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Don't give them any ideas, all they'd need is an excuse.
Good post. It'll be absolutely criminal if the courts don't set fnf free or at least return the dividends to the share holders. I think demarco leaving is a good sign of things to come. Now is the time to be in fnf major good news could come any minute. Whoever is on the short side when the big announcement comes will have a very bad day. Looking forward to good days in the near future.
Or maybe "MacBack"?
I'm with you. Not worried at all. They have the best attorneys money can buy and everyone knows Fannie isn't going away.
Got some @ 3.50
I'm thankful the price is where it's at today. I'm buying more today for last time in the foreseeable future. Then I'm sitting on the bench watching how it plays out.
I know it has been said over and over but the fact is that FnF are in Conservatorship NOT Receivership which means the government CAN NOT Liquidate or shut down FnF now that they are profitable and are returned to pre crisis levels.
If the government wishes to reform FnF or do any MAJOR changes they have to FIRST release them back to the shareholders then they can go about reforming them.
This is all according to the laws of the conservatorship.
The government should start cleaning their hands with FnF and go about it the correct way before the lawsuits uncover all the foul play for everyone to see. I think the best way for the gov to clean this mess up and come out looking good is to release them for now and then figure out any reforms that need to be done, it'd be a win win all around in my opinion.
Bove! Dang auto correct!
I think it is November buying, he said he wants to squeeze the shorts. Go baby go!
I come from the same place.
Signed. Not sure if it will go anywhere but if it helps anything I'm for that.
Awesome!
If this keeps up shorts will drive it higher. I'm sure they were all drooling at the bell this morning.
Exactly. Ask detearing if this is his first rodeo and he'll tell no.
Wow! Go Fannie go Freddie!
Where's became? Green!
Job well done! Did you do all of the highlighting to? Thanks for sharing! This board has been off the charts with people doing their homework. A+++
Nice Find. They must be talking about some other investors besides shareholders though right? I mean they can't be talking about shareholders there.. If they were talking about shareholders there than anything you read from a official government document could be 100% a lie or false. Just saying because shareholder's confidence has been the LAST thing on the treasury's list of things to care about.
Just bought more @ 4.59. This is the highest I've paid so far. First time I bought it was $.76 a year ago. Best performing stocks over the last year so can't complain. Go fnf!
Nice job Crawford. I'm still here although I don't post much anymore, I like reading intelligent posts. Your dedication to these gse's over the last year has been awesome.
I agree! Good synopsis.
Wow!! Nice!!
Brutal!
Ok I haven't tried trading with coinbase yet but it was in the drop down box of available accounts and I set it up. Thanks.
I was watching znga a few ago when it was around $2 should have got on that. It'll jump tomorrow. Good job!
Btx trader supports coinbase right now. I just set it the other day with the api key.
Exactly! I think all the miners are giving up and just buying bitcoin now. Wish I had a terracoin in hand right now though. Even with the difficulty at 1.4 billion it'd be pulling in $570.00 a day right now. But come march it'll be doing about $40 a day if the price of bitcoin stays where it's at. It's fun to do the calculations and dreaming.
I meant I'm mining bitcoins. I have a special computer that I use in a website pool that connects up to other computers that handle the bitcoin transactions and for doing that we all earn small amounts of bitcoin. My miner is pulling in 0.024 of a bitcoin a day right now, not much but it is adding up. It is a butterfly labs 60gh/s. A few months ago they were selling for $15,000 on ebay now they are only selling for around $1800.
I wish the best for you and bitcoin in 2014. Wish I would have got on the bitcoin wagon a long time ago. I started mining a month ago but that's looking like it is coming to an end soon. I had over a thousand bitcoins that I got in one day by playing on a online casino website back in 2010, but I didn't know what bitcoins where or how to cash them out. I then reformatted that laptop's hard drive so lost all the bitcoins dammit. Oh well go WPCS!
I hope you are right. I have to go reserve some more shares over at Fannie and $5 here would help. Go WPCS!
According to their tweets the final btx platform will be running in Early 2014. Go wpcs!
2014 is the year for bitcoin and WPCS. Tips are accepted for that info by donation to this bitcoin address:
1AZDNzdXts1RjxoPPq8ReDYE6TaZrdQoBK
Thanks! Happy NEW YEAR!
Right there with you. 7k at 2.31. You always seem to be at the right place at the right time so I feel better. GLTU
Just got in. Hope I'm not too late.. I normally wouldn't jump in after a huge spike like that but reading the news got me a little excited. I've been bitcoin mining and everything with bitcoin is huge right now.
All systems ready for take off, please stand by.
I agree that's what I've been thinking as well. Well said.
I agree. All these years nobody in authority has said they are going away officially, some have wished they'd go away but and given their reasons why but that doesn't mean anything. At the same time they haven't said for sure they are here to stay probably because they are waiting for a final moment when they can say the American taxpayers are in a safe position to protect taxpayers from any further investments in fnf. I think it's just a matter of time when they release fnf back to the shareholders and let them build a substantial backstop to protect the American people. That's the right thing to do and they will do it imo.
Still here! Go Fannie. Almost got out last week but didn't.
This is good news. It almost spells it out that mr watt is going to support stabilizing the gse's and returning them fully to their previous status. Mr prez will back this approach as well. Imo.
And so it begins and the plot thickens already now that we know the gov's attorneys approach. Hopefully our attorneys will be able to counter because i'm sure they can do a good job of answering those 4 points for the judge. I'm the judge will want to look at the terms for a conservatorship and then he'll find out about the sweep and he won't be happy about that.