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The technical damage is done, the trend is now lower.
Court stuff can change the direction but we are in a bear mkt
Not a recco
30 cents
Not a recco
****Breaking****
Maybe not on FMCC if they win
Not a recco
Lol. 99.9% probability if we lose and highly likely even if we win.
It’s not implied. If the government wins in court, they may convert the SPS and warrants whenever. See AIG
NOT A RECCO
Capital structure matters
Pretending like it doesn’t matter will be paid for later in poor returns.
Good luck
Now? Or before and now?
I got the scoop! Right?
Slap that ask?
Two weeks
Epic coffee or just plain?
It was epic kinda? Yes?
Lol. Sandra learned a phrase sitting behind Mel Watt, “it’s up to Congress”
Plz focus on tangible events instead of contrived things.
I mean, unless you have a source for how preferred are made whole and the SPS and warrants are cxld the same day. That wet dream died long ago.
Not a recco
Interesting. That wasn’t Judge Sweeney’s opinion in one of her filings
But carry on
Not a recco
Don’t care but I hope that she does well.
Not my play. Preferred has been and will be
Not a recco
If Lamberth’s court is still loose lipped like summer 2014, 75% or more.
Not a recco
They do. Usually in the cargo hold for animals
Not a recco
Is FNMA common included in the class?
I read in court papers that they are not
FMCC is
Not a recco
Eh. Nobody is doing great from 2019.
Make choices, live with consequences of the choice.
Not a recco
Wat???? I don’t see triple trains like at 4.20 on the day after the win in court.
Sell the pops!
On shares you sold? Zero compensation in Lamberth’s court whether common or preferred.
Any common shares in FNMA? Also no settlement on those although it could change in the ruling(who knows).
FNMA common is excluded from the class action.
Not a recco
Massive upside likely is gone for common. We’ll see I guess.
This trade has been over more times than I have hung out with your gf this week. Tell her I said hello.
September 2008
June 2010
August 2012
October 2014
June 2021
Not a recco
Yes
I guess you do you
Good luck with it
Good to see you posting. No idea what happens but I still believe that it’s a matter of time before we win in court or a release happens. Running them thru rship would have been better and still is.
That can never happen imo because of the MBS mkt and concerns over those MBS markets.
Problem is if we lose in court it might be a while. That’s why we should win in court
No end and clear intent in the emails that they are taking everything forever to wipe us out.
The emails also indicated that they would make more money from the sweep than the 10% dividend structure. That’s the court filed evidence in Lamberth’s case. The coolest one is Susan McFarland testified that she told Treasury that they were going to have 50 billion dollars come back on the balance sheet in 2013(and it runs through the income statement) that the DTA was coming back.
Mario Ugoletti lied about the DTA not being discussed. Susan McFarland testified that she told them about the 50 billion 8 days before the net worth sweep. She is listed on Treasury’s list of guests on the day she said she told them.
Not a recco
Agreed. The best time to buy is when there is uncertainty, angst, worries and anger.
Hope that you are doing well. Just started seeing you again.
Not a recco
Yes
But. Thompson was hopeful that FNMA common would get something in his October 2018 discussion on a call hosted by “Elevation”
Buying and selling I guess
Because it must be disclosed if the government were buying the shares. That is securities law.
It’s not legal. But what’s new with people doing illegal stuff like taking 100% of the net worth of a company into perpetuity right before a massive windfall. Susan McFarland told Treasury and FHFA that the DTA’s were coming back on the balance sheet (and would be reported as income) of about 50 billion dollars 8 days before the net worth sweep.
There are emails between Treasury officials saying “we will make more off this than the 10% dividend structure”. There is an email stating that “2012-2020 will be the golden age of profitability for the companies”
It ended up being 60 billion dollars but close enough for the DTA’s first reversal
I’ll take the redemption value plus interest on the amount due at the lowest statutory rate of 6% for the preferred stock. Thank you for playing.
Not a recco
You make it seem like you enjoy your time on earth! Lol
I readily admit that I had massive gains that were not taken. Life is to be lived, not regretted. I am not afraid of anything or any situation. Life teaches the lessons just fine.
Much love
Good luck
Always a recco
I think that contracts matter. Curious mentioned that to me today and it struck a chord. I mean, Fannie Mae and Freddie Mac have to honor every other contract they made. What makes a preferred stock offering circular different than a 20 year contract for solar panels at Fannie Headquarters?
Contracts matter in my opinion.
Everything has been dismissed finding illogical ways but it doesn’t matter until a win comes thru
Not a recco
I hope that I have many more years than that. First, you don’t agree to show me around nowhere. Now you are wishing I only live 4 more years?
Are you okay?
See, life is the journey not the destination. Without the journey, it is not as interesting. Whether you know it or not, we are all on the journey together. Some leave sooner than expected and some stick around longer than expected.
I mean, you’re from there. Maybe you can show me around? I’ve never been so I would not know if it was fast or slow.
I mean, you’re from there. Maybe you can show me around? I’ve never been so I would not know if it was fast or slow.
Ummmm. Okay. So where do you get these numbers from?
At least she has rest, now. Maybe grandma is happier without having to deal with pennies.
Sorry for your loss. I hope that you find your peace.
“For where your treasure is, there your heart will also be.”
At least Navy has led you to the promise land from 4.20 on FNMA to .80
When you realize that you have a pied piper, it’s often too late psychologically to change your course
Those who have sound thought processes can leave the spiral. FNMA might work out eventually but it doesn’t seem to be the time, now
Not a recco
Hmmmm. Interesting. Do you know Patswil and Carlos? Maybe you can hang out with those 2 people. They seem to agree. I do not but good luck with your choice