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I think we continue up for another day. We painted a continuation flag yesterday. If this is a big upward movement, that RSI needs to stay sky high for longer.
The utility model has already half been assembled. The question is whether it will be kept or not.
Donald Layton -
Jumping millions in volume in minutes.
0% risk of $0 now! Insane!
Some of the most important words for us ever given during the conservatorship. We should at least ascend towards our conservatorship high of $6.
We are at the next resistance ladder rung. We break this and we REALLY fly, in my opinion.
HE IS TALKING ABOUT THEM!
Concur!
That would be a "no." She also tweeted pictures of herself conducting the interview with Calabria.
Which is why I think he came out with these interviews stating he will be doing the same things the en banc ruling will potentially enforce.
I was going to speculate the same thing. These Calabria interviews are too convenient with everything being more confidently and comfortably stated.
FNMAS almost to 10-year high. Crazy.
I think that is still a pretty good time frame considering nothing has been done up to this point (besides Fannie and Freddie internally restructuring themselves, which no one seems to understand). I imagine by the time that an IPO is even declared that your preferred shares would be at par, no?
Are you kidding? Public by first half of 2020! That is only a year away! You can't just wave a finger and make them public instantly; things need to occur... like one being called ending the conservatorship.
I believe it was uncovered to be at 130 days (somewhere around there), but that is much longer than the average.
Release and stopping the NWS are on two different timelines. The latter must happen before the other.
You sold... but hopefully you bought back after this.
Looks like the market has decided it isn't a big deal though, so we carry on in wait just like before.
Aren't being constitutional and acting constitutionally two different matters?
The rest of May 3rd opinions are up (not our case). On to next week!
http://www.ca5.uscourts.gov/electronic-case-filing/case-information/current-opinions
It's not ruled out completely. Most of yesterday's opinions were not present until today, so there can be up to a day delay on when they show up. I'm not sure how a Saturday would work with that though.
New opinions posted for 5/3, but not our case yet:
http://www.ca5.uscourts.gov/electronic-case-filing/case-information/current-opinions
Yesterday evening there were only three opinions posted for 5/2; now there are 13. With that in mind, it looks like some rulings aren't posted until the following day. Currently, nothing has been posted for 5/3, so yes, I believe more will show up today.
100 shares traded of FNMAS so far; still strange.
Of course! The en banc ruling is potential dynamite. If the ruling is positive, it will be earth-shattering. Everything this conservatorship has hinged on for a decade will be gone. A decade of suppression and deceit wiped out.
I'm all ears for why FNMAS has no further trades after 3:45PM EST.
I have no idea, but probably. I guess it is also possible that no shares were traded for the last 15 minutes of the day. I don't know how likely that is though.
There was a halt on FNMAS at 3:45PM EST.
We are in a beautiful falling wedge that has been carved out perfectly; it is near completion (today or on Monday). You must also keep in mind that there is a gap at $2.93. :)
In the coming days, we'll probably get up to around $2.90 before we either go back down in the range or hit our catalyst and spring into the undiscovered country.
TradeNaked and I have both pointed out that we are trading in a range until there is a definitive catalyst. Just the other day it was mentioned that we wouldn't trade much lower than $2.60 because that is the base of the range we are in. Traders know this and so are making money off the range.
So it looks like what is happening is that we are painting wider and wider pennants on top of the existing pennants while we are waiting for the true catalyst that will either send this stock flying into new multi-year highs or back down the gutter. We currently have pennant inception of three: a pennant within a pennant within a pennant. So we are going to continue to bounce around within the $2.63-$2.90 range.
It will probably just be on the party lines with 53 yes, but it works!
Crapo, a yes.
Votes being tallied!
31-14 currently
200% isn't enough for a realist like him. Any realist knows that is petty gains. HAHA!
I don't like that he's right, but it's actually a 200% gain, haha. It gained 100% x 2. Yes, $3 is 300% of $1, but it gained 200% to get there.
It is a huge breakout. I guess it can't be too enjoyable if you don't own anything.
Exactly. :)
Something for everyone to think about. The Treasury Housing Reform Plan is already written; Otting told us that in his leaked recording. This can move as fast or slow as they want it to, but the plan is ready.