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This is good for the Perry Capital case to end the profit sweep. The Fannie spokeswoman says herself, Fannie needs to retain profits to recapitalize. Here you go judge, they must retain profits, like any other company. Besides they have already paid $17 billion more than was given.
They know it's dead and want to get it over with now, so they can buy in themselves. :)
We've been awake for a while :) Manipulation, distortion, yes. We can see through it. Stay together, stay strong. Bove just have a buy rating too. May is going to be one heck of a month!
I will continue to hold on tight to my shares. If that was even a hint of uplisting, then if they get their paperwork ready, apply, meet requirements, it could go really fast. The day of uplisting, institutional funds will pour in and if I'm not in, I would be locked out. I have a substantial amount of shares at a great low price. I'm locked and loaded and ready to see what happens over the next month!
So they must stop the sweep, so Fannie can retain capital. I'm glad the Fannie spokesperson said something back.
fannie commercial cnbc just now, hee hee (the good one!) :)
:) Thanks for the good info! That was a good catch!
part of uplisting requirements
Hi Z, Yes I was looking at something that said a clue for uplisting can be the filing of various 8k's notifying investors about the appointment of the required independent directors, also showing the certain committees have the required independent directors (for uplisting). Maybe it is just routine filing, or maybe Berkowitz's letter to the board and court case got them moving to at least get the proper paperwork in place. It would be good to get uplisted, so the institutional investors can get in (those that can't get in OTC stocks).
It should be a good, week, month, summer, year! Hope you catch a big one.
I was almost asleep until I saw Chessmaster's post. :)
I would go along with that! That's only two weeks away!
make it a fine wine! woo hoo!
Hey Rocco2! I think everyone else is asleep!! A clue for possible uplisting can be filing various 8k's notifying investors about the appointment of the required independent directors. Do you think this could be a clue? Is that what Chessmaster was getting at?
nov 24, 2008 FHFA, the conservator, reconstituted the board. Now they need to reconstitute for uplisting requirements :) and/or release :)
It kind of makes sense that something big could be happening May 14th. Proper paperwork does need to be filed ahead of time. :)
what do you think it means king?
As far as the petitions, a lot of people support the cause, but don't want to give their personal information over the internet.
Dick Bove has already been famous for quite a while :) You're right, we need to be ready to march! These companies have been under conservatorship for almost six years! That is unacceptable in the United States of America. It's almost May and if we don't hear about release from c-ship, we should be on the steps of FHFA, the Capitol, in their offices!
Time is out. Most people thought, even if it made it through committee, it wouldn't go any further. As of now, it hasn't made it through committee. Our side is too strong with courts, push for release for c-ship, etc. They just have to do their thing to bow out now. The ones that are delaying, know what it means. Maybe your letters to them helped!!! Keep emailing your congressmen!! (Even though none of mine have responded.) :)
I think it was the headline in one of the articles. That's the thing about this stock. It makes some of the big wigs rethink if they should jump in. They should!! But...they can't have mine!! :)
Today's low 3.84, yesterday's high 3.91 is what I think he is trying to say. One day soon we will go parabolic and that is when some gaps will fall off the radar screen (apple, etc) woo hoo!!
Navy commander just curious, is the 8:13pm for article Zulu time? Thx great article too!!!
I like how clearly Tim P. speaks. Navycmdr, just curious, why does the time of the article say 8:13pm? Is that Zulu time? which is fine, just curious.
Yes, the Reid part sounded like well-crafted, suspicious politician talk. :)
Crapo starts speaking at 8:20 into video if you want to hear exactly what he said.
http://www.c-span.org/video/?319070-1/federal-reserve-nominations
Crapo said a lot about FnF in his few minutes that was not truthful. Obit pointed some out. I'll be nice and say I am highly suspicious he had even 12 votes secured. Probably 11 :)
They don't deserve more time. If it was important, they could have come back early from their vacations, and they could have all showed up at the hearing today. They need to stop wasting our time and send it to the shredder.
I bet they really only had 11 votes. 11, 11, 11 :). But seriously, why were so many members missing? They just had a two week break.
They said a few days...hopefully they come back Thursday or Friday and say it's shelved!
http://www.c-span.org/video/?319070-1/federal-reserve-nominations
You can watch it again! Link from Obit's post.
Maybe today will be opposite of March 11. That day there was j/c news, 2 hour delay and price dropped big time. Today j/c news, 2 hour delay and fnma, fmcc skyrocket!!!
They already spoke about FnF. Markup/Vote/discussion is postponed. Obit's earlier post has a good cspan link for video. You can watch it again :)
Good news for stock! Thank you!
Thank you Obit! Even better, I'm able to open this link on the pad!
Just for fun, I noticed my email inbox says I have 1111 messages today and the yellow stickie on this board, Unconstitutional bonanza contains Epstein's letter dated 11/11. :)
The only quotes are the same ones from HUD Secretary Shaun Donovan. I don't think Lew's quotes here are anything to worry about. Donovan stands to benefit if legislation goes through, because his role will have more flexibility, thus power. There could be many reasons why he is pushing it, but I don't see quotes of Obama himself saying this bill/proposal/markup must be passed, just Donovan. Has anyone seen quotes from someone else in the administration that they want specifically j/c to be passed?