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FNMA @ $3.44 up 25% in ONE DAY!!!!!!!!!
FNMA up 24% at $3.43!
When they end the GSE, I'm going to be like
<iframe width="420" height="315" src="//www.youtube.com/embed/Oy9-Z7PrEwE" frameborder="0" allowfullscreen></iframe>
Exactly. "Take comfort" in this.
Fannie Mae: John Carney's Massachusetts Decision Supports The Shareholders
Article Link
Hedge-Fund Firm Perry Capital Files Appeal of Fannie, Freddie Decision
Source Link
This is how predictable this stock is now. I will bet FNMA closes at $1.55 today. JMO.
LKEN up 50%!!!
9:45 am, HUGE DUMP, 9:59am BUY BUY BUY. Rinse/Repeat. Does anyone else see this pattern in the last week? Bet tomorrow will be major dumping at or up to 9:45am again, then buying will start at 9:59am. SO PREDICTABLE!
It's all in the charts. Pull the 5 day chart and look at the volume of selling and buying and when it occurs.
Bet the people that put in last minute OPTION trades before the market closes make a KILLING because they KNOW that the first 15 mins of next day market open FNMA will go down. So they win because the bet it would go down when they placed the option trade the day before near market close.
So, they win when it goes down, they buy the dips at 9:59, and win when it goes back up a little bit from the dump. They win NO MATTER what direction FNMA goes. This is easy money for them.
They will do this until we are well below $1. Then it will be flat until news comes out, maybe will start rising again in March 2015. JMO, GLTYA.
Maybe I should put in an option trade near close today and bet FNMA will go down tomorrow starting at market open up to 9:45am and will go back up at starting at 9:59am. LOL, you just gotta laugh at the pure manipulation of this stock from all sides.
Fundamentals? The FUNDAMENTALS of FNMA are AWESOME! Compare the Profit Margin of FNMA to other stocks that are on NYSE or NASDAQ.
FNAM is on OTC and Fundamentals are better than alot of stocks on the NYSE OR NASDAQ
5YR SLS GROWTH is 22.58%
GROSS PROFIT MARGIN is 21.01%
NET PROFIT MARGIN 19.52%
So FUNDAMENTALS are good. What are you talking about?
.27 cents
At least 15 more lawsuits to be decided. Each lawsuit will be appealed one by one. This will take YEARS to play out in court. In the mean time, smart investors are buying the DIPS!
The RSI, is currently at 1.43, below the critical value of 30, which suggests that FNMA is oversold
What link or source do you have for a possible NYSE listing?
Earnings in Aug? Who cares, all of it goes back to the FEDERAL RESERVE. So don't expect the stock to jump just because they made a bunch of money. Now if they weren't a GSE, then I would be more excited about "Earnings Reports". Until they are no longer a GSE, earnings don't mean jack squat!
Anyone want to spec on why the spike after 2:30pm today? News? Someone at FNMA got a nice "reward" or "surprise"? Hmmmm?
Thanks. Exactly, only invest what you are comfortable loosing 100% of. That takes all the emotions out of the trade. I can sleep at night investing this way. Good news, bad news, doesn't matter ; )
Ha ha...I wish
Just sold 500 shares that I bought at .29 cents for a meager $2000 profit. Letting my other 500 shares ride. Had to take some off the table. At least now, no matter what happens to FNMA I'm safe and can let the rest of my shares ride. GLTYA, go FNMA
What do you base your "opinion" on? Wishful thinking? We close between 24-$47 tom IMO! LOL!!! GO FNMA
Castro, what a perfect name for what is being done to FNMA. Dictator take over of a system that has been in place for 80 yrs.
No rhyme or reason for why FNMA is up today. Maybe someone got some last night and is in a good mood? Who the hell knows why? No good news came out. Court delays and extends the gov request to file for protection until July 11th. Plus the new senate nominee wants to scrap FNMA. Wind them down, don't wind them down. Billionaire Bill Ackman and Icahn dumping or not dumping shares. It's just being shorted and manipulated. Let's see if we can drive it down to .29 cents again. Wouldn't that be a hoot?
FANNIE MAE - Volume exceeded 22-day average by over 10.00%
Volume: 15030858.00 at 14:21:32 EST
FANNIE MAE - Volume exceeded 22-day average by over 10.00%
Volume: 14761104.00 at 15:31:03 EST
May 29, 2014
Fannie Mae Announces Expansion of HomePath for Short Sales Website
New Functionality Allows Agents to Communicate Directly with Fannie Mae Earlier in the Short Sales Process
Keosha Burns
202-752-7840
WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the expansion of the HomePath® for Short Sales website, a communication tool created to help real estate professionals efficiently complete short sales and resolve challenges directly with Fannie Mae. The new functionality will allow agents to contact Fannie Mae sooner in the short sale process and preempt potential challenges, decreasing the need to escalate concerns further down the road. The website is open to any real estate professional working on a short sale involving a Fannie Mae-owned loan.
http://www.fanniemae.com/portal/about-us/media/corporate-news/2014/6126.html
Massachusetts Attorney General Sues Fannie, Freddie for Blocking Sales -- Update 18 hours 36 minutes ago - Dow Jones News
By Joe Light Massachusetts Attorney General Martha Coakley on Monday filed suit against Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency in Suffolk Superior Court for allegedly violating Massachusetts law.
UPLISTING and end to GSE NEWS!!!
What's giving FNMA a pop today?
...and for the foreseeable future, unless you have a news source that shows this is going to change some time soon.
Face it, FNMA is a CASH COW for the FEDERAL RESERVE. This is a Pyramid/Ponzi scheme at it's finest!
The FED RESERVE prints a GAZILLION FIAT DOLLARS out of THIN AIR, then is able to RECOUP it from the "PROFITS" that FNMA makes. Print, Recoup, print, recoup, wash, rinse, repeat! LOL!!!
But I guess the FEDS know that the low information people will never catch on, because they're too consumed with JUSTIN BEIBER, KIM KARDA-SHIT-ON, THE BACHELOR, Flight 370, False Flag UKRAINE WWIII, dancing with the stars, or maybe what MLB, NHL, NBA, NFL or any professional sports player is coming out now saying they are the next GAY player, or they are too concerned about who called someone a racist slang name ect. WAKE UP PEOPLE!!!!
Does it matter at this point? All profits that go to FNMA go right back to the FEDERAL RESERVE.
Just got this ALERT!!!
We called FNMA yesterday at $4.60. hit $4.80 and now at $4.50. Although we like FNMA we found a stock that will blow FNMA gains out of the water. Stay tuned as we are getting ready to alert our next monster stock play. Keep your eyes glued to your e mails as we will be sending out another e mail soon about when we will alert this next stock play. Get ready money runners! ALL of our investors will be participating in this next stock monster. This has never been done before and we are excited to say the least.
Hmmm...I'm on pins and needles, LOL!! GLTYA
They will never give up trying to pass a bill to wind down FNMA.
The authors of the bill must have stock in FNMA and are betting FNMA will plummet, which means they will profit if it does. But we have BILLIONAIRES betting that it will NEVER be voted into "LAW". All this bill passage does is buy more time and a few extra weeks or months of profits for those shorting the stock. FNMA WILL NOT EVER GO AWAY. They are the ONLY game in town for affordable mortgages. The gov already made a mess of health care, they aren't going to take on disolving a behemoth like FNMA. Question, AIG got bailed out, why didn't the government make them a GSE?
GOOD NEWS!!!
It passed in the Senate Committee by 13-9, BUT, Senate aides have said Senate Majority Leader Harry Reid was unlikely to bring the measure up on the Senate floor
The vote is a major setback for the Obama administration, which helped craft the legislation and worked to build broad support for it, and it likely marks the final legislative action on housing finance reform this year.
http://www.reuters.com/article/2014/05/15/us-usa-housing-idUSBREA3N1T820140515
Housing-reform bill has insufficient support: Senate panel chief
29 minutes ago - DJNF
WASHINGTON (MarketWatch) -- A proposal that would wind down federally controlled mortgage-finance giants Fannie Mae (FNMA) and Freddie Mac (FMCC) has insufficient support among U.S. lawmakers
GO FNMA!!!
MoneyRunners?
MoneyRunners?
Average 22 day vol up by 10% GO FNMA!!!
5.6129 is the 14 Day RSI at 80%
Unless when they combine Fannie and Freddie, they also conduct a 1000 to 1 reverse split or something crazy like that. I hope the don't screw the shareholders. Also, if they are merged and eventually get put on the NYSE, there will most likely be a 30 day waiting period to avoid massive dumping of shares when it starts trading at $27 or $47 a share. They 30 day waiting period is fine with me, but I hope they don't try to cut the amount of shares that shareholders have by doing a reverse split. I can see the government doing that. They LOVE stealing anything they can get their greedy little paws on.