Don't know for certain though I would tend to think calls.

Huge deal for 3,500,000 shares/ options just gone through. Any thoughts?

Delhi Supreme Court has set aside the patent office ruling because it failed to notify Gilead of their decision which stopped Gilead from making more pre decision submissions and it also appears the office drew info from a similar case either on foot of bias or laziness without considering the case specific submissions of the parties. India is still alive for Gilead.

2.50 last trade. Looking good.

You make a very telling point as to possible confusion on the part of some legislators who may not understand FNMA is partly owned by private shareholders in addition to the government .It is always possible some of these parties could change their attitude if they were properly briefed on the situation.

Germany trading between 158.1 &159.8 eur for the first 50000 shares.Presently at 159.8. This translates to 2.19 usd.

Good to see a more balanced debate emerging from various influential political sources to counter Corker et al who have been afforded too much airtime in this issue. Obama will have
to keep his mouth shut and allow the groundwork to be done by his allies to enable him to shift his position in a dignified way before the election.He cannot allow the litigation to proceed on his watch as he and his party face huge political fallout if the lawsuits are successful.Watch the shift from abolition to some structural changes as the GSEs are too large to change and I the president and my party have overseen the recovery of taxpayers money.

I note from an article by James Glassman in Bloomberg today the ten seperate legal actions were consolidated into one action by a court ruling on the 9 th of October last .This will facilitate quicker decision making within the court system as cases could be delayed pending decisions in higher courts in other cases if all the case were being heard seperately. Injunctions tend not to granted by courts if they are satisfied damages is a more appropriate remedy.I suspect it would be difficult to measure damages in these cases but if the courts went down this route the payout could be huge. The government wont be facing several bullets at different times.They will now face on huge bazooka!!!! Watch the shift in the tone of politicians in favour of retaining the GSE's over the coming months as reality bites .

This is where courts tend to follow previous court decisions as the law should be seen to be consistent. The courts tend to avoid making new law as that is a matter for the legislature but where public policy dictates or untested issues arise such as this unique set of circumstances,I could certainly see the courts intervening decisively in favour of the small shareholders where their company has paid back the bailout and the recent revelations re the culpability of the banks is coming more to the fore.

Long.Well worth the wait. 50/50 bet for 10/30x the reward over a 5 year span . 3/1chance of success with a 25 per cent risk on the basis that there is no accounting for the stupidity of politicians .Building a position but trading part of it to increase my core holding. One of the best opportunities out there at present.

Strong performance today considering the market tanked today. FNMA is appreciating nicely and the recent CSS announcement is giving the politicians wriggle room to backtrack from the liquidate FNMA mantra which is populist but grossly misconcieved. Add the momo of impending results and this is setting up beautifully for a good run.

I suspect the government are fast tracking this to minimise the acute humiliation of being destroyed in the courts prior to an election. I like your Viet Nam analysis.

So politicians now control the judiciary.I am a lawyer.The goverment is facing a litigation explosion.These cases will be settled. Extraordinary circumstances required conservatorship but not now.

Those ten commandments I will certainly break !!!!!!!

Can others clarify if I am correct.I notice you dont elaborate with your answer.I invite you to do so .

I think you can stop marketmakers shorting your shares by entering good until cancelled orders at high prices. I would suggest 50 usd a share.

Why wasnt AIG eliminated?It was designated too big to fail if I am not mistaken.

I agree,but in the medium term. I want to see regularised commercial bank lending here first.

Cant read beyond the biginvestors post 10 August last.Could somebody post a test so I can see if I am receiving posts. Thanks.

Just a test, the posts section seems to be frozen on my computer.

Austerity has been vicious here but the government have kept Ireland investible by gauranteeing the bank debt and bailing out the banks. This will stand to us in the medium term.

Rising assets values will also generate confidence,construction and investment. I am a lawyer where less than 5 new mortgages issued to our clients per annum in 2009, 2010 ,2011& last year compared to 80 to 100 in the celtic tiger years before 2008. We now have 8 to date and our colleagues are seeing the first signs of an upturn.I can see what is actually happening on the ground.

I agree LYG is strong but residential debt write offs are now only being passed to the irish middle income earners and I see our economy really starting to move and property values have way more scope to increase here quickly after the pernicious nature of the property collapse. BKIR is the best pick in my opinion.Austerity has been brutal but I believe we in Ireland are well primed to become one of the quickest to emerge from recession.

Hi everyone, anybody who buys this bank and holds for 5 years will do very well indeed. This bank is by far the strongest bank in ireland and it can afford to pick off the cream from the other irish banks and with less competition from exiting foreign banks, profits and the shareprice will grow very strongly. The hold 80 per cent and trade 20 per cent model is a good idea.I have lived through the property crash in ireland and our problem is a bank liquidity problem with no lending.There has been a tug of war between thedebt moral hazard lobby and those who see debt write off is the only way forward after reduced incomes,hugely increased taxes and grossly distorted asset values . The banks are finally writing off debt here and the self employed middle classes will start to spend and invest in property again . I was a bond holder in my pension and the government took 60 per cent and gave me cash and shares valued at the time at 10 cents each.My investment is back up to near parity and I believe the shareprice increase will quicken as there are strong signs europe is emerging from recession. Buy on dips as there will be volatility in europe. Business is starting to improve and normality will resume once the banks deal with write offs in the coming months.

Thanks for responding. This constructive discussion will help to solidify the resolve of longs and sway others.

Thanks. I enjoyed reading your 2 recent posts.You have an ordered mind and the timeframes are very well set out in your posts.

I am long FNMA .What makes the next earnings quarter so vitally important? Did the shareprice move significantly in recent quarters? I think this share will move more on proposed legislation as various political interests move their bills through the legislature as hedge funds exploit fear. The government is making too much money from dividends to rush any agenda and this is a trading stock for the moment.I would appreciate if somebody could give me some perspective as to the likely earnings parameters and how this might be factored into the shareprice.Any ideas would be appreciated.I intend to trade and build profits for a long term FNMA hold as there is huge potential here.

Held up well today.I like this company because of the favourable location of its refinery and its cost base in contrast to some of the competition.

NTI resumed at Outperform by Credit Suisse.

I wonder is this suit confined to shareholders in situ in 2008 when FMA was taken over? I can see this class of holders differentiating and distancing themselves from later purchasers who purchased FMA who could be deemed by a court to have actual or constructive knowledge of the risks that they were taking in purchasing a weakened entity.Any lawyers here to counter argue my point?

Hope they have a good legal team. This share could shoot or tank at various intervals as the appellate process weaves its way through the courts. One can be very sure this challenge will have many stages and volatility lies ahead. Not sure the legal challenge now is the best way of doing things.The threat of legal action is often better than the execution of the threat and a court may differentiate between earlier and later shareholders.

Are you referring to the 100 share trade at 16.05 as shown on i hub? If you are ,this is hardly a worrying reversal.

Good to see it edging to 2.00. This will move before August because good results will increase the clamour to negate Corker et al. Might drop to morrow with the market if the jobs numbers are bad but that may be a buying opportunity.

Thanks for the info Daxxer.

Can anyone direct me to a good post outlining the drawbacks if any in holding preferred shares? Thanks.

Now you have me interested. Can you elaborate as to the source of your info as to chinese involvement? Hopefully this will settle above 2.00 and move steadily upwards as volatility reduces in the short term.

Our thoughts from those in Europe are with those who were killed and maimed in Boston. What a meaningless waste of life.

New blog, 5th all time sales day yesterday.At least sales are being maintained but can they go to the next level?

Stormking,selective presentation of trends in their blog is grossly misleading.They should chart monthly figures for each of the last 15 months.It seems to me very few of these apps are generating sufficient revenue to fund this company and one has to question how they can progress to the next stage.The results are poor when one considers the explosive growth in the app industry.

The big difference to the previous run is that this product is now up and running and Bwin is not going to associate itself with something that it feels wont work.They will test this product with their established loyal client base ,ascertain what needs to be rectified and then expand its operation through other devices to new customers who are likely to be less patient unless these products are easy to use and efficient. Add medium gambling deregulation in the U.S and this company looks grossly undervalued.