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Great!Let's unleash Fannie and trade for $60/common share to start with
Good.But I am not selling under $60/common share.
All positive.This won't take long before we get definite news.
I agree. Money is power. Money has more power than politics. In this case even justice will prevail thanks to the rich people and fnma will be unleashed.
I agree.
$47/common share.I think that's a very low estimate. Should be a lot higher.
If only a very small percentage of FnF loans were in danger of not performing, if the FHFA deemed them safe and solvent just before the conservatorship and if FnF got AAA ratings, then both institutions have to be immediately released to its' owners and the government has to pay for incurring financial damage.
This is looking better and better for shareholders.
Don't you think Bill Ackmans' advisors haven't been aware of this long before the analysis from this WSJ author came in. Face it: fannie mae will be unleashed very soon. $$$$$$$
I think there will be an agreement between all parties, to unleash Fannie Mae and let it trade again. In this way some VERY ugly things won't be uncovered and shareholders will get what they want, namely fannie getting back to its' owners. With all the media buzz, even on The Street, this won't take very long anymore.
I agree with some that FNMA will be worth $161/common share on a P/E ratio of 10, but before we get there, it will take another year on Wall Street. Let's start with $60/share, maybe a spike till $100/share because of a short squeeze.
Thank you.
Exactly!That's why shareholders are winning this case.
Fannie Mae has always been solvent, in fact there was no real treat that justifies the government taking them over. Ok, there was a big financial crisis going on, but that doesn't justify illegal actions. So, this is not a unique case, because fnma was not bankrupt at that moment.
And what is your opinion about this?what do you think will happen, if shareholdes win the case in FNMA?
Any thoughts on this new article from the WSJ:
http://www.wsj.com/articles/fannie-mae-and-freddie-mac-foreclosing-on-investors-hopes-1455914265?ru=yahoo?mod=yahoo_itp
I am long, but I would like to read some feedback.
NUGT was worth $49.50/share for 1190 gold. So with gold being above 1200 (and above the 200MA, with a technical uptrend confirmed) I think NUGT will go to ++ $60/share
Why gold is performing so well.http://thedailygold.com/video-commentary-why-is-gold-suddenly-performing-well/
When(not if) thap happens,common shares open at $200/share
'I wish this was a hypothetical exercise in currency reducto ad absurdum. Alas, it is not. This is what central bankers, economists and Harvard Pooh-Bahs and others are seriously talking about. We already have one Swiss consumer bank that, next year, will begin imposing negative interest rates on average savers.
If there was ever a message that clearly screamed BUY GOLD (and silver)! … this is it.
In a world where your savings account loses money every month instead of earns it, the 0% that gold generates is suddenly a positive. Gold prices will rise.'
GREAT!
To calculate market cap, for analyst firms to calculate price target, for market makers, ... To summarize to mentally recover from the biggest law suit in Wall Streets' history.
My predictions:trading halt for 3 months to get things done (if the jury says Fannie can return to its' owners). No penalty fees from the government, government allowed to receive limited quarterly dividends. Share price will start around $60/share and bottom at $100/share (common shares).
I do not think we need to wait very long, Cramer always known a bit more.
News about r/s will cause a huge drop. But it is neccessary to survive. I think the share price might go below .20 first. Then I expect a 20:1 reverse split.
bnp paribas
I know.Congrats.Such a pity my bank doesn't allow me to buy it.
NBY-delayed their conference call for a week (CC now at Nov 19). Lots of speculation going on about partnerships, buyout, ...
Interesting post about Series E preferred share which can be converted into OS at lower price from January 8 2016.
' a Second Amended and Restated Certificate of Designation to its Series E Convertible Preferred Stock to, among other things, provide for a cash redemption of the Series E Preferred Stock at the Company’s discretion and a further extension of any downward adjustment in the $7.50 fixed conversion price until January 8, 2016. Beginning JAN 8, 2016 holders of Series E can convert at 65% of the lowest 2 consecutive days volume weighted average price.
But also in the latest 424b5 filings, they state that currently 4,561,110 shares of common stock are issuable upon the conversion of 9,122.22 shares of Series E Convertible Preferred Stock which works out to a $2 conversion price. And ive scanned the filings, and nowhere can i find when they decided to lower the conversion price from $7.50 to $2. IMO this needed to be disclosed to all shareholders.
So this languishing of the share price could linger on to JAN 2016 where 9,122 shares of Series E preferred converted at $0.36 would turn into 25,338,888 added to the 20,411,518 shares outstanding if all Series H converted at $0.36 too, resulting in 45,750,407 common shares outstanding.'
Author thisisgoinghigher on yahoofinance
Maybe news in January as he said. But meanwhile the dilution hasn't stopped.
So the share price will continue to go South.
Could go sub .10 like AEZS.
I am interested to see how such a so called promissing company years ago,turns out to be OUTDATED and incompetent and implodes.
They don't have any money left. A lot of debt, and a continuous dilution to fund operations. If they are not able to convince the shareholders to increase the number of A/S to 150 million they will go bankrupt.
almost every trading day they dilute.
Share price will continue to go South until there is substantial news.
Surprise:another dilution event.
http://investorshub.advfn.com/Amarantus-Bioscience-Holdings-Inc-AMBS-21711/
Smart money?IF you mean short term 'investors' who want to make a quick buck on pure speculation,then they will be buying at the beginning of January, B/C of the tax law.
AMBS is heaven for the BOD. Every month a big paycheck,no results or milestones expected to be realized,exotic holidays to countries like China. The only words that they have to use are: 'expect, foresee, anticipate, reverse split, we promiss shareholders big money, next quarter, next year, Nasdaq, increase in authorized shares, ...'
Ambs is more like a travel agency than a biotech company
I am fed up with his presentations. I want results: partnerships, spin-off, ...
Too risky. Oil business is not very profitable anymore+company is near bankruptcy.
How long will this decline keep going on? What will be the bottom?