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Ok. Proof please
No worries. PPS Will come back up to 2.50 during power hour today
It is a risk you take to make money or to lose money. This stock may gap up tomorrow to $3 for a reason, and you would be chasing it to buy in. It does not take much for this stock to gap up. If Mr. Mnunchin or DJT were to say something positively about GSE tonight, this stock will gap up early morning and you would be chasing it to buy back in.
Why put the cart before the horse? Should you be more concerning with ending of sweep and ending conservatorship first? Who cares or why argue about preferreds or commons when sweep continues and conservatorship continues. This is so silly to see daily arguments about preferreds and commons on this board.
We may be limbo like this (no sweep and yes conservatorship) for the next 6 years if Trump wins his re-election, and he will want GSE the way it is now and he wants free GSE monies to balance his budgets for the next 6 years.
On the other hand, If he does not think that he will win re-election, he will cut GSE free from sweep and conservatorship so fast before you can finish spelling FMCC/FMNA.
Here is my take on this.
Mnunchin, calabria, Otting and all the players take directions from DJT, whether you like or not.
Ending NWS and conservatorship depends all on DJT and whether or not he is going to win the white house again for the next four years. DJT will want GSE free monies if he thinks he is going to get re-elected. Of course free billions of dollar will help DJT to balance his budgets this year next year and 4 more years after that. Every politician today is selfish and wants all the glories for himself.
If DJT does not think that he will get re-elected, he will push for ending of NWS and free GSE really quickly before he leaves the white house. Besides DJT will definitely do not want to see free GSE monies going to the democrats.
Therefore no actions or any delays to ending NWS and conservatorship will depend on DJT regardless of other factors (en Banc votes, Calabria, or Mnunchin, Otting,etc..).
This is My only humble opinion, and should not be used for any basis of your wise investment in FMCC and FNMA. Doing your own d&d is required prior to investing in FMCC and FMNA.
PPS will retrace starting at power trading hours
Very funny but could be true
Agreed. Would be an inappropriate place to give such an important announcement.
Are we investors hallucinating to think of these possible scenarios?lol
Somewhere i read it said that these guys otting, calabria and munchin will be doing this but not for the benefits of the shareholders. What a bunch of craps. Dont you agree?
You used the correct format, but someone else did not which created some confusion
American and European day and month are reversed when dates are written. 1/3/2019 is not march 1. Nothing happened today other than a two days of rest (hopefully) are coming up.
Political news plays a more overwhelming role over technicals for FNMA in my opinion. It is difficult to use technicals to properly analyze FNMA PPS. Im sure ClayTrader agrees with me. He may have for-the-time-being moved on to another stock where his stock technicals can be used best.
I did pay in the 4s as you did and picked up some more in 1s, 2s, and 3s. I know I am still in the red and going back as far as 2008. My timings have always been bad. I have a very good feeling we are going up from this point in time on.
I am buying more for myself with everything I have
Favorable Enc Bance court rulings are coming up sooner than you think. When positive Enc Banc court rulings are passed down if happens before Calabria's confirmation, Mr. Otting can definitely exercise those court rulings immediately like ending conservatorship and recapitalization without the need to have Mr. Calabria being there.
Court rulings can be ready when they are least expected. Could be as early as tomorrow, this Friday or soon.
Excellent tweet commander! It is so unfair to have so many uneducated and/or corrupted govt officials overseeing Fannie and Freddie (F&F). We need tweet like yours to stop the misinformation and lies about F&F, especially from gov't official with an intended hidden agenda. It is OK for govt officials to make monies like any other investors, but it is NOT OK for them to spread lies to manipulate stock prices. It is a fraud and cheating on the rest of us investors.
[You do not have to be smart like Mr. Warren Buffet to get wealthy, everyone knows you should buy stocks like FNMA or FMCC when they are cheap]
Big jumps will come sooner than you expected now that we have the right people in place to stop the illegal money stealing and to set things right
Good find. Thanks Doc. Our hero Calabria will be voted in this Friday.
You do not have to be as smart as Mr.Warren Buffet to get rich, everyone knows that you should buy stocks like FNMA and FMCC when they are cheap now.
Excellent NEWs: Calabria will get his senate votes this Friday. FNMA should close Green today
I do not care what everyone else is saying on this message board to instill fears and doubts in us investors. Every negative statement from anyone here has a hidden agenda..... As soon as the favorable En Banc rulings are passed down before confirmation of Mr. Calabria, Mr. Otting himself will exercise his authority to set things right - immediately ending the conservatorship, and the rest is history. The court rulings can be ready when it is least expected, could be as early as tomorrow, this Friday, next week or soon. Mr. Otting will be the hero.
Recapitalization before release can definitely be done.
If you have not noticed, things are very different now. We lost cases during the prior president's reign. This is President Trump's time, and I have a good feeling the court rulings will be favorable this time.
Favorable Enc Bance court rulings are coming up sooner than you think. When positive Enc Banc court rulings are passed down, Mr. Otting can then exercise those court rulings immediately like ending conservatorship and recapitalization without the need to have Mr. Calabria doing it.
You do not have to be smart Like Mr. Warren Buffet, everyone knows you buy stocks when they are cheap.
Reform plan is obviously not tied directly to the R&R. All of us investors here understand that, but do you think the financial committee and Congress would let R&R to take place before reform without causing lots of troubles? As much as I and all other FNMA investors want to see R&R to happen soon, I think Calabria, Munchin and WH politically want to play the bipartisan card by waiting to see the Congress financial committee either fails to deliver the reform plan or to deliver a nonfunctional plan. Once Congress fails, Calabria and others can then make their move - executing their R&R and implementing their reform Plan.
Market makers are still controlling pps tightly. There are still many buyers waiting on the sidelines for the R and R news, and it is the volume from these buyers that will drive the PPS up. I expect PPS differentials for the time being will be within 5% or less for a little while. Hopefully not a long while. FHFA and Treasury are waiting to see and debate over the reform plan developed by Congress financial commitee before they can act under the direction of the WH.
This is a question for the market maker. Your guess is as good as everyone's else around here on this board.
It is definitely different this time.
Logics. common sense.dont want to miss out attitude
Common, c'mon. Why fight it. Join us. Dont lose out on the big ride which is coming sooner than you think
Power trading = catching-up with the frantic non-stopping asking price buying.
Got to buy and own shares over the weekend. No telling what happens on Tuesday morning
Power hour is approaching. More good things coming next week. Why wait.
seems like the market maker is still controlling the pps anyway, otherwise it would have gone through the roof already.
I suspect there are lots of insider traders which is a good sign.
Why would Mark C want to shoot himself in the foot? The important thing right now is to kiss asses and get in the door and get his position first! ...C'mon people. what are you thinking? Do you expect himself to scream out during the confirmation, "Free GSE you assh'le !" He is doing exactly what he needs to do to get in the door!
Agreed. This is not going to go away overnight. Everyone here needs to allow them to implement their PLAN. If you do not own shares by now, you are the ones who get hosed.
Power hour is coming!
I think it is getting more clear to see that Mr. Otting will not be doing any heavy lifting between now and Thursday morning..... We continue to live and learn.
should not matter. It is just a matter of time.
please give reasons for your last sentence in your message.
Lol. This is not a typical stock like any others. It is supposed to go up to the moon by now, but it has not. Since it is an OTC, there is sh*t load of manipulations,swing traders etc..there is no telling what is going to happen to the stock price that day. If you are new to FNMA, dont put all your eggs in one basket. You may get very disappointed. Long investors have been on this road before, it is full of surprises. Our short cousins or the market makers may decide to go deep south and undo all the stop losses along the way. D*mn those shorties. Bc of them, i have lost so much.
What this article is telling me is that Otting will likely no longer be lifting the "heavy load" before Calabria's confirmation. Since the video got leaked, the media, House of Congress etc are now aware of the "Plan" and of the parties involved.
Because of the leak, the involved parties are now carefully making it looking like a bipartisan project by working with congress on the GSE reform . How long will this reform bipartisan play out? your guess will be as good as mine.
What I dont know if Pres Trump via his people (Mnunchin,calabria, Otting etc..) would have the balls to pull the trigger 3 or 6 months from now if the bipartisan efforts yield no compromises in settling the differences. One good example is the border wall saga.
In Trump's bigger picture of things, he wants to win his re-election. Pres Trump will inevitably weigh out all his decisions and actions from now up until the election time. He may not want to risk his chance of re-election by pulling the trigger because he is afraid of not getting his votes from the mass who may side with the Congress in the GSE reform battle.
It looks so so close after 10 years plus of waiting yet still a distance away. The waiting continues! Just only my humble opinion. GLTA