My guess is hopefully Friday. But, I’ll be very happy with Monday or Wednesday.
Also, hoping for a positive & fair(!) ruling.

GLTA

Yes -- exit from conservatorship and maintain $4.00 (or above) for, I believe, 30days

I believe trading above $4.00, with $4.00 (or more) sitting on the Bid for 30days. It's been awhile, so I may be off.

Also, they have to be "free & clear," no conservatorship

Yes!!

Correct. The revenues for FNMA qualify it, but it has to be officially out of conservatorship, if I remember correctly.

Great movement up with volume ... hoping it's a harbinger of what's to come.

Yes it is ...

Great insight, excellent call!!

I believe he was referring to the PPS. Christ, even Apple would be trading at these levels if the Gov't did a NWS with them.

I am sure he knows this already. I KNOW the people around him know. That's why IMO, the NWS will end first, then Recap & Release .... the question is not if, but when?

Nice green close today, with a pick-up in volume.
Actually, it's been good & steady all week . . . hopefully trend continues.

Patiently, actually impatiently, waiting for news!

https://www.thebalance.com/what-was-the-fannie-mae-and-freddie-mac-bailout-3305658

Second paragraph:

Oh, I didn't know, then you're like the rest of us: hopeful, optimistic, and frustrated (with a tad of anxiety). I think the Beatles had FNMA in mind when they wrote Helter Skelter.

GLTY

Sorry Jason, I forgot to add something. FNMA (and FMCC) have paid back their loans to the gov't --- with about $60bil extra!

FNMA's revs are about $3bil to $4bil every quarter. With its current share structure, FNMA's market cap is $3.3bil. I mean just scroll on this page and look at the "FNMA Financials" box and in the Profit/Loss section it shows a profit of $17.22bil.

I mean, not to compare apples to oranges, but AAPL has about 4times as many shares outstanding - makes around 3 1/2 times more in profit -- and is trading in the neighborhood with a PPS of $175.

Over the past 10years there so many disappointments re: court rulings, rumors that didn't pan out, unfair gov't action that seemed to go unabated, and more unfulfilled rumors, that investors are just exhausted. They've adopted the ad tag line from many years ago: "Where's the beef!"

But, now the sentiment, tea leaves, etc., have never been better in this past decade... not to mention the en banc hearing is looking optimistic. However, IMO, not until "real" news and plans are officially announced that the PPS will do what we think [hope] it will do.

Now is the time where either you get in early, and put your money at risk, but if it "happens," one will be richly rewarded. Or wait for official news ... invest, less risk, but get in at a higher PPS and possibly finding yourself chasing.

Like all investing, you're just placing your bet.

Correct.

With the right, several bits of news, this is gonna take off north.
If FNMA announces a nice dividend, then I'm right with you on that target ~Blue~

Nice healthy PPS movement up today, coupled with nice healthy volume. No better way to go into the weekend.

Yikes! Alot of buying. . . . looks like somebody is getting a position .... a big position

OK, it's "Power Hour," hopefully it'll be good to us like the past 2days.

That makes perfect sense

Looks like it's picking up where it left off late yesterday!

Exactly, the $180Bil bailout was paid back, with $58Bil extra. That makes it a 32% loan, during a time when this country had historic low interest rates.
We could've gotten a better deal with the Lucchese Family!

Only in your dreams

Yes they have. But, I can't complain, because of that "panic" selling, I picked up a bunch of sub 1.10 shares -- and brought my average down to 1.50.

But, it was getting scary for awhile though.

Agreed. Some favorable updates noted by some in attendance a couple of days ago spurred a nice bump.
If more favorable updates come out tomorrow --- and if we close above 2.5 - 2.55 today - then PPS could threaten 3 again.

Geezus! The volume is already approaching 4million, and I didn't even have my coffee yet!

Well, some of you had better luck than me - last year I wrote but didn't get a reply (FYI, I wasn't snarky or rude). Both Angeloh and Atina got similar replies that "news will be out soon."

Hoping it's something decent (and real). I hate to be a "Moriarty" with the negative waves (and I hope I'm wrong), but I think the news will be yet another:
"Notification That Annual Report Will Be Submitted Late (nt 10-k)"

Got it, that makes sense -- thanks.

Holy crap - new surge of buying pressure!

Was there something else released, or just EOD frenzy?

The audio of the meeting was released:

https://twitter.com/donotlose/status/1088526868234584065?s=21

IMO, now journalists/reporters are gonna schedule some gov't rep for interview regarding statements made on the audio either tonight, tomorrow -- or during the weekend news cycle.

Of course, a stock analyst or two for commentary.

Check out this link from kip:

https://twitter.com/donotlose/status/1088526868234584065?s=21

It was something we had heard about, through rumor -- and many here believed. Some said, considering the history with FNMA & rumors, "it's just speculation, until it's official."

Can't fault that reasoning.
This is as official as it gets nowadays.

Now, it's jump in or chase.

Very nice! Thank you

He was putting up the same logic at $1.00 - 1.04 last month. Those that listened to that reasoning then are probably buying in now.

Those that listen now, how will they be looking at today's price next month?

Agreed. And I think now the markets have gotten weary and uncomfortable with the government shutdown. Hoping it ends soon and things get back to normal, er, uh, as normal as they can try to get.

Ooops, sorry. Disregard the link on the first reply ... that was from "New Year's Resolution" me. It's been edited/corrected.

Allow me to ease your concern ... FYI, from an Oct '18 article:

https://www.thebalance.com/what-was-the-fannie-mae-and-freddie-mac-bailout-3305658

Tuesday will be very intersesting