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Shares would skyrocket if that happened
BMSN looking ugly as ever. Will be in low .002's before the holiday
Change sides? This is about money this isn't a marriage. Good luck with your not changing sides strategy. Have a good night sir
I hope you're right. The longer FnF are around the more money we can all make.
This was on yahoos front page yesterday. People bring up hedge funds a lot so just showing both sides with this article. Take it for what it's worth.
http://www.valuewalk.com/2013/06/waterstone-fannie-mae-worthless/
Gap up to 1.45 en route. Hopefully break through the 50MA today
Nice close will prob gap up tomorrow. Long 16k shares at 1.36. Still wont get released from c-ship but looking to recover for a bit.
Bad information again. Short interest in FNMA is 16,873,000
Hmm, looks like this might actually gap up tomorrow. Good recovery so far but still c-ship liquidation looms over FnF like a dark cloud
Lol, that article is about the Corker bill and the Corker bill liquidates FnF. Nice try. Show me something that says that Obama or his admin supports released FnF from c-ship. And Sen. Reed isn't Obama or his admin. if for some reason thats what you meant.
Show me something that says Obama supports releasing FnF from c-ship and i'll change my opinion on this.
http://www.bloomberg.com/news/2013-06-24/senators-to-introduce-bill-to-end-fannie-mae-freddie-mac.html
Amy Brundage, a White House spokeswoman, said the administration welcomes the bipartisan bill.
“The president strongly supports comprehensive housing finance reform that would forever end Fannie Mae and Freddie Mac’s flawed business model that put the American taxpayers on the hook,” Brundage said in an e-mail.
Under the bill, Washington-based Fannie Mae and McLean, Virginia-based Freddie Mac, which package mortgages into securities on which they guarantee 100 percent payment of principal and interest, would be liquidated within five years.
2012
http://articles.washingtonpost.com/2012-02-02/business/35445369_1_market-and-neighborhoods-financial-overhaul-legislation-financial-crisis
Obama isn't your friend if you're long FnF
Um, um, um
It'll be around the same size as last quarters around 8 billion. PPS should run pretty high when it comes out but not above $5 again unless there is good news about c-ship too
Watt: Faults assertions that hes unqualified to oversee FHFA
This will go below a dollar this week
out at 1.13 it worked out well. will get back in when it drops under a $1 later
picked up some 1.04's thanks for the shares guys
No you cant because FnF is a dead company. It's worthless and people on this board are the only ones who still think it'll get out of c-ship. People talk about hedge fund money invested in FnF lol, well Bilderburg money runs Congress so good luck trying to unload your shares when this plummets.
Bet the rest of your money on black. Better odds than investing in FnF
.89 euros right now 1.15. Fnma bloodbath continues. This will be testing $1 on opening tomorrow. Glta
You are absolutely correct
It would take a great deal of time to set up and to implement but wouldn't necessarily take a lot of time to approve a bill for it. Like Corker said in his interview he hopes by September. If the bill is approved the next day FnF will crash even though they'll still be years from liquidation. After Q2 I think it'll make another run but not as high as last time.
I agree with you. If no real news hits about c-ship before Q2 is released FnF will prob make another run and I'll be taking a position before Q2 is released to ride the wave
"some"
Usually under a conservatorship there would be a release after the company became self sufficient again but in 2012 they amended the the terms and decided to wind it down. The only reason that plan has been somewhat questioned now is because they started to make profits at the end of last year. I'm sure you already knew that but if you didn't then there you go.
uh huh
EMAIL FROM CEO:
Hi Alex, this is all just the same pump, from the same goup of people that normally pump these trips. If you want to lose your money and listen to non stop rhetoric, then buy some shares and follow the board. If I can be of further assistance please do not hesitate to contact me. Best, Kevin
Kevin H. Kading
48 Wall Street, 11th Floor
New York, NY 10005
Main: 212-918-4995
Cell: 212-918-4606/Fax: 212-918-4406
Because that isnt the bill that was introduced. The bill introduced would liquidate FnF
"Amy Brundage, a White House spokeswoman, said the administration welcomes the bipartisan bill.
“The president strongly supports comprehensive housing finance reform that would forever end Fannie Mae and Freddie Mac’s flawed business model that put the American taxpayers on the hook,” Brundage said in an e-mail.
http://washpost.bloomberg.com/Story?docId=1376-MOWWJJ1A1I4I01-2S3A3RP6LKONFHN4IP6F32NJ5E
Its a non issue. Someone responded that he wouldn't support Corkers bill. Even if he didn't support Corkers bill it wouldn't matter because he has nothing to do with Corkers bill passing or not. Another thing is that Obama himself supports Corkers bill so why wouldn't his nominee? Truth is this will have no bearing on the price action tomorrow, its something that the bagholders are trying to convince themselves and others of. You shouldn't be holding FnF overnight anymore unless you start to see green days with good news being released. This is a bad time to hold FnF overnight. Good luck tomorrow.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89371597
"President Barack Obama welcomed the bipartisan effort led by the two senators."
Your comment makes me lol. back to 0.002s ha ha ha
Huge dumping of shares today as seen by the t trades. This will be fading the rest of the week probably back to the low .002's. No one in their right mind would hold this garbage going into the holiday unless they believe in the fairy tales of this board. Don't end up like the bagholders or F N M A. FDA will definitely postpone or decline trials. Koos knows this and is using t trades to mask his massive sells.
Lol gap down and run toward the .80's maybe
Yup hence the price action today....
Tomorrow the blood bash will resume.
I trade FnF I have a vested interest.