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Slowly dropping
Hope we start to pick up again for a 50% or more close today.
Is Scottrade allowing anybody to buy GRCU ?
Are these the exact words from Buffet and Charlie or have they been paraphrased ? If they are the exact words then that is pretty powerful stuff. When Buffet says " In the end the government would need to be the main insurer " does that not imply that FnF need to be preserved ?
You guys are TOAST
I have gone through 3 scam companies this year alone. Luckily I avoided this one otherwise that would have been number 4. There is going to be no hope. SEC does not suspend unless they really really have a good reason. Sorry.
Another scam company that ended up in the top 10 list before the scam was discovered. Man oh man.
Yeah a trip to da moon.
Yes great news. Down 70% now instead of 80%.
When is Washington state going live with recreational MJ ?
There was no mention of CCI merging with Green Cures in the last PR release and update.
Don't you think that 35 orders per day is peanuts ? If each order is say for $20 then that equates to $700 per day.
Did Chris lie and say there were 500 million outstanding shares when in fact there were 6 billion ?
I wonder if Chris is also the camera man ?
I truly hope everybody who recently sold ends up having to chase the PPS in order to buy back in because that he exactly what is going to happen here. I took a tour of the site a few months ago with Bill. Everything is coming together very nicely.
Officially down 80%
Perhaps 95% by tomorrow ?
Stuck at minus 38.3%
What about Washington State going live ? When is that going to happen ?
Come on Chris you can do it. Do not let us down.
Another stupid shakedown as predicted like clockwork.
I'm holding.
Perfect equilibrium state
Which way will it tip in the next few minutes. I suspect green.
I agree Chris has thought long and hard about this. This news he has for us will be big and he knows it.
A measly $91,000 who cares.
All my cars put together are worth more than $91k. Big deal. Nothing will happen to the PPS. Do not get sucked in.
Hmm that someone else is a poster from the Yahoo message board. Some kid probably.
People stop selling.
You are only hurting yourself and everybody else by selling. If everybody just holds the PPS would stabilize immediately.
What effect will Bove comments have on the PPS Monday ?
I suspect nothing but I could be wrong. However it takes a lot to move FnF price that's for sure. Has to be really really good news to move the price up but only has to be so so news to drop the price. Ain't that the truth ?
We are very fortunate and lucky to have Bove on our side. I love this guy and so should everybody else. He believes in FnF and is constantly in the media attracting attention. Thank you Mr. Bove.
I already know the mystery company is Protek PRP*. This has been in the works for a while.
What are we expecting on May 20th ?
So what is the general consensus as to what kind of news will be talked about on May 20 at 10 am PST or 1 pm EST ? Any ideas as to what Chris will reveal at this time ? Thanks
What's this crap about financials not available from the previous management ?
I mean did they lose them ? Did the hard drive crash ? No wonder their name change is only in the preliminary stage as per FIRNA. I hope there is nothing fishy going on here.
Washington State going live cannot come soon enough.
We need MJ back in the news again. Maybe that would help us.
Which two companies were suspended ?
OK no more PR's please. We have learnt our lesson.
Just bought 198,000 shares at $0.0048. Took about 15 minutes for entire order to execute. I bid wacked unfortunately for everybody. Guess I'll sit back with you guys and wait for May 20.
So is that a good or bad sign for us longs when a 911 sign occurs ?
Reason why we will go down today.
Historically when a downward slide occurs for Fannie and Freddie it tends to last for 3-4 days. Each day the slide tends to decrease by 50% before stabilizing. Therefore yesterday we dropped 35 cents, today we drop 20 cents, Monday we drop 10 cents, and Tuesday we stabilize. I have noticed this type of pattern for many years.
You are right whoever wrote that article wants to drop the PPS even more on Friday. Unfortunately I think it is going to work. There is just too many panic sellers and fools that still own FnF.
Point is that you regular Joe Blow investor will read this news that Berko sold some of his Commons. Joe then proceeds to do the same Friday morning because he is a panic seller. Therefore PPS will drop because of this news even though we know it's not true.
I've owned FnF since 2009 and I completely agree with you. Small dip in the morning to flush out the last remaining weak hands then up we go to stabilize at around $4.40.
Great post Zargis