I could come back 10 years later and it will be the same story. Treble damages, ARCA, Mell Watts, Obama, MM, the list goes on. Can’t blame anyone for a bad investment except yourself.

No ownership in the company? No future profits?

And another decade of holding….

Unfortunate it played out like this. USG doesn’t give a shit about retail.

Saw this coming which is why I left 2 years ago. USG always wins unfortunately.

They will never let go unless forced to. FnF are way too political which is why I moved on years ago.

Doesn’t look like I’m a mod anymore.

Big volume on the bid X ask.

I’d rather have FnF in conservatorship at the moment. Ultimate stress test right now imho. Who here would rather have had them recently released, than still in conservatorship?

Up to the individual to decide. I’m not suggesting any actions.

And nothing about the possibility of the fed and congress taking action if this goes longer than 6 weeks?

If this goes longer than 6 weeks do you expect delinquencies and defaults to exceed the current backstop with unemployment at an expected 30%? Has the chances of receivership changed for you with the current situation?

E*TRADE is showing $2.23 premarket. Glitch?

If this goes longer than 8 weeks and with unemployment where it is heading, the backstop may not be enough.

Basically said there’s not enough liquidity in the bond market if it goes more than 6-8 weeks.

If it goes beyond 6-8 weeks FHFA will look for assistance from Congress and the Fed.

Calabria on CNBC now.

Give me an F...

Trumps plan will be complete before anyone is elected imho.

Getting ready for a new HOD.

About to break $3.50

Lol

News out?

44k premarket. Today should be interesting.

Thought you were shorting at $3.25?

I have E*TRADE and didn’t get an alert. Please post a screenshot.

New HOD on deck.

Tax selling’s over. Looks like tax buying.

$5 by Christmas?

Looks like you’ll have another chance soon. Please update when you do.

$3.25 already posted.

https://www.prnewswire.com/news-releases/strong-economic-data-leads-to-upward-revisions-in-growth-forecast-300976376.html

"Housing appears poised to take a leading role in real GDP growth over the forecast horizon for the first time in years, further bolstering our modest-but-solid growth forecasts through 2021," said Fannie Mae Senior Vice President and Chief Economist Doug Duncan.

New HOD on deck.

Is this the new algorithm at work?

Called it.

Never doubt Gabby.

Should be a strong open. Expecting it to close at 3.25

Strong buying this morning confirmed.

Care to call the bottom on FNMAS?

Strong buying this morning.