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No one asked for Barron's opinion either.
Barron this.
Barron that.
Oh wait, you are Barron.
You're the only person who considers this "issue" a "problem".
The rest of the world has moved on. FnF already has the checks signed for the Lamberth payment and ready to mail out as soon as Lamberth finalizes the order.
My recommendation is to save your mental space and solve a problem that actually matters.
Nobody wants to be on the wrong side of history. If the GSEs are to be released, they want to make it known that they were one of the ones who saw it coming.
Look at the timeline for WHEN David Stevens released his article. It was within a day of when FNMAS started moving and then FNMA a few days afterwards.
Say what you may but Dave got the ball rolling...
I guess you're now on team dilute commons to oblivion since you're encouraging buffett to come dilute you.
Warren prefers to get preferred shares that are CONVERTIBLE to commons.
In simple terms, Buffett plans to dilute legacy commons. Careful what y'all wish for.
Everyone invested in FnF should be anti-Buffett.
If he comes in, he'll screw over commons, screw over JPS, and even screw over the GOVT. The old man is a vulture.
That doesn't mean jack diddly squat.
FnF is NOT folding into Berkshire Hathaway just like how Michael Jackson isn't going to moonwalk out of his grave.
But even if you really do believe so, buffet is not a friend for legacy commons. He always needs to walk into an investment and come out with very favorable terms. You can bet that he will be taking the lions share of the equity which is not good news for legacy commons.
Expect dilution worse than senior cram down from the GOVT.
biden is not handing buffett the keys to the us mortgage market.
The ceiling for commons is a nickel... so 5 cents staring up at $25 is equivalent to peering at Mount Everest.
I'm waiting for conservatorship release to watch the restructuring unfold and the commons get diluted to oblivion.
What are all of you going to say then? Plan the next "lawsuit"?
I look forward to the dilution.
Carlos = Wiseman
Rodney = Barron
This board... I just can't.
You're fixated and stuck on an inconsequential question.
FHFA doesn't have to pay jack diddly squat. FnF has always paid all of their fees. The latest earning report, both fannie and freddie have already taken the losses for the Lamberth payment.
Not sure what is so difficult to understand about that.
FnF. Already. Paid.
Lil bro, common shareholders currently have zero rights.
Hopefully all of the common holders here at least pull a BILL ACKMAN and HEDGE their common positions with JPS.
But for some reason... y'all are smarter than him to do so.
Treasury shouldn't even complain about that since they NWS'd the money raised from JPS off of the balance sheet...
The cliffs note: Buy JPS.
Tim Pagliara says 2024 will be a great year.
Back down to sub 80 cents.
Goodness gracious, that's a very generous valuation.
It's definitely going down to a nickel.
Someone hired a cleric to come cast lvl 2 REVIVE.
Someone is steadily buying FNMAS, carefully as to not rock the boat too hard.
Just here watching all of the masochists congregating at the commons' party.
Load up on the cheapies, TO DA MOON!
Where do you get the inspiration to come up with this?
I guess red is some people's favorite color.
At least JPS still steadily green, maybe y'all want to recover some of your common losses?
I guess it was "back below a buck today".
I am so sorry for all of your losses... 😭
Green? Red? Back below a buck today?
Place your bets.
I wouldn't buy any more even with solid news. It's time to move on from this show.
Lil bro, the lamberth payment has already been included in the latest earnings call.
Oh really? More than a bath, commons will get submerged.
The writing is on the wall but everyone chooses to ignore it or misread it.
To the MOON, buy more commons.
The thing that I look forward to the most for conservatorship exit is the reaction of legacy common holders when they get hit with dilution.
Senior cram down is going to crush commons down to a nickel right before recap/release.
Why don't one of you goobers put in a $1.00 buy order
A) ERCF adjustment being released soon is a possibility.
B) Mean reversion a la Bradford
C) Trump trade - bets being placed.
If there is an official administration announcement for recap/release, this will go 100%+ in a day.
Well, that comes after commons get diluted to a nickel and then reverse split back up to a whole integer.
Keep buying then. To the MOON you shall go.