Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I wish. I sold everything for fnma but I'm out of that one too. I'll pick up some more fig next week.
Nice BB action. Happy I picked up more today at 1.17. 8.50 sell order is in. lets go.
Thanks for the video chart. I got a kick out of some of the inside jokes (jabs) you threw in there from today's messages. Can't wait until we break through that 50 day sma
Does anyone know what fannie and Freddie have to say about this "winding down" talk. I mean they aren't going to go down without a fight.
If the government's goal is to reduce their risk by getting private institutions to insure a portfolio, then didn't that already pass this year? FHA PMIs are for the life of the loan beginning this year. If borrowers are paying a premium for mortgage insurance and they default on their FHA loan, FnF or the taxpayers wouldn't take the hit. I don't see FnF going anywhere but out of C-ship and back on the big boards.
I don’t understanding all this “winding” down FnF talk. If we go back to privatizing the housing finance system as it was before the great depression, then banks, private investors, and insurance companies will have most of their capital tied up. We wouldn't see 30 year loans and the down payment would go back to 50% of the purchase price. This wouldn't be good for the middle class family trying to get into their first home. FnF provides liquidity so banks can free up capital to businesses as well. Besides, didn't we fix the housing finance system by going to a one page simple English contract and more conservative risk ratios? I don’t hear about everyone with a pulse getting adjustable rate mortgage loans anymore.
Second that. My first ever picks were cramer's "buy buy buy" which ended up being at the top and losing me money.
Nice dd but one question. Wouldn't foreign real estate investors pay cash for these houses which wouldn't require them to take out a mortgage?
Nice. American Bulls confirmed their buy today after close. Hope to see more volume tomorrow
Almost missed the boat today. Etrade tied up my funds since last Friday and cost me the 1.50s but I'm locked and loaded at 1.83.
This will go to “da moon” before it goes to the NYSE. No, seriously, BW will PR about a NASA contract and send KU to the moon. lol
Anyone else think this stock needs to touch the 50 day before the next leg up or are we past that now?
Fannie Mae exec fired amid probe.
Anyone else see this full page article in the LA times business section. Wonder if it has anything to do with today's sell off.
Fannie Mae has fired the executive who headed its Irvine office amid a federal investigation into alleged kickbacks from real estate brokers.
Take profits while you can before the CEO takes this company private.
$1.50? Don't know if it'll get that low, but I sold at $1.87 so anything in the 6s or 7s will be good for me.
Any excuses for Australia?
Inmates are BeBevCo’s new target market? BeBevCo, should stick with vacationers at hotel lobbies or travelers at airports.
Or, maybe inmates just need a good night’s sleep so they are refreshed for their GED, anger management classes, and or license plate making career.
Great idea, but with BeBevCo’s reputation of failed execution it may not show up. Also, at this moment there is no correlation between the stock price and the company unless you believe it’s worth a quarter of 1 cent.
We had a good run today. I was worried we wouldn't make it up as high as we did. I was tempted to pull the trigger at $1.97, but I have a good feeling about tomorrow.
Thanks for all your FNMA news.
FNMA is the only penny stock I own. My price range is between $5-$10 mid cap with high profit margins, revenues, and a 20 day sma close above the 50
What is this nonsense? I looked up this ticker and there's no volume. Are your stock picks up to date?
Just picked up another 2000 at $1.83. Ready for the ride.
What other conclusion do we have? Either the fins are incomplete because the accountant is negligent and incompetent or they are purposely only showing half the picture which is misleading the public.
Dont' let me down blue. :) JK
I'm ready to jump back in FNMA. Do you think tomorrow would be a good day to buy? I think we should see it back in the $2 range by EOD.
If Koma is selling great, expanding into new markets, and life is good, why has the pps declined from its high this time last year when Koma wasn't selling as much and was not in new markets? Should't shareholder's value be increasing versus decreasing?
Nice job. That's how you play the market. Once my funds are released tomorrow, I'll try and buy back in on a dip.
I did only so I could add more to my position in FMNA. Sold that Monday and am holding cash for my next move. RENN's looking good too.
Especially since they caim their building is paid off
If i was, I'd get more out of BW than this stock (ba dum ching)
Thanks. I sold for profits yesterday but can't buy back in until Thursday. I'm hoping I can get a good price before the next leg up.
Blue, I've read many articles on Fannie Mae and the different theories out there about the liquidation and end of conservatorship. What do you think will happen once the treasury is paid back in full? Do you think the government will release ownership back to the shareholders, dissolve, or merge FNMA and FNCC into one?
I'd like to see the company released back to the shareholders and a share buy back once the government is paid.
I'd join just for BWs signed trading card. :)