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I would sell every share if I believed that.
Key takeaways from @USTreasury - @FHFA agreement
— ACG Analytics (@ACGAnalytics) September 30, 2019
1. Another example of Trump Administration following through on it's words. Suspending sweep by end of Sept telegraphed for weeks.
2. No #GSE commitment fee yet.
3. Permanent agreement in line with Report, per letters.
Agree with you 110% there. I am a true patriot through and through. My twitter acct. stckpkr7000 will show just that. That said, the wheels of justice take time in this new era and there are many bad players with self serving interests. Today's news can't be looked at in a negative manner. It's another positive move in the right direction.
Exactly! Sing it out loud brother!!!!!
Man, you can lead a person to open the bottle to drown their blues. I truly understand your cynicism, but it's not healthy for one's soul. We are ABSOLUTELY moving in the right direction! Sometimes one needs to step away and recharge their batteries via hobbies, work, family, friend, etc.. I try to avoid this thread at times as there are too many posters who will simply cause one to become frustrated and take their eye off the prize.
Agreed, its positive, yet slow and full of f*ckery. We're moving in the right direction despite the games being played. Slow and steady works for me.......
Yes, they are gradually moving towards our ultimate goal. Did anyone actually think they would simply say, "our bad, we were wrong." It will be gradual and allow the sp to appreciate with time and news flow.
I couldn't disagree more. The government isn't going to simply capitulate in one fell swoop. This will be a process and this is a big move in the right direction.
WRONG! It's massive progress, and we're moving a direction thought impossible not that long ago. It's the inner beltway two step as the government will slowly cave to the law without admitting guilt.
It's possible they don't make an announcement until Monday, or they simply stop the current sweep and release the letter after the fact. NOTHING would shock me........
Institutions can buy in. It would open the flood gates BIG TIME.
There has always been a HUGE back and forth on the topic ever since online trading came to exist. In fairness, maybe things have changed since my fund days, but...........
Did this many times with when I had a long position on a small float stock.
If you say so my friend. No biggie.....
Put in a limit order to sell your shares and they can't be borrowed for shorting. I once managed money for a living. Not trying to sound like an arse, but I know what I'm talking about.
No, it locks up the shares from being borrowed by the shorts. It's not a myth........ That said, some platforms don't allow a limit order placed high above the current ask.
I won't disclose my position size, however it's the largest single position I've ever held going back 25 years.
Bove should have retired after the 08/09 crisis. He is an elderly man (nothing wrong with that) whose best calls are WAY behind him. His opinion is meaningless imho. That said, I'm 100% invested in the common shares of fnma.
No, it's inner beltway political nonsense, and yes, the shorts are trying to put sell pressure on the GSEs to shake out weak hands. Trump has ZERO chance of being impeached, but the average retail holder is emotional and naive sometimes.
Ackerman is a complete and total low life imho. There is no way in hell he's not working for the big banks.
Today is the day we bust through and hold onto that 4 handle! We have chopped and based for a long time now. Any REAL sellers should be exhausted at this point. Good luck to all!
I will personally open a court case if this is accurate, however I don't just the scum who "reported" this story.
That explains why I have him on ignore.
He's a prick!
No worries......... We're all students
I hear ya brother. I was hoping for more, but I'm not as negative after reading through the details. Yesterday was a technicality to hand the ball to MC and warn clowngress about the coming changes. The sweep will end shortly and things will proceed.
That was yesterday's volume.
41k pre market for an OTC listed stock is considered high volume. I hope we uplist before the year is over.
Without a doubt! I spent the evening reading over the details and I'm absolutely positive yesterday's release was clearing the way for MC to do his thing, and it put clowngress on notice.
Yes, but the majority of those shares traded at 2.97 or so. Stick with the facts or we'll assume you're part of the freak circus on here.
BINGO! Josh shared several nuggets worth reading.
From that article:
"FHFA is expected to release a rule on Fannie and Freddie’s capital requirements this fall, a condition of their release.
Right now, the companies are each allowed a $3 billion capital cushion — the rest of their profits are swept to Treasury each quarter.
That could change as soon as this year: “Treasury and FHFA should consider moving up the capital buffers, so that could be a near-term” action, the Treasury official said."
I guess they are doing the inner beltway two step. This will give clowngress a chance to say their piece and add their negative 5 cents.
Josh is the man with the plan. If he;s speaking GSEs, you listen.
Furthermore, and very importantly, #HERA explicitly prevents #UST from interfering with the actions of #FHFA as conservator. Thus, #Treasury’s role is limited to that of creditor, counterparty to the #PSPA & authority over determining if they will provide paid for credit lines.
— joshua rosner (@JoshRosner) September 5, 2019
VERY likely and this was a signal to the 5th. A ruling should be coming soon enough.
Agreed, the number is certainly higher than a 3 handle, but the OTC is the garbage pit in the trading world.
I'm guessing some selling pressure at the open and a slow grind to recover much of the selling. It's a start, but I was hoping for a true end of the nws. It shall be interesting over the coming days and weeks.
We heard you the last 3 times you stated the same thing.