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Your right bonzorunner.
Yellen deferred to Congress just like everyone else has the last 15 yrs. What exactly has Congress done the last 30 yrs does anyone know?
You guys are funny most of you can't tell if it's real p*ssy or a plastic doll. This is not the 1st time the twins have moved like this. You all should go to Vegas your sunglasses will work better there.
After 15 yrs here I think it's safe to say no one past or present has a clue what the actual outcome will be. The facts that we know are; 1. A robbery in plain site occurred, there are Judicial descents and case law indicating an illegal taking, and an active Judicial conspiracy has been in effect for over 15 yrs resulting in consecutive unfavorable rulings. Judge Sweeney said the robbery was nothing short of a mob hit. What we have here is a failure to unite and the gooberments divide and conquer approach still trumps division. That said, and then there were no more lawsuits, no more Bill Ackman I believe we will win speeches anymore. If you were not here the 1st 8 yrs please go back to sleep.
The minor court victory amounts to a small turd. You should sell if you believe the Twins will be released in your lifetime.
People are buying the twins as if the release is forthcoming.
The jurors look like there watching paint dry.
How many loan modifications have you completed?
The collapse occurred in 08 HAMP didn't come online until 2011. LM and short sales were happening well before that. Banks didn't have a crystal ball to help them figure out who was in distress. They requested documents to help them figure it out ie, hardship letter, CMAs, BS and CR. Millions lost their homes before and after HAMP. If you had a 2nd or HELOC that complicated matters further. Those folks processing LM had no clue what f*ck they were doing. LM was just way for gooberment and banks to keep screwing HO. HO did NOT WANT LM they wanted PRs which were far and few. If you watch the news you are misinformed, if you don't watch it you are uninformed. If you did NOT process a successful LM or SS not counting yourself. Stop talking.
Did I say I purchased shares at .001?
triple F have you fallen out of a stupid tree and hit every branch on the way to the ground? Look at a 15 yr chart and you will see the long tail. In BIG WHITE letter 13.60 Hi .001 Lo, Im on TDA I assume you do know how to read chart?
FFFacts the low on 6/1/16 was .001, the high was 2.48, the opn was 2.225 and close was 2.00 look it up it's not that difficult.
Most of us have been a part of this theft for over 15 yrs even with all the DD over that time. The only thing that's been consistent is the inconsistent speculation of what the outcome looks like. In 2009 the stock price was .17 since then there's been 6 spikes over $4, 10 spikes over 2.86. The low 6/1/16 was .001 I bought big, Navy said on 2/2013 sell the spikes rinse and repeat were you all listening? Historical data suggest they may never be released I don't care my shares are FREE but if it happens I'll take the $$ and run. Finally, Along for z ride has said for years NWS is a death trap waiting to happen he's right so far.
WISEMAN your synopsis certainly has merit however, I was with you until you said you indicated loan modifications are possible if you are current on your mgt NOT TRUE. Obviously, if you are current on mgt payments you can't justify the need for relief. Further, the only way one could get a loan modification or short sale was first. The homeowner must demonstrate he or she has a hardship and be delinquent for a file to be opened. The caveat was if you had a 2nd mgt and were upside down on the 1st note. Then if you had the right knowledge you justify reducing or eliminating the 2nd loan. Finally, "Stated financing" courtesy of your gov't, was the catalyst and interest-only loans were the accelerant that caused homeowners to be upside down and ultimately lose their homes in the first place. When you can buy a home without needing to prove you can afford the pymt and the loan officer tells you "just refi" prior to the loan reset you'll be fine. Then a market correction the likes we have never seen happens. Now you have no EXIT compounded by the fact your mgt pymt will double or triple as the loan reset occurs. Thus the birth of loan mods and short sales. Your Welcome
There's no historical data to suggest Lamberth will abandon his gooberment buddies and rule differently than he has in the past. When release occurs take your money and run someone said.
Breaking: all of the F&F stocks had value prior to the gooberment conjuring up a robbery 14 yrs ago. Now it seems the gooberment has convinced you all into accepting the lie that some F&F stocks now have no value. It's been a long grind for some here, I hope you remember this while your all flying your Flags!
For those hopefully speculating about getting paid. This is like having your wife cheat on you while you watch for 15 yrs. Since you couldn't do anything about it she decides to divorce you and take 90% of everything because she never worked in 15 yrs. You still believe she's coming back home. I've been watching like the rest of you and the speculation today is no different than 10yrs ago only the players have changed. How many ways can you say clusterf*ck
It's been 15 years and still none of you can agree on the outcome of NWS. The only constant is the conspiracy is still alive and well with the exception of 2 of you don't you all get tired of repeating the same thing over and over?
I hate RS WINT wasn't moving at .16 except for spike to .38 and it won't at $50 it will move lower until their drugs are approved
Came out this morning at 10 am: Windtree Therapeutics Inc.'s board of directors has approved a 1-for-50 reverse stock split of the company's issued and outstanding stock.
On Friday, the reverse split will become effective at 12:01 a.m. ET and shares will open for trading on a split- adjusted basis, the Warrington, Pa. -based cardiovascular disorder-focused biotechnology company said Thursday.
Windtree expects the reverse stock split to increase the market price per share of the stock, bringing the company into compliance with Nasdaq's listing requirements.
The reverse stock split will reduce the number of shares of outstanding stock to about 900,000 shares from about 44.5 million shares, Windtree said.
1-50 RS coming tomorrow
Stock analyze it is called corruption.
Welp its been 14 years there's no reason to believe it won't be another 14 years.
There is no historical data to believe the twins will ever be released from conservatorship.
There is no indication the twins will ever be released.
Gov't decide to rob 2 of the largest companies on the planet in front of the world for 13 +yrs and now it seems the jury is split. Seems the conspiracy found its way into the jury room. I'm surprised we didn't see a mass sell-off what a clusterf*ck this has been.
THE STOCK PRICE WILL NOT MOVE UNLESS NWS ENDS. Maybe a decisive jury verdict may provide a spike. If the gooberment gets kicked in the ass I expect an appeal. How long will that take?
WHy are you all so excited? Even if every ruling from this point went our way. Wouldn't the gooberment simply appeal to the high court where they've already ruled the NWS was legal at the time?
Like kthomp19 said; As I see it, there have been three phases to the conservatorships:
1) September 2008 - August 2012: FnF were losing money (mostly due to accounting shenanigans), running up the senior pref balance with Treasury, and many politicians thought they should be wound down due an alleged perpetratory role in the financial crisis.
2) August 2012 - September 2019: FnF were making money but Treasury was sweeping every dollar. There were still calls to wind FnF down, even by President Obama himself, but the huge cash inflows were a good enough reason to keep FnF around.
3) September 2019 - present: FnF are increasingly stable, safe, and fantastically profitable. But now the government has no direct financial gains from FnF: $1 of liquidation preference isn't worth nearly as much as $1 in cash because FnF can only be worth so much as companies, and the time value of money makes the disparity even greater.
I find the last phase to be even stranger than the first two. The main reasons I see to continue the conservatorships at this point are:
1) FnF don't have (nearly) enough capital according to the capital standards, and the leverage (minimum) standard of 2.5% of balance sheet assets can't go any lower due to the letter of the law in 12 USC 4612(a)(1).
2) The Supreme Court said the NWS was perfectly fine, meaning an administration (now or in the future) could choose to just turn the cash sweep back on and not fear legal repercussions.
3) FHFA retains much more authority over FnF in conservatorship than out of it, letting the administration have more control over the housing finance system.
All of these have mitigating circumstances:
1) Treasury writing down or converting the seniors, plus a big enough capital raise, can take care of the capital shortfall pretty quickly.
2) The repercussions in the housing system would be potentially catastrophic, though, and Treasury can make money off of recap/release via warrant exercise or senior pref conversion.
3) FHFA's greater level of control can be extended past conservatorship with a properly-crafted consent order.
All in all, there is less reason than ever to keep FnF in conservatorship, and as they retain more and more capital it will be harder to justify keeping them in. Remember that the main point of the NWS was to prevent FnF from building capital and "escaping" conservatorship.
There have been 12-plus yrs of speculation and innuendo about the release of the twins. We hear it today and those sounds continue to be unsubstantiated with any facts or reasonable intel to back up their opinion. After 12 years of goooberments systematic theft of the twins the same song still plays.
Jog49 Navy, Bradford and a few others have narrated in detail on social media the gov't theft of the twins for over 12 yrs now. During that time many have conjured up other baseless theories along the way with the exception of Along4Zride. Who's repeatedly said we'll never reap the windfall were expecting. There has only been ONE truth that the gooberment conjured up the insolvency lie to rob the twins with no intention of ever releasing them and the courts at the highest levels are conspirators in this crime. Didn't one top IRS guy say a divided people are the easiest to rob.
Nearly 2mil in vol but NO pps increase whats up with that?
Correct we have ALL been about this robbery outcome from the beginning. You must admit it's been a great lesson in how to break the law and having the courts agree with you. This type of overreach can only happen to a divided people.
Another person making sense after 12 years besides Navy and a few others.
How many believe the release from c-ship will look the same as before c-ship?
When will privatization happen is the million(s) dollar question. Considering the varied opinions here the last 12 years & counting no one knows...
Rates increased .26 of a % how is that soaring.
Most of you were pounding Watt saying he was the reason the twins are still in gooberment jail. He was replaced by donald and team swamp and still the same shit just a different color crayon.
There is no reason or indication in the 12 years of this theft to believe any judge will rule in our favor, especially Lamdick.
I've been hearing the same theories for over 12 years. Yet here we are in the same place. Glen although well-intended has to post his theories since he's to committed to pull out of this shit. the gooberments view and control has not changed. The courts refused to apply the law along with SC. All we know for certain is. The crooks may never release the twins based on 12 + years of history. Who knows they may be waiting for enough of you to scrap your shares to release. Clearly, they don't want investors to profit from the release. Glad I listened to Navy 9 years ago.