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He laying it on thicker than icing on a 2 year old's b-day cake. Alongz is 6-2 on the Fannie Mae crystal ball and has gotten beaten up good alonzway. Clark IS the icing, after said 2 year old's intestinal fermentation process is finished, and it has loaded into diaper bag.
Funny stuff.
Best post!
BEST NEWS WE HAVE HAD IN WEEKS!!!
Boom!
I see cheapies!
You know nothing.
Absolute garbage article, and you know it. I will bury you with accurate articles that really show what happened. Get out some and see what is going on.
Link please.
If we were to win a court case, you are wrong. Their projection would be close.
I am not saying we will win a court case at this point, but it only takes 1 win.
But THAT is gambling, IYAM.
Think about it.
Moellis is what the plan is at this point, and the valuation even with 4X share count, I posted that before.
That is as bad as a $1000/share fantasy. You know this. Hell, even Moellis showed their estimation of share price after dilution being $10-$13 after all said and done. You can't scare people in the know.
I understand this, but in that process...if some convert and do not sell...
FDIC had shares too, at 1 point. They were selling off just before start of c-ship. They still hold some, if I am not mistaken.
But they can not HAVE any more shares, unless they want to have $5trillion dollars added to the deficit. If they go over 79.9%, gov must claim the debt on US debt clock. They must sell, and that may get tricky. They are at the limit, already.
A slightly lower day once again, even with a little volume. Speculation running wild in overdrive, as lack of any FNMA news has imaginations running wild. With new facilities, and Mnuchin's words from last year being posted numerous times, the impatient will give away their shares to the patient. Bandwidth be damned.
There is a lot of speculation on this board that reeks of bullshit. Give me facts, that's all I want. Ackman buying preferred is a good thing giving him increased exposure to up side of FNMA.
The
SKY
IS
Falling.
I am waiting with the last of my powder, to see share prices below $1, at this point it's FMCC only. If not, I am happy with what I have.
Ted Olson, what does that tell you about Trump's intentions?
I know he'd be even more pissed if everyone in the family blew off his shares, without seeing it through. He had hoped it would pay off before he died, but he knew it probably would not. Many in here from 10 years back had investments that held, and are gone now. We (my father and I) did this as an activity together, I would read to him, posted articles daily, or I would hook up my radio to computer and we'd listen to Epstein at a conference. Fun for all of us.
THAT IS JUST TOO DAMN FUNNY! Dad used RBC for his investing, and when he bought his shares of FnF they would send him letters saying "this is against the advice of our staff, are you sure about where you are investing your capital?" HIGHLY recommending to put the money elsewhere. When he passed last year, we told them that Dad left his Oujia Board to his personal investment advisor.
Now the company comes out with this!
"GOVERNMENT VERSION OF HOTEL CALIFORNIA"
Great quote.
But we are here to make money on Fannie Mae and Freddie mac shares. I scan these boards for news (TY Navycmdr), and facts coming out, even though I may not get all of what is going on. It has not dawned on very many that we are in a unique position here, although it has taken so long. The political situation may have gone differently, and this post could be about me reacting like a mad man. I am happy where I am at, hope you are too.
I caught it, thanks. Staying with commons.
Shape of things to come.
Wait, I thought the Texas lawsuit was 5th circut.
Jacobs Hindes in 3rd circut.
HOLY COW, glad they aren't electricians.
You are sorely misguided.
He has already talked to POTUS on this, so has his buddy ICAHN, and Paulson. Berkowitz too. Now we have AGF jumping in for 67/68 million shares each, they don't drop cash like that for no reason. It's a who's who of activists in this used tire heap, just a matter of time.
BAAAAAAAAAAhahahahahaha.
You fear mongers crack me up.
The friggin goal posts are in sight, he's probably loading his personal acct.
That was a good one that I had not seen before.
Added to my bookmarks thank you.
Here we go.
https://www.forbes.com/sites/georgeleef/2016/05/31/the-obama-administrations-disrespect-for-the-rule-of-law-hits-a-new-low/#4d86c6e84717
Following the collapse of the housing bubble, the federal government initiated several grandstanding, politically-motivated lawsuits against big banks for their allegedly fraudulent conduct with regard to secondary market mortgage-backed securities. Rather than fight the feds and their almost bottomless well of taxpayer dollars, several of the defendants decided to cut their losses and settle.
That enabled federal prosecutors to claim victory and wave some prominent scalps. Siphoning off billions of bank capital is bad enough, but the rule of law problem emerges in two of the settlement agreements, under which the banks (Citigroup and Bank of America) were able to reduce their penalties by making “donations” to favored left-wing activist groups.
Citigroup agreed to donate at least $50 million to “community organizing” groups including NeighborWorks and La Raza and for every dollar above that, the bank gets two dollars knocked off its total settlement sum of $2.5 billion. With Bank of America, the settlement calls for a $100 million contribution to housing-related groups and, again, a two-for-one reduction for donations to community organizing groups.
ANSWER? Fannie Mae and Freddie Mac.
Technically not the slush funds, but close.
http://thehill.com/blogs/pundits-blog/healthcare/287906-panic-prompted-obamacare-lawlessness
And, UNBELIEVABLE to me people short these companies. When they blow up, somebody gonna get hurt. If not by the run, or by flattening the roof of a cab.
GROWTH FUND OF AMERICA also holds 68,082,000 shares of FMCC. They have more FMCC shares than Ackman's Pershing square, over 10% holdings. Fannie Mae has over 15% locked up, Freddie has a full 20% locked, by just these 2 institutions.
https://www.americanfunds.com/individual/investments/quarterlyholdings/agthx
THEY PUT OUT THIS. It's all over twitter, go sign up on twitter.
https://www.marketwatch.com/story/fannie-and-freddie-arent-broken-so-stop-tinkering-pimco-tells-congress-2018-02-21?mod=mw_share_twitter
And 68 million shares of FMCC, a full 10% stake there. They are not throwing $ out there for no reason. Not selling.
I wondered when you were gonna show up. Looks like you musta heard something. How about some due dilligence from Blue to go with it?
No doubt 10 years down the road we get a letter from some law firm claiming we deserve another $1 from unconstitutional losses per share, and we end up with a one time $325 check (after lawyers fees) from having owned 20k shares.
I just think we see SHARE price to the range I mentioned.
Moelis plan/ utility. Figure on $10-15 max.
I agree with that.
Sounds like they had no idea what to do, either.
Just, WOW.
Wow, not ant farther than the guys taking this clip were.
That is what we seem to have burning here.