Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Umm (slight tap on shoulder) Fmcc down almost 5% FMNAS green.. could our military be pulling out of commons and into the junior’s?
Not by much… the open on any stock is usually the busiest 7,000 shares first 2 minutes = dead
So your thinking JPM and MS are still working hard behind the scenes to get her done even though MC is gone and a different administration.. well good for you little bud way to carry the torch
Free entertainment into the golden years I like it …this is so dead no pulse lol
You just can’t make this stuff up rofl
“In its report, the research firm writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion per our latest calculation. We assign a high probability that Treasury will convert its senior preferred to common at that point, an assumption premised on Treasury having little reason to freely give up the value of its position"...
2036 lol for what it’s worth hopefully at least a nickel
What about volume? You need volume to have a movement... Of all technical indicators volume comes first for obvious reasons... Volume here is anemic at best and there is no setup without it... March and April share price sideways at best.
Ackman the guy that was up $600 million on his Herbalife short and eventually took a $$ one billion dollar loss yeah great guy to follow on anything… rofl…
Just down 100,000th of a penny you can’t make this stuff up
GAPPING!! down sir
Not from a 10 cent value pov
Ooo 70’s Ooo 60’s And so on till…. .08 right Brad
Because there are billions and billions shares waiting to drop on this 600% to a 1000% of new shares .. They are hundreds of billions in debt that continues to rise without abatement. The only reason this hasn’t fallen back to 30 cents are 2 large shareholders… and when they let go lookout below… but the bright side in all this is the government “may” be wrong and someday very far down the road they might be released.. what will they be by then ha ha who knows GOOD LUCK!
Is everyone alright? Price in free fall on “meh” volume..
I agree the share price would increase…
Agree but we don’t know the final share count
When
Warrants will be added
Juniors converted
Seniors possibly converted
Secondary ipo
????
Lots of if’s and when’s
“What is wrong with this picture???”
No problem here to help..
Minimum requirements NYSE
To qualify for listing on the NYSE, a company must have at least 400 shareholders, with at least 1.1 million shares available to the public and a market value of the public shares of at least $40 million. Each stock must have a minimum value of $4 at the time of listing.
https://finance.zacks.com/minimum-stock-price-nyse-5116.html
That $4 your gonna need will be very difficult. This is and 8 cent stock already trading 10x value and with each quarterly profit comes an increase in debt by the same factor to seniors…
Reality…. Your years away and in all reality I doubt these commons will acclimatize likely never make the uplist summit. Base camp here is where they will likely stay
Nice!!
It’s essentially still the NWS gov sweeps the profits and then loans fnf the same amount to put in there savings. What’s interesting will be when they reach their caps and all that extra debt that’s been accumulating. Will the sweep continue? Will they be allowed to start paying off the seniors? Or… will they be considered insolvent and with such high debt maybe beyond their capacity to pay off in a reasonable amount of time need to be placed in receivership as the commander pointed out in the 10q - k’s … yeah their still sinking and why they trade at 87 cents on the otc “bulletin board”and not an “exchange”.
MC was in compliance with DoddFrank otherwise there would have been serious consequences not something you can blow off..
https://www.occ.treas.gov/publications-and-resources/forms/dodd-frank-act-stress-test/index-dodd-frank-act-stress-test.html
But is for those watching and waiting kinda evens out
Some nice volume though
Thinking they pr a retirement of about 2.5 billion shares at some point
Blue dogs for fnf?
Blue dogs https://en.wikipedia.org/wiki/Blue_Dog_Coalition
You guys should maybe try a new lateral move… appealing maybe to a Democrat conservative in congress not up for re-election that is a staunch capitalist maybe an immigrant that herself has had the American dream. That might take up your cause in the caucus she runs a few emails to her might not hurt…
https://en.m.wikipedia.org/wiki/Stephanie_Murphy
No no wouldn’t put a Penny in this till they wipe out commons and Morgan Stanley /JPMchase straighten things out and rewrite reissue everything this is currently doa/dead man walking etc of course that’s if anything ever happens except funding WH pet projects (ex Ocare)
But earnings become part of senior debt as the gov loans the same amount so they can build up their savings hmm what happens to the debt when they reach their cap? NWS resumes I suppose
So they’re retaining earnings but the seniors continue to grow which is debt… wow they’ll never leave at that rate
Yeah really couldn’t seriously invest in any company that has any one of those statements… good for a flip or short term bet… sorry I know a few folks are stuck and can’t help but to stay invested and hope for the best… good luck to all …
Yuck..
wow 35 minutes in and a whopping 29,000 shares traded … so how many people does that translate to in terms of being impressed?
You’ve watched too many movies.. USG gonna flush commons into oblivion. Do a gargantuan reverse split issue new shares and and never give a thought to the 8000 shares left posthumous from legacy commons.
Wow very sticky worthy… 10 cents after that makes commons sound a bit pricey
That’s not too bad a little less than 4 billion trading
Kinda difficult as it was 100 share traded that skipped over and through hundreds of thousands of other shares at lower prices on the ask on low volume.. hence the term glitch and your screen shot still showed 6:20 with a high of .92 just saying the data is slightly corrupt in some fashion
Actually $3.00 high today so far oh wait I just posted the high of FNMAS on the wrong board ooops eye roll
Used to trade mid $40’s pre conservatorship not a bad one to hold till something happens one way or the other