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it looks like it will already open less .10...I bet it runs to .15-.20 and then the buying starts because yes...Britian being in the EU has absolutely nothing to do with FNMA IMO
Even if you're wrong..please keep posting! It is nice seeing people that believe we are going to win and the PPS is shooting higher! Even if they are wrong once in a while :)
Thank You for the reply!! Very insightful...that being said...COME ON SWEENEY
Someone smarter than I is going to have to explain what they are wanting to see...please...
Mike that was one commenters posts not from TimHoward...and it was sent to the clerk so may not even get seen. I don't know how that could even remotely become some procedural delay but I'm no lawyer...maybe Rek or one of the other legal minded members can chime in...
I believe its June 29th
Stockman I don't agree...he always answers everything from a LEGAL viewpoint while most on this board are emotional about this.. myself included. I enjoy hearing other viewpoints than my own...Helps keep balanced. I hope we hear something soon..hope Sweeney releases more docs that could bring addtl light..hope we don't get sent back to Lambert as they just call the sweep wrong..and hope we all can be adult and listen to all views.
So I'm trying to find info on this stockman person that was just added to the board of FNMA and he MAY be another TBTF banking guy LOL..in all seriousness...congrats on moderator position!
Nice read...Thanks Mike!!
I saw this comment that too...but couldn't grasp why judges would wait to give a decision that they feel plaintiffs win BUT still give one more payment to treasury?? Doesn't make sense to me...would think if they felt compelled towards plaintiffs they would halt prior to Payment due.
no..that is the case you are thinking about...and I have no idea how they could submit this this late either. This should have been part of their orals...would love to hear others views too
I guess thanks Surf..lol...what I don't understand and I hope someone can explain is that when they use numbers like 7,5% return that is based on the whole 8 year run at the whole price "borrowed" but in the first year we paid something like 55 billion as I recall and the 10% dividend would have been approx 18 billion so we should have PAID DOWN the orig note and hence substantially changed the "dividend" amount. This as I recalled happened a few years in a row. Had that happened even with the smaller profits now the dividend amount on the smaller balance would have been easily paid? Am I missing something?? Thanks
So...what do you all think happens if Gov. lawyers try and put of Sweeney again??? LOL
Rekcusdoo...like reading your thoughts! What cases do you think we will hear from first? Delaware, Sweeney, Robinson or 3 panel? I think Delaware is as much of a slam dunk as we have and like our chances with others but would love to hear your thoughts. TIA
Isn't this Friday the 10th last day for gov to try and stop Sweeney from releasing more? Wouldn't want to be short over this weekend!
Thanks again Sir for all your diligence when it comes to FnF! This is a wonderful post to read and actually see. Not sure what will happen but get that ball rolling too...this needs to be released and recapped! Ideally relisted!
Commander...which do you think we hear from first? Delaware or appeal? TIA
Another nice piece! I am so happy this has FINALLY started to get the coverage that it deserves! Hopefully we see more from Sweeney in the next couple weeks and hear something on the appeal. Loved the move in the Delaware case which should be a slam dunk in my opinion. Heres to a great weekend for all!!
LOL.that made me spit my drink out! Thanks for the laugh...loved it!
Mike I know its potential also that's why I've bought and have added to my position. I have a large amount in my regular account and a fair amount in a 401K. It has the potential to be big but SO much has to happen to get to where I think it will go let alone the numbers some people are throwing out there. Released, Recapped, Uplisted and Warrants nullified by courts. Not saying these won't or can't happen as I am betting on it also...just alot to have happen. GLTA
Vrock...it's nice to read common sense also..don't get me wrong the guys who spew the huge PPS numbers are fun to read but too much of it gets old and just nice to see realistic numbers also! Heck..once this thing gets moving it starts to look like a Yahoo board LOL
You are really comparing a company that is listed, was the golden child of investors for awhile, that has only 29M shares and is trading with a PE of like 44 to one that has 1.5B shares with the possibility of HUGE dilution that even if we get released will most def have to recap which could take a long time or would require further dilution? The numbers just dont add up..at least to me. Even most of the big guys are spouting 10-20 bagger...that puts it at 30-60 PPS. Thant I could see if everything works out in our favor
What did he have to say regarding Sweeney? Also, Thank You for all the info and intel that you bring to this board. I for one appreciate it very much!
I saw...this isn't moving big until we win a case and then it wont be anywhere near those numbers...nice but 161 is unrealistic to me without a reverse split lol. I was replying to Surf who nailed his prediction today of 2.17 high and close at 2.08
so...whats your crystal ball say for tomorrow? LOL
Commander...wasn't able to listen to call...damn work!! Can you give us a synopsis of the call? TIA
Looks like a good call on your part...hopefully it jumps back up
LOL..I too think it can get to $150...well with no warrants, punative damages paid back to FNMA and a reverse 1 to 5 split...
Look...don't mean to ride you but you ask simple questions and when you get a simple answer like Rekcusdoo gave you get offended. Its true...different companies...different outstanding share count...different earnings and revenues...different just same business models.
the case in front of Judge Sweeney is still in the discovery phase. If you want to blame Obama or the Executive branch then yes...do. They would not cooperate and release papers that were asked or better claimed executive privilege. How is that Sweeney's fault?!? Oh...because she just should have said we win! LMAO
So you think Sweeney is following executive orders? I see it as she is being very cautious to give due process..no reason to retry. Her tone is not one of a follower to me. The Kentucky case ( Robinson ) just released more docs...do think those orders came from the executive branch? Maybe its you who isn't seeing clear enough...or making sense
Seriously? SCOTUS nominations are about placing a judge that views the Constitution in the same vane that the party, in this case Republican, values to help propel their agenda. The Obamacare verdict just a few weeks ago shows that not all judges simply "follow" executive order and if you have read any of Judge Sweeney's comments she def isn't following what the executive branch is saying...what point are you trying to make?
Nice...Thanks Commander!!
People on here were talking that is was Sweeney but both Gretchen Mortensen and now Bove have referred to the Kentucky case(Robinson vs)which is Judge Thaper I believe. Bove is the first that I know that has talked about a settlement in that case as the only thing that I had seen was a granted stay on 4/21/16. I still don't know how/why docs got released from that???
Thank You for sharing that! That answers the question for me of who released the Parrott emails which helps as that means Sweeney didn't and to me gives more credence that she will again in the near future.
Its hard to justify based on wanting another pullback? This is news driven and with so many things happening in the not so distant future how could you not be in if you actually believe that what the government did was wrong? If any of the courts rule in our favor the PPS will move up quickly. I am not one that believes we will be at 30 overnight, I believe that wouldn't happen unless we released, relisted, recapitalized and show profits but I do think that this will pop when there is some good news from the first court that sees the truth.
Since this is a news based stock at this point...what do you think is going to happen between now and then that would jump the price more in one day than it has the last few WITH good news coming from Sweeney?
Commander...you have stated your position that something will happen on the 26th. I had assumed either a Sweeney ruling or Appeal ruling was what you had in mind. Which one are you thinking? Just curious if the Sweeney actions Friday changed your feelings any? TIA
True the President has Veto powers but do you REALLY think one person wields enough power to force 532 others with lobbyist in their pockets to do what he wants?!? No matter who is elected that is just not resonable...just hope the next set of Congress will do more than sit on their hands and stonewall...there is alot that needs work! but it doesn't really change until they change the laws about lobbyist, finance contribution and hopefully limit terms.