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hedge funds manipulating the market. i believe in this company and the bright future for the gse's. typical manipulation before good news. Nobody sell and they need cover 30M of short shares.
...and preferreds (fnmas & fmckj) there. Commons are overselled!!
Fnmas & fmckj are there and commons droping, this drop is a fake!!
i can feel afraid in short's words. shorts, are you nervous? i know you need a lot of sells to cover... don't worry i will sell you my shares, but no at this prices... ;) tick tock tick tock
Shorts are working hard, but we all know how it finish, ending conservatorship (by voluntary form or for obligation)
FHFA:
Annual stress tests to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions.
Copy paste from tim howard (former CFO of fannie mae)
As you’ve already noted, I don’t support Treasury’s exercise of the warrants to give itself 79.9% of Fannie’s and Freddie’s common stock, for two reasons. First, I believe Treasury’s granting itself the warrants in 2008 can and will be challenged successfully in court, and second, warrant exercise would cause a fourfold increase in shares outstanding at both companies, making it extremely difficult for them to raise through still more equity issues the significant amount of capital they will need to achieve adequate capitalization as newly private entities.
If Treasury did exercise the warrants and sell (in blocks over time) the newly issued shares, it would eventually lead to private ownership of Fannie and Freddie–with Treasury getting cash from the proceeds of the sales. But I’m not sure what would motivate Treasury to give 15 percent of its shares to an affordable housing fund. As to returning all the excess money paid to it because of the sweep, I believe Treasury will be forced to do that by the courts, and that it will have no alternative but to repay these monies by retroactively paying down the balances of Fannie and Freddie senior preferred stock. With little or no remaining senior preferred outstanding (paying an annual 10 percent after-tax dividend), both companies would be able to retain the bulk if not all of their earnings, and thus be viable as stand-alone companies. At that point, FHFA could free them from conservatorship, whether Treasury agreed with that decision or not.
https://howardonmortgagefinance.com/2016/07/11/the-fhfa-letters-decoded/comment-page-1/#comment-1123
Any company that can earn $2,5 per share one quarter, can't trade at these levels. The time will give the reason to the longs.
Something says me that all this money will comeback to the company very soon...
As i guessed on yesterday, finally $2,5EPS. This stock is undervalued i can't say no more, the evidence is there. last days someone talked about 'reverse split' but what stupidity!! with a rs 5/1 then we will have $12,55EPS
Tomorrow we will not see $2/share but i am sure we will see at earnings minimum $2 EPS
I think....no! But with $2EPS and trading below 2, is not a real value. Wich is the value of this company? $2.235mil market capitalisation? What a joke...
Tomorrow...earnings!! I feel minimum $2/share and we are trading at these levels. Incredible!!
I know that this value is not real. I feel something good will happen very soon. The temporal conservatorship will finish, the interest rates will rise and we'll own two of the best profitables companys in the world ;) the time is a good friend of a good investments.
This company earn 933 mil in one quarter and have a market capitalisation of 1120 mil, this is not normal. The value is more high, for this and other reasons i'm in without afraid. At the end, the longs will be the big winners!! i admit that i like when the shorts are burned :)
Yes!! From $2 to $22. This is a profit of 1000% for longs or losses for shorts. Good luck shorts...and thank you for those cheap shares ;)
I understand those shorties (or corcker & friends...) that calling the fear to cover the position for the inminent release of conservatorship. but there are not sufficient shares on sale to cover those 30mill of short shares. all the news are positive and i don't see strong reasons to sell this stock. every time i hear the shorts i think the same (this is empty words). at the end the risk reward in this company is very poor for the shorties, with bad news they can win a 30%, with good news, the longs can win easily a 1000%
who do you think is behind these movements?
You can see the chart. on 12th of april went from 1,35 to 1.84 and closed at $1.79
Nobody sell, and some hedge funds are trying to keep this at ground with low volume. last time i saw this went up a 35% in one day
my question is: which will be the value of F&F if we add the value of CSP (owned by f&f)??
Ok. And then i want, as say the 5th amendment "...nor shall private property be taken for public use, without just compensation" a just compensation. If we know that f&f have 5trillion in assets, i think that a just comensation can be $238/share
First, fhfa as conservator can't cancel the shares and second, they only can dilute the shares with their "illegal" warrants (F&F has sent $245b to the treasury)
My sentiment is that fhfa did a stress test at "real time" to the GSE's. They can do stress test to all the banks, but all is hipotetical. in f&f, they dried all they money to see his performance with zero reserve of capital. my opinion is f&f has had a good performance with that adverse situation. as we can expect with two of the 50 best companys. we can talk about how much money they need to be capitalized correctly, but f&f passed the last world crisis with less capital than they expected
One thing is clear, the GSE's are here to stay (i don't know with which role). From my point of view, in this mortage crisis F&f have had a better performance than many expected, accomplishing the role for which they were created (Provide stability and liquidity in times of crisis)
Bruce Berkowitz admitted meetings to reach an agreement with the government late last year. Ackman said this probably would end with an agreement (win-win). now the blog 'timhoward717' is restricted. my question is: are deliberating an agreement behind closed doors?
I think the SEC has to ensure all information in two private companies or traded. The SEC has to ensure correct information to shareholders (transparency)
why the judges are asking about sovereign inmunity if they thought they are innocent. obviously they want ruling against jacob lew.
Dirty form to take some shares, they are trying to get some shares from the stops. This desesperate actions says me that we are near the end...
Every day we are more near to the end of conservatorship (by the court or by an agreement)
Everyone is charged, waiting the fireworks!! evidence is so clearly against government that any further inquiry into the GSEs financials leading up to the NWS is irrelevant. The sweep is indefensible...
Richard Epstein:
"It is easy to agree with Treasury that further discovery is not needed, but only because the public evidence is so clearly against them that any further inquiry into the GSEs financials leading up to the NWS is irrelevant. The sweep is indefensible no matter what that financial condition."
http://www.forbes.com/sites/richardepstein/2016/06/15/untangling-the-gse-foolishness-the-d-c-circuit-should-upend-treasurys-net-worth-sweep/#650486e63dbf
Last trading days we had a pullback, i think there was shorts trying to get all the stops. but the reward was very poor (in shares) and they are nervous, i want remember they need cover 30M of shares. something positive from the courts we can fly to high levels in two trading days. bad business for there shorts, all the signals go in one direction...to the moon!!
It seems an evidence of book's manipulation...i feel they cooked the books..
This movement looks like the rabies of an animal wounded.
My question is: are they wounded?
With this...i feel the big winner is freddie.
Today i smell good run. short squeeze is around the corner. all the goverment's card castle are falling down
Can be these 400 shares traded at 0,001 a form of eliminate the warrants?
Nobody follow them... LOL
Bank of America see the end of conservatorship
http://mobile.reuters.com/article/idUSKCN0VX2PB
Shorts know they can't cover and don't open new positions. At freddie we can see the example, on 5th of may only 60k shares short. LOL
http://otcshortreport.com/index.php?index=Fmcc#.UhZvAhw9UcM
New board of directors, new headquarter...the sheriff has come back to the town again!! :)