30 year loans @ low interest rates.,they can't make enough money.So there is a need for these GSE's and he knows it. He's smarter than most on here give him credit for.
Anyway,that's my opinion. If you don't agree fine,but I'm not going to get into a pissing match with anyone,so don't even try. peace
Wow,common sense on here,a rare find.
1 more post,direct from speech . The good news is that there’s a bipartisan group of Senators working to end Fannie and Freddie as we know them. I support these kinds of efforts, and today I want to lay out four core principles for what I believe this reform should look like.
First, private capital should take a bigger role in the mortgage market. I know that must sound confusing to the folks who call me a raging socialist every day. But just like the health care law that set clear rules for insurance companies to protect consumers and make it more affordable for millions to buy coverage on the private market, I believe that while our housing system must have a limited government role, private lending should be the backbone of the housing market, including community-based lenders who view their borrowers not as a number, but as a neighbor.
Second, no more leaving taxpayers on the hook for irresponsibility or bad decisions. We encourage the pursuit of profit – but the era of expecting a bailout after your pursuit of profit puts the whole country at risk is over.
Third, we should preserve access to safe and simple mortgage products like the 30-year, fixed-rate mortgage. That’s something families should be able to rely on when they make the most important purchase of their lives.
Fourth, we have to keep housing affordable for first-time homebuyers and families working to climb into the middle class. We need to strengthen the FHA so it gives today’s families the same kind of chance it gave my grandparents, and preserves that rung on the ladder of opportunity. And we need to support affordable rental housing and keep up our fight against homelessness. Since I took office we’ve helped bring one in four homeless veterans off the streets. Here in Phoenix, thanks to the hard work of everyone from Mayor Stanton to the local United Way to US Airways, you’re on track to end chronic homelessness for veterans by 2014. But we have to keep going, because nobody in America, and certainly no veteran, should be left to live on the street.
True, still a huge role for Fannie and Freddie,form the 30 year mortgages to affordable rentals.
I feel much better after hearing the speech. peace
Me either, he sure didn't say we're going to eliminate FnF. He did say more private capital and reform.Said wind down from what they are now,then said in the next sentence the word REFORM !
Glad some were listening.
LOL,You're right. Don't know why I bother.Would be more productive to just go outside and bang my head against the wall. peace
Umm,ok. GLTY
Hard for the president to get anything done with a congress that won't pass anything. He (the president) can't just arbitrarily pass everything on his own. Just saying...
Private businesses thriving,and Wall street at all time highs. While government jobs,pensions and benefits are being cut.Doesn't sound like communism to me. But with that being said, you're entitled to your opinion. GLTA
No I don't. Does anyone know what time President Obama speaks today? thanks
Later today,it's in Phoenix Az
Let's just hope they're not all sells. LOL
No I'm sitting tight,have been here since .80, the timing just sucks.
A reminder of what might be happening right now. If you haven't seen it watch this.
Agree,but those reports couldn't have come at a worse time. If he doesn't say anything positive,this will drop like a rock. I'm not a basher,but rather see things as they are. This has killed any momentum
we had. IMO
Missed report,what did they say on CNBC,and FOX biz channels?
How can we be going down pps,with that huge green stripe of buys?
And if they are trading back and forth among themselves,as it looks,the CMF doesn't mean shit anyway. He's a Shawty.
All the chicken little's are showing up,too funny.
REALLY, OK >>>>>>><<<<<<<<<>>>>>>>>>>><<<<<<<>>>?????????
That's good news,as reducing the taxpayer risk was the reason given to wind down these companies.
Seems to me that they are reforming themselves,that combined with no other institution/s willing or able to provide an affordable 30 year mortgage. Looks like FnF aren't going anywhere. Yesterday when
president Obama spoke to the house democrats,he said "jobs,middle class, and growth" were going to be his priorities,moving forward. For all that still think Fannie/Freddie are going to be eliminated,
let me ask this. What will they be replaced by? Why would they replace institutions one of which has been around and working well since 1938,when the can just reform the structure all ready in place?
They couldn't or didn't even do any meaningful financial reform of the banks, but you still think,they will dismantle these profitable companies,which help the middle class? I think not !
Been holding this since May,why the big jump today ?
How can there be that many buys,and the pps doesn't even move a penny ? Rigged