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Not only that, the rest crowd may still keep adding in every opportunity. Some smart ones in the rest may even be selling high buying low so they may trying to increase the share count.
Agreed. Mostly that money will go towards the capital buffers for the company.
Thanks Golfbum.
"As a result of these recent Supreme Court developments, FHFA Director Mark Calabria and Treasury Secretary Steven Mnuchin are working with a shot clock (as if they weren’t already with an election forthcoming). Should they choose to roll the dice and let the legal path play out, they risk not only their professional reputations but potentially their control over the direction of housing finance in this country. According to a Presidential memo released last March and the Treasury’s Housing Reform Plan released last September, the administration’s objectives include ending the GSE’s conservatorship and protecting taxpayers. A Supreme Court ruling vacating the Net Worth Sweep would likely require the taxpayer *to cut a check for $125 billion to Fannie Mae and Freddie Mac and would forever attach Secretary Mnuchin’s name to the largest legal award against the government in U.S. history*."
https://www.boylecapital.com/news-and-insights/2020-q2-commentary
Though partially agree, no one here on the board knows the real outcome and timeline. Just like in AAMRQ, everyone thought 1 AAMRQ = 0.1 AAL just a day before uplist. But it took about 2 years to realize 1 AAMRQ = 1.1 AAL. I am not an expert this is Just IMHO.
All I am looking is $7 or above.
Me too
“We truly take noting to grave with us.”
Alexander The Great’s “ third wish to let people understand that I came to this world in empty hands and I will leave this world also in empty hands.”
https://www.google.com/amp/s/farectification.wordpress.com/2007/08/27/the-final-three-wishes-of-greek-king-alexander-the-great/amp/
65 age limit is good I think. Just IMHO.
Hi Crawford, still here. Thought of you few days ago.
You mean even with Biden (just incase) ??
“Biden has 3 choices:
Recap/release, Nationalize, pretend nationalize/conservatorship forever. SCOTUS will destroy the net worth sweep. Only path is then straight nationalization or recap. Socialists nationalize, capitalists capitalize. Which one do you think Biden will do?”
https://twitter.com/alec_mazo/status/1283130307021901829?s=21
Well said.
Being in here 10 years, seeing this closely, I feel like so fortunate even if this reaches $10.
I think the same but at the same time very doubtful seeing this for the last 10 years.
Thanks for your analysis Ano.
Is Fannie and Freddie next ??
“Buffett’s move toward pure-play state-regulated, sustainability-focused utility operations.”
https://www.google.com/amp/s/ca.finance.yahoo.com/amphtml/news/huge-market-crash-coming-warren-121015499.html
What’s the guarantee if the new $200 billion comes in, and that money won’t be taken out ??
No amount of money never really compensate as some people already died in this prolonged waiting.
Congratulations Navy. Inspiration for others for sure.
Yes. Same feeling here.
Cert granted in Collins. $FNMA $FMCC
@HoldenWalker99
Exactly Amelia. After seeing this all these years, forget about big win, I am so happy even if we get a very small win atleast.
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Not sure wether we reached the end of the tunnel or still far away from it. Only God knows.
Yes about 20 billion plus shares, which are about 20 times to the current count, can make it happen $5/share.
Only God knows about rocket ship, but we are not even moving like a tortoise ?? .
Only 1.37 million traded today. We need 100 million days.
I like this
Well said. I think the sooner we realize this, the better it is for us.
Just trying to push till aft elections. If Democrats win this is gone case.
1 year back 1 FNMA equals 2 WKHS. Now 1 WKHS equals 7 FNMA. What a change !!!
How to feed 733 with $166k ?? 134% higher than average federal agency ?? While the shareholders, the rightful owners of those depriving for the last 12 years. Plundering in the broad day light. No end in this saga to get back what the shareholders rightfully own.
https://openpayrolls.com/federal/federal-housing-finance-agency/2017/page-3
Yea waiting for the last 4 years(Trump in office) if not 8 years(NWS started) or 12 years(Conservatorship started). And still waiting. It’s a big farce still to keep on waiting in here with hope. Still long.
See the WKHS. Would have gotten 2 WKHS for one FNMA sometime last March.
Seems to me that he doesn’t want to take any real action till new president comes. If Biden wins FnF are gone case. If Trump wins then new FHFA director.
Having read @SCOTUS’ decision I’m confused by Dir. Calabria‘s quote to @politico that #Seila “does not directly affect the constitutionality of FHFA, including the for-cause removal provision.” #SCOTUS’ decision states otherwise. Legal analysis please! @KatyODonnell_ pic.twitter.com/NtPBuSglF8
— joshua rosner (@JoshRosner) June 30, 2020
Good observation. Yea here looks like no goal ever changes share price. Just IMHO.