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This stock looks terrible. Does any know if this was a pump and dump.
I'm new here
Keep sticking it to NITE!!!
C'mon lets squeeze these bastards to .05 today
Don't give NITE anything, gents
Nite in trouble!!
If it gets thru hod, should pop
Running up too fast is not good.
Take it up nice and easy, gents
Whatever, stock still can't stay over .80, let alone .90. Ominous
REAC - Strong close. Ready to rock
That size trade is just MM's crossing stock. Not important
Well said!!
Well I guess if u shorted at 1.20 and covered at .75, your doing alot better than going long at .90 which everyone thought was a bargain.
Last hour volume was excellent and traded nice and orderly.
Doubled down at .0084. I don't usually do it with pinky's. just had a feeling it has one more run to .04 in it. This time I hope it goes up slowly.
My heart can't take another fast run up and crash!!
I agree. There is a good trade around here, but not going over .90. Major resistance there
Why call the company. They lie anyway
Some people just don't get it. This stock will not move higher until there is definitive word in what happens to common stock. Zandi, earnings, housing recovery not enough
The stock price is telling u that. You can't ignore that
If they do half as good as Zillow that's $25 a share!!
The float will be boxed up like a Xmas present!!
Can we trust this CEO? Can we really trust a pink sheet CEO and what he says? Plenty of listed company CEOs sitting in jail!!
I may not agree with you Blue, but I don't call u names. You should be ashamed of yourself.
300 mil shares is only $90,000.
That's chump change for some people. I wouldn't get too excited about that
The problem is everybody is on to APS now. Especially after SWVI. And once these stock start crashing almost impossible to get out of them.
Alot more people aware now.
GOFF is probably done. Why buy more GOFF when a new pump will be starting any day. U can't get attached to a stock. Much too risky. There's always a new one starting
In order to get to $100 a share it has to get over .90 cents first.
OMG!! Fannie Mae got stuck with bad loans
How could that of ever happened?
Just another big yawn.
The CEO has already said many times that he doesn't know how this will play out. He hopes it'll be sooner than later. Earnings go to Gov't right now. Earnings are a non event. The whole world knows they will be great.
Have a nice 40yr hold under $1.00
If your holding FNMA long term, you're playing with fire as no one what the Gov't will do and how it all plays out. Still possibility common goes to zero. However, there will be great trades along the way. So happy trading, gents!! GLTA
If u like at .70, you'll love it at .60
Thin??? What r u looking at
Well u have to admit, it's a lot closer to .30 than it is to $50.
Blue Horseshoe loves FOYJ!!
That sums it up perfectly!!
A bounce is certainly possible and it may be a great trade, may even go to a $1.00, but people here are talking $20-50 dollars a share next quarter after earnings. C'mon
The Gov'ts original intentions was to replace FNMA, FMCC with a new entity which would be private. Common stock would be worthless.
Some combo of private and public entity has been mentioned. No details given.
Going back to the way it was before 2008. The preferreds shareholders and hedge funds are lobbying hard against this.
The CEO doesn't have an answer other than to say we'll be profitable for years to come and he "hopes the Gov't deals with it sooner than later".
Obviously, I'm not getting left behind. The stock is going down in a major bull market.
In a way, I'm playing devils advocate, but so far no has come up with a convincing argument other than wait till the earnings. But what will happen after the earnings (which are already known by everybody)? The status of the common stock will be as it is now.
Forgetting the hype for a minute, does anyone know anything about this company's financials. Their web site looks nice and everything, but how much revenue does that generate? Do they have any cash? And this new real estate channel they just announced, how much revenue is that expected to generate. Do they have the funds to develop this new channel. Does anyone know anything about these guys?
The problem is Mr. Mayopolous hopes a resolution comes "sooner than later". We all know how the Gov't can drag it's feet.
The fact is that because of the profitability of FNMA, it is now a very complicated situation. It just seems that the Gov't will milk FNMA for every dollar it can get. That will help the preferreds but not the common shareholders. Hence, the rally is in the preferreds.
And no one likes to hear it, but as it stands right now, owning the common shares is like buying a lottery ticket.
At .75 and dropping, the common stock is telling you that, plain and simple.
We're in the biggest stock market rally of all time. FNMA goes down everyday. Ominous