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How long it has taken to uplist AAMRQ as AAL ?? I think it is inevitable for FNMA to uplist anytime soon. One of the best companies in the world trading on OTC as a penny stock. The giant shows it's power ones it closes above $5 ?? Just IMO .
When it closed first time above $3, similar thing happened. It retraced back to $2.35 and people like Blue thought $2 is possible. ?? But eventually it bounced back and went beyond $4.
May be they just trying to keep the pps low ?? Just my opinion.
Thanks Obi. for your insight.
My mistake to make it a general statement instead of referring to the Fannie Mae chairman's response.
Obi, I just trying to post what ever said in the Fannie Mae's chairman reply to Bruce.
"As legislated by Congress, with conservatorship, the Federal Housing Finance Agency as Conservator assumed by law all of the rights, powers, and privileges of the company, including those of the board of directors, which provides appropriate governance in accordance with FHFA's limited delegation of authority."
http://fanniemae.com/portal/about-us/media/statements/2014/statement-laskawy-030214.html
Being in c-ship,as per the law, FHFA has all the rights over Fannie Mae.
Just trying to connect the dots. We don't have any confirmation news yet that Buffet is interested in FnF ??. As few of the members mentioned here, any positive news from him may take the share price into two digits.
IMO, on the negative side the pps may not go below $4.
Note: All my posts are my opinions . Please don't take them into consideration to buy or sell this.
Tomorrow over $6 open ?
We may see uplisting very soon. Just IMO.
The indications looks alike. In his letter to shareholders he mentions:
"Though we invest abroad as well, the mother lode opportunity resides in America "
Is there any big opportunity than these two giants FnF at the moment.
Fill the gaps. We may find the answer.
http://mobile.reuters.com/article/idUSBREA200EX20140301?irpc=932
Sorry the date is not May 28th. It's May 29th 2013. On that May 29th it went up to 5.40 from some where in $3s and came down to $2.25 the same day.
It touched $5.40 on May 28th and came down to $2.25 on the same day.
It may go up to $150 with out warrants. Just IMO .
IMO if the warrants are not exercised $70 easy.
Crawford2012, Obiteridctum, Detearing All three are very expertise, knowledgeable, informative & altruistic .
The comment in that link:
And the most important thing for FnF investors is understanding that the Treasury does not want to hand over all of the damning memos and emails that will be brought to light in the discovery process - which will fuel additional lawsuits that will pile on top of the (approximately 20) lawsuits already filed. That's the most important thing to understand at this point.
Dividends ??
Once if it crosses over $5, we may not see this would be going down to $4. If in case it goes to $4 then that's wonder full accumulation opportunity.
Crawford, thank you for your time and insight.
Jaren, when you first said this, I felt like it's been exaggerated and baseless. But day after day it seems like it may be possible.
Redsox17, it's a Good read. Thanks for posting.
Blue's guess for march 2014 is $30. We have to see whether it happens .
Once if it holding above $5 on closing, then the chances going toward $20s are very high. Just IMO .
Shorting this may be very risky. Just IMO.
I think no one on the board is not expertise doing both except you. We are not as smart as you are to make 50% gains .
Yes for 50% gains shorting might be greatest thing. But many longs here making more than 100% , 1000% gains .
Nice to hear back from you DT. Longs waiting for you here.
Share count matters a lot. If you see some other stocks in the industry like CANN, FSPM you may know what I am talking about. Hope this post won't be deleted .
250 million is not huge. But when you compare the market value and the share count, then it's huge . I am long here . This is Just IMO.
Share count matters than the MM.
Don't expect sudden spikes here . It won't happen here because of the huge share count (250 million ? ) and corresponding market value . We may see a slow and steady up move if the company performances good year after year.
If it is going to b true, then have to be thankful to DT. He speculated it long long back by his expertise and investment mind .
Really wonderful Strykerd .
$5 resistance won't stand many days. Just my wild guess.
Crawford, Now we are at 4 of your "4/12/14/26". Thanks.
Hope it will be fine to you DT.
DT As long as you are there we are just fine. All we need is your posts regularly on this board. I know this is precious than AAMRQ , GGP, AIG. But still it would be pleasant for longs you to be here.
TD Ameritrade still not allowing margin borrowing on this. Hope it changes sooner than later .