You are arguing with a sock puppet wake up and give it a rest.

Sanders? Shareholders? You smokin spice?

Interesting view thanks.

Assuming the Shire deal goes through. What would be the new market cap for SHPG, and will the market sell this off?

nice to read your posting. most have that handle on ignore hopefully.

Thanks. Well, the fact that the defendant is not opposing the transfer of information from the fairholme in either case is interesting.

Do you think that the sealed info will ever be revealed or will hell freeze over before that happens?

Oberdictum, so both Saxton (iowa) and the Arnetia Joyce cases (kentucky) filed amendments under seal and both went unopposed by defendants last week? What do you make of that?

That document just about sums up this mess.

gotta be a bottom here somewhere. where are those dang melanoma results...

was the volume at 2:44 pm a sale or a buy?

New Saxton filing.

http://www.glenbradford.com/wp-content/uploads/2015/12/15-00047-0057.pdf

Dew, have you been long EGRX all year? If so, congrats. Also, what s your valuation target for the company? Hard to buy the chart after this years run without detailed pipe valuation imo. Cheers.

anyone have a paste of the new fannie article by ms. alix on banker and tradesman? Cheers.

like that last paragraph. now we need to work on '....and to return them to shareholders...';)

what happened to the google groups message board? Why did it get locked?

Anyone follow Edge Therapeutics?

Recent IPO. James Healy, Anders Hove, and Sol Barer own meaningful amounts of stock and the price has settled since the IPO pop.

'Edge’s current product development strategy involves identifying hospital-based products for acute, life-threatening neurological conditions where limited or no current therapies exist. The company’s two novel product candidates have the potential to target multiple indications associated with brain hemorrhage. Edge is also leveraging the Precisa™ development program to address other therapeutic areas, including intracerebral hemorrhage.'

First to read gets drinks on the house.

talk about low volume...

Does anyone or will anyone have a link to a list of all the companies/ schedules presenting at JPM next month?

not sure what you are asking but in essence, the preferred rest on a court forcing the government to make a payout to holders. this is obviously not going to happen anymore, ever. all the commons need however, is for the profits to be retained by the companies (which corker calls 'entities' the sly willy).

He is REALLY pouring the Kool Aid to the session participants. He is presenting his thesis to maximum effect i.e. it s easy to chew and digest--big bad hedge funds benfitin from a release. He is going so far as to use the maximum share appreciation as some sort of rationale opposing release! Oh boy.

He does mention however that the bill does nothing to influence the current litigation on going.

Corker in the senate session from yesterday forward to around 4;57;30

http://www.c-span.org/video/?402252-1/us-senate-morning-business

Yea 'stakeholders' as in warrant holders as in treasury as in administration as in the big man himself sitting on the oval office sofa but on behalf of 'taxpayers'...those stakeholders?

Indeed, and it s as if the fhfa gov doublespeak couold now even be referring to the different housing sectors fnf 'serve' as 'stakeholders' .

ok i see it now, apologies to the fella that noted the post.

it s another cryptic phrase: stakeholders. why not shareholders or stockholders or holders of share certificates...lol gees louise what a merry go round

doesnt say stakeholders anywhere in that paragraph or on the page. no offence but how is it that some are reading words that arent even there? that s just depressing

Thx for the link. Very positive representation of the company by Tim. Kelly was fed all the 'tough' question (WSJ) which, for all intents and purposes, were smacked out of the park in a very collected manner by the CEO. Perhaps it was a net positive in the end that Tim had a chance to address those via national television.

Kelly also needs a new hair team cause it looked less than good today. Very wiggish, no offense.

Thanks navy i missed him. anything else noteworthy? is he done now?

Really? Interesting... I dont recall him making any tv appearances. Anyone remember the last time fnf ceo s appeared on cnbc or bloomberg tv and not a more obscure industry broadcast for instance?

So when Cork goes on TV and recommends to short the stock, and a few months later the stock declines meaningfully, is that alright (potentially due to a bill he puts forth no less? This doesnt violate some kind of law?

Also, the SP is melting due to the idea that repubs and dems in congress will never agree and that this eventually (if they did)could result in repubs delivering fundamentally damaging alterations one day, imo. Yet another example that Cork and Co simply want to damage and destroy not because they have the housing markets best interest in mind. But because they obviously stand to gain from a limp fnf. Krass.

good post. agreed. the outrage has become far more widespread that one or two years ago. The stock price is being moved to reflect the melting of the hope that the pres or lew would simply release one day. well, the courts is where this play rests now here else.

If he is then he could get nominated for tightwad of the year. 2.50 2 1.50 he ll make alot of money either way.

He d make exponentially more money from fnma buy and hold than from 'donations' and/or trading in and out of his favorite Tennessee realty stock. Baffling.

That stock he trades, even if a miracle happened, wouldnt come any where close to the gains he could make on an fnf rnr event. wth?

Agree with your posting. Some of the fnf twiterrati seem to be freaking out about the slip in of the bill but who knows what their agendas are.

Also, while reading your post it becomes clear the bill will not manage to stay in. Current overlords want their gfee money and flexibility ie power to exercise warrants and sps if they choose to do so. betting the bill gets removed.

On a side note, since we all know Corker is apparently a very active and talented stock trader in his free time, why doesn't he simply buy massive amounts of commons get super rich and chill. That s what is so confusing about this whole ordeal. Anyone with 2 bucks can buy a share. release relist and oversee, and this can end well for everybody.

Corker hates the current Status Quo and wants the bill because:

1)He doesnt want the gfees being used as slush funds for Tsy for their objectives (deficit, highways etc). Secretly though, Corker wants to prevent Obama or Watt or Lew or whomever deciding on a whim to use those fees for a recap plan, imo.

2)Theoretically Obama could wake up tomorrow morning and make a private phone call to Lew or FHFA and order the sale of the warrants (or not sell, whichever) and then call it business as usual ie release and relist for fnf. Heck, even Watt could do that as the regulator (if he was a bad ass dude).

So the above powers cause Corker and Co to get itchy. Fnf are potentially ready to rock and there is nothing he can do about it if fhfa chooses to do so. In turn, he wants to do anything (even throw himself in front of a bus) to prevent a release and relist scenario even if it means solidifying fnf as a matter of congressional decision once and for all. Corker and co must be betting that congress and the pres will never come to an agreement on what to do which will buy him time for his master plan of winding down the companies.

The breathtaking part is all the aforementioned parties are completely disregarding the law and the courts...

The jumpstart (stupid name) prevents the treasury from unilaterally selling their shares and or releasing fnf without congress approving and the pres signing.

It could make the whole shabang take longer because: congress agreeing and Pres signing is like moving the center of the universe with a broom.

Once again. The courts the courts the courts. Insert Sweeney image. FHFA,, Admin, Tsy, Congress, Corker and co...all are ignoring what truly counts and matters in this country which is: Rule of Law and a deal is a deal.

Jumpstart the Gses Bill Summary

Jumpstart GSE Reform Act

Prohibits the use of an increase in the guarantee fee required to be charged by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), or any affiliate of such organizations (enterprises) to offset an increase in outlays or a reduction in revenues for any purposes other than those related to the enterprises' business functions under: (1) the congressional budget, (2) the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), or (3) the Statutory Pay-As-You-Act 2010.

Prohibits the Department of the Treasury from selling, transferring, relinquishing, liquidating, divesting, or otherwise disposing of any outstanding shares of senior preferred stock acquired pursuant to a specified Senior Preferred Stock Purchase Agreement between Treasury and an enterprise until Congress has passed and the President has signed into law legislation that includes a specific instruction to Treasury regarding the sale, transfer, relinquishment, liquidation, divestiture, or other disposition of the senior preferred stock so acquired.

thx for that

Good article. Except for the last sentence. The truth is spreading.