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I believe in Celtic2011 foresight. I believe this is going up. So grateful to be in early! Thanks for everything Celtic2011. Your amazing!
yes he is.. Praise God for Celtics 2011. He knows best!
Thankyou pipedream,tutter18,and Bhonda. Nice to be a part of the team. <3 Can't wait to see this one grow and fulfill all our dreams
Thankyou Bhonda. Nice to be a part of the team. <3
Have a safe Fourth of July everyone!
Thanks SMART Money!!!
Take care of that pretty wife and kiddies.
I bought in today! SO EXCITED!
SMART MONEY TOLD ME TO GET SCRC ASAP, DO YOU THINK I WOULD BE DOING THE RIGHT THING WITH THE PRICE SO HIGH?
Just trying to make the right decision for my family.
email here or off the board.
Thanks Danna
Newby here..$SCRC looking pretty nice...
News:The Focused Stock Trader has a $10 price target on ZNGA.
http://seekingalpha.com/article/1530792-zynga-s-2-recent-management-changes-are-key-to-future-operations
The day I switch brokers and it goes up nice!!!!!! I cant buy till Wed! uhhhhhhh
I think people may have thought it could have not made a difference. I personally believe it would have given us some answers we so desperately need. Its more political. I signed I even promoted it. I think it time we will see it get released from C-ship. Its just sad not more people signed it to just show support. Maybe if it was now it would have been easier.
Recent NEWS:
http://www.americanbanker.com/video/the-politics-behind-mel-watts-fhfa-nomination1058785-1.html
http://www.wsoctv.com/news/news/local/watt-answers-hard-questions-confirmation-hearing/nYXxM/
http://www.bloomberg.com/video/is-it-time-to-end-fannie-mae-and-freddie-mac-CFUtqmQrQ2uB6nNa1V3ILg.html
http://www.wsoctv.com/news/news/local/pres-obama-expected-nominate-mel-watt-cabinet-fina/nXc4d/#cmComments
http://www.americanbanker.com/video/what-is-the-fhfa-thinking1059996-1.html
YOUR ALWAYS RIGHT... :)
NEWS BELOW: THIS IS WHAT WE SHOULD BE TALKING ABOUT! This is why I'm confused. Seems like Demarco is trying to do good by Fannie Mae and yet DeMarco has been taking steps to shrink Fannie Mae and Freddie Mac according to a blueprint FHFA released earlier this year. Has he changed his position on this since there now profiting so much?????
If So I would love to see DeMarco stay. My reasoning is the last Link...Is WATTS the BEST person for FMNA??????????
Newer article
http://www.bloomberg.com/news/2013-03-15/obama-said-to-weigh-demarco-replacements-as-fannie-mae-regulator.html
http://www.bloomberg.com/news/2013-03-18/demarco-calls-for-new-push-on-reform-as-fannie-profits-return.html
old article..
http://www.businessweek.com/news/2012-10-23/demarco-shrinks-fannie-freddie-without-help-from-congress#p1
THIS one Blows me away is Watt REALLY THE BEST PERSON FOR FANNIE MAE!!!!!!!!!
http://blogs.wsj.com/developments/2013/05/02/qa-what-watt-would-do-as-fannie-maes-regulator/
I can too but when she Said she would vote twice for Watts and that hes was the best person for the job. Everyone laughed and he commented in saying he just might need that! than they laughed again.
Corker what a dog putting words in Watts mouth. Good Job Watts explaining!
Corker putting Watt in the spotlight and asking him questions..
No i sold at 1.07..:(
So I'm confused Is Watts good for Fannie?
Heres are recent articles I read..
http://www.charlotteobserver.com/2013/06/27/4132388/watt-to-face-questions-from-senators.html
--> this one sound good until I read the end am I missing something?
http://www.huffingtonpost.com/2013/05/01/mel-watt-fhfa-ed-demarco_n_3190105.html
http://www.businessweek.com/news/2013-04-30/obama-said-to-choose-congressman-watt-for-fannie-mae-regulator
http://www.huffingtonpost.com/2013/05/01/mel-watt-fhfa-ed-demarco_n_3190105.html
If your not comfortable saying what you feel on the board PM me.
thanks..
Thankyou..still a mess.. Had to go in and get a EKG. Im ok but still pretty sad
We were saving for a home but I lost the down when I sold. I don't know what FNMA will do. Every post news but its the same news. Nothing new. I don't know if Ill buy back in or it will be something called a wash Sale.
I just know number one thing New trader said to me you never put everything in one stock or a spec stock and I did. It was to late. I will try to come out of this . Worried about tomorrow. It will be a red day. Don't know if the hearing will change much. Although I would love to be wrong for everyone sake Would love to see you guys make lots of money. Even though I lost most of my savings MY hearts in the right place always was. I made some friends here and will keep and eye on your guys hoping for the best maybe ill get back in maybe I may not. Not sure my emotions are to high right now and I'm on meds to keep me form getting upset. Will take a step back and look what I did wrong.
FNMA
I need someone to really help me understand what I am doing. I don't really know what I am doing and I probably should not have been investing my families savings. I make all the wrong decisions with FNMA. People would email me and tell me to hold and some would say do you DD over and over and I did. The more I read the confident I felt. The more the stock fell. $57,000
I do believe Fannie Mae will turn around. I do think it will go back up. I just got scared. So don't let me scare you off its a good investment/risk.
I was VERYYYYYYYYYYYYYY overwhelmed. I spent the day in bed crying my head off and not eating. My eyes are pretty puffy right now. I asked someone to once mentor and teach me and help me make a better decisions but that person is just never helpful My dad died in February so I did this blindly and without his guidance.
I wish I could have hugged him today. OK I can barely see the keys. No more CRYING DANNA!
They say if you can afford to invest/lose you shouldn't do it. I never heard that until I bought in. I was terrified it would go under $1.00. maybe I should buy it back but I cant do it blindly. I need some help. My daughter brought me food and I could not even eat every time I tried I got sick.
So if anyone's interested in helping get back In and help me understand more of what I am doing. I appreciate it. Please no mean messages I'm at my breaking point. Its time to focus on making some of it back.
I cant email anyone back as I was so upset with myself I canceled my membership. Ill have to reopen it tomorrow or you can send me your private email or # and I promise to respond.
I sold~ to scary everyday it falls! I don't have week hands everyday it falls 12-25% at this dollar level I would rather get out with something. I Calmed down a little bit. It will be hard week for my kids seeing me cry.
Now I need help..Anyone have any other stock picks for me? Personal message me.
hurts losing $57,000 :(
I SOLD I PANICKED.......$57,000 loss! IM CRYING REALLY HARD i CAN BARELY TYPE. HAD TO TAKE A NITRATE I WAS SHAKING SO BAD!!!!!!!
REMINDER: FHFA new chief confirmation hearing ON THURSDAY. President Obama's nominee Mel Watt probably will be the next Chief, he is a democrat. another Democrat Sen. Reed has proposal for FNMA AND FMCC.
Just a comment. I don't have a link. I just believe in every word written.
ohmygoddard
Staying with Fannie Mae ----Must read
Today, Senators Bob Corker, Mark Warner, and Elizabeth Warren
introduced a bill that would abolish Fannie Mae and Freddie Mac. While it is highly unlikely that the bill will pass, it is unfortunate for multiple
reasons:
1) It demonstrates a trend in our government, which shows that
some are still unaware, or unwilling to acknowledge the events that caused the
subprime mortgage crisis of 2008. In addition, it shows that the same old guard
is working to put in place insurance to protect their special interest group of
bankers (Senators Elizabeth Warren and Bob Corker both sit on the Banking and
Housing Committee – Mark Warner sits on the Financial Oversight Committee). It
is evidence of our government’s failure to acknowledge the root cause of the
crisis: lawsuits upwards of $200B, from Fannie and Freddie, as well as the Fed,
were won against banks and loan originators who sold fraudulently rated AAA
loans and lied about the creditworthiness of the borrowers; lax oversight and
pressure by congress, senate, and the Bush Administration during the periods of
2000 to 2008 allowed banks and loan originators to create subprime loans, with
some exceeding $700K in value; in 2011, banks were found guilty of manipulating
the Libor score to force higher interest rates on buyers with ARM and jumbo
loans. Finally, some in our government ignore that GSE performance shows Fannie
and Freddie’s business model works, and that they outperformed other private
businesses in some cases by 4 times – before, during, and after the crisis.
2) Eliminating Fannie and Freddie would be an extremely
unnecessary, highly costly, very risky and untested scenario. It would take
years, and cost billions of taxpayer dollars to replace Fannie and Freddie, and
billions more in future risk prevention, process refinement, testing, and
development. However this is part of the reason some Senators would like to see
a new organization created; their colleagues in businesses that work in
software, management, and finance would have first dibs on contracts for the
replacement entities. This is the definition of wasteful spending by our
government, and helps line their ivory towers with silk furnishings.
3) It demonstrates that history can and will repeat itself, if
Americans remain complacent about these Senator’s actions. Many Americans sit
idle, while some Senators and government officials work to destroy programs for
the working class, which were created and refined over the past 100 years, to
help minorities buy homes and secure a future. These same Senators support huge
tax breaks for the wealthy, and unsustainable programs for corporations to
shift assets and shelter taxable income overseas.
4) Of course, we are in a housing recovery, but some government
officials, such as Corker, Warner, and Warren fail to acknowledge the reasons
for the recovery. Price increases in guarantee fees, which Fannie and Freddie
requested before the financial collapse, and tighter lending standards, which
were also requested, have lead to sound investments, higher quality loans, and
a more stable housing market. While much of the housing prices in 2004-2008
were part of a larger bubble, there were also a large number of Americans
capable of affording their homes, which were creditworthy borrowers. We are
seeing these same American homeowners help to restore confidence in our
markets, and build a stable housing market. Nonetheless, some people in our
Congress and Senate ignore these facts, because they have a vested interest in
continuing to allow banks to defraud consumers, and permitting the largest
institutions to receive bailouts – while banks lie and cheat their way into
monopoly status. For example, Elizabeth Warren supported increased bailouts for
banks during the financial crisis, but supports Bob Corker’s policies and voting
history of bank deregulation.
5) Furthermore, Ed DeMarco is a prime example of a purely
political pawn. He has fought tooth and nail for bankers, in order to prevent
programs for troubled homebuyers, and helped banks to outright lie about loan
reductions for the HAMP program (see recent lawsuit against Bank of America).
The modifications would have been completely unnecessary if it were not for
banks defrauding customers and selling price-inflated homes to unworthy buyers.
This perpetual financial fraud by banks will continue if DeMarco is not
replaced.
Finally, please write and call to your senators, and explain
that you want them to examine the facts about the causes of the subprime
mortgage crisis. Tell them that you do not want them to support programs for
wasteful spending, such as the bill presented by Bob Corker, Mark Warner, and
Elizabeth Warren. Tell them that a bipartisan effort is not one in which the
participants have a vested interest with banks, loan originators, and financial
oversight committees. These are the same people who forced Fannie and Freddie
to purchase bad loans in order to bailout the banks. Call your congressman too,
and write to our president. Share the petition with them, and ask them to visit
this page. We are working on a site to help spread the word and educate
citizens and representatives in our government, to help stave off damage in
this growing crisis of management, and threat to the future stability of our
economy.
If you care about the working class in America, the future of
homebuyers in your neighborhoods, your ability to own a home – instead of
renting – then reach out to your government officials and let them know the
facts. It might just be that they have not had time to examine the issues, and
many have simply failed to research the cause of the financial crisis, but you
can help serve as a catalyst to educate and inform everyone.
Fannie Mae and Freddie Mac are not going anywhere America can not afford not to have them. Tomorrow will possible be a red day and late Thursday or Friday the stock should go back up. The market was just shaking weak hands. Stay Strong my friends.
he told me to buy FNMA at 3.90 and than sent me a email calling me a stupid daycare mom the following week and telling me I should be ashamed. I don't know why you trust Blue. Anyone can post news.
Hes an #*$$()$)$)!
We knew that the tree would be shaken the day corker intro his bill.
So lets just wait out the rest of the week and next week will look better. Just a few leaves falling to the ground we will be ok. Corker bill will be DOA!
Not giving up my shares. Holding Long tHE Corker BILL DOA
No I never bought any.
Current News. Hate posting this. :(
You will have to come up with your own conclusion. I am not a professional.
http://finance.yahoo.com/news/biozoom-enters-commercial-phase-scanner-111300740.html
http://seekingalpha.com/article/1517382-biozoom-current-shareholders-likely-victims-of-an-illegal-stock-promotion-scam?source=yahoo
Disclaimer: I don't own any shares. Nor have I ever just heard and felt so bad.I don't know what the future holds just a few links I found. T don't know what to say. I just feel bad for everyone.
News: Trex Is Picking Up Momentum
http://seekingalpha.com/article/1505662-as-home-building-heats-up-trex-is-picking-up-momentum?source=yahoo
Holding long! FNMA
I'm ok John they may try to shake my tree but they can get my shares!!!!!
((( We have to be patient and hold strong)))
I'll be shaking my money maker in a few weeks/months making more on this stock than anything I have ever invested in my life.
FNMA Long!
Let this run! ! ! Makes it hard to buy into. They keep scalping off the top. Why can't they let it run stir up some buying. hmmmmmm
Stay strong there going to shake the tree today. Across the board most stocks will be red. Don't give up your shares for a loss. Fannie has some good things coming. Everyone is expecting a crazy day on Wall Street. Try not to get discouraged.
Berkowitz himself drew the comparison to his financial stocks in his June 3 letter. "The time to restructure Fannie and Freddie is upon us," he wrote. "Sustaining our nation's economic recovery requires it. On behalf of the hundreds of thousands of Fairholme shareholders who helped to rebuild American International Group, Bank of America, CIT Group, General Growth Properties ( GGP ), MBIA Inc., and others after the Great Recession - we stand ready to do our part.
Danna Holding long!
Privately owned Fannie Mae and Freddie Mac are critical to our nation's economic security, lowering the cost and increasing the availability of home ownership.
There not going anywhere! They will make some changes with the company in the end they will have to keep Fannie Mae and come to some sort of agreement in order to keep the company going and pumping money into the economy. One day there will be an end to conservationist. We just have to have patience IMO
The US Constitution says the federal government can "regulate" interstate commerce. By "regulate" it meant "make regular", i.e., fair and consistent. It did not mean the statutory reallocation of risk and reward at taxpayer expense in defiance of the natural laws of economics.
site:
http://www.americanbanker.com/bankthink/corker-warner-bill-retains-fatal-flaw-of-gse-model-1059889-1.html
WOW MAJOR BUYS! L2!
Not sure why no major news..
lots of accumulation of shares
Very true! GO $ FANNIE MAE SLOW AND STEADY UP!!
Don't let anyone scare you into selling prematurely.
Previous post! Fannie Mae is holding fine!
Why shake the tree..It just not right