Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Up .14 and no Boom?!
I hear you! Just voted against all the proposals except Ernst & Young
Oh no, we suck again! It's like Hamish played the pump and has now taken a short position.
It's actually up 10 cents from when you wrote that, and it's likely going to keep on trekking upward (not investment advice).
“The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett (this IS investment advice)
Yes, but one penny over at .41
But that's after using my fnma losses (Dec. 2022) as a result of the horrible scotus ruling to offset gains that year. Happy to finally make back my losses.
I'm holding till we all meet in Vegas, if that's still a thing. Haven't been back to this board in a while, so not quite up to speed with any new developments.
Anybody wanna clue me in on why my fmcc jumped 400% in recent months? Or is this just another pump where new bag holders get hosed?
Think we'll hear a loud Boom when it crosses back over a buck?
Haven't been back in a while, but felt the need to come here to see some BOOMS after logging into my trading account this evening and seeing the nice pop to my balance. Setting fresh alerts so I can follow any new movements in real-time.
GLTA Longs!
Huh? If the doctor had the means to cure your wife's nasty coochie, but didn't... then your doctor is to blame. Especially if he and his nurse, Steve Munchkin, said they'd make it a priority to rid your wife of all that stank.
My phone blew up 10 minutes ago! I had set a bunch of push notifications a while ago for "> or =" in price ranges from 1.55 to as high as 2.96. They all went off at the same time! People around me were like "WTF with your phone?!"
I could only answer that for a moment there, I could pay cash for a nice condo! LOL
Well, since this board seems to have been abandoned... shares jumped up 10% today on news of PayPal showing interest in merging with Pinterest. There is no confirmation at this point, but you know how folks like to "buy the rumor, and sell the news."
LOL! Understood.
No BOOMS?! Somebody give me a damn boom please! I'm dying over here as our shares head to zero... yet I'm masochistic enough to average down if we see .40 or below. :D
But will they make it to the 50 cent range? That's when I feel the "playas" will pump back to the high 1's or even low 2's. I'll definitely average down a bit more if either of the twins break below .60.
Well put.
It's highly likely, and that's why I never go all in. Totally ready to pick up a few more shares if we see .70's. But make no mistake, we will see catalysts that will justify a pump from this price range. Doesn't even need to be significant news for the pumpers to get the ball rolling. I learned to rely on their greed rather than rely on any solid nws or freedom news. The important thing is that commons will not be wiped out and they will "live to trade another day," so to speak.
Yeah, I have more Fannie than Freddie, but I do carry both.
Even without their freedom, MMs will move the twins back to at least the mid 2's before year's end. How many stocks out there have the history of producing a 250% gain EVERY time they flounder to this range?
As for me, and I hate to admit this, averaging down is the strategy I'm force to use after scotus fckd us. All I'll need is 1.45 to break even again. Anybody that doesn't think that'll happen clearly hasn't subjected themselves to the Boom Boom Twins' volatility over the past 10 years like we have! lol
Even without their freedom, MMs will move the twins back to at least the mid 2's before year's end. How many stocks out there have the history of producing a 250% gain EVERY time they flounder to this range?
As for me, and I hate to admit this, averaging down is the strategy I'm force to use after scotus fckd us. All I'll need is 1.45 to break even again. Anybody that doesn't think that'll happen clearly hasn't subjected themselves to the Boom Boom Twins' volatility over the past 10 years like we have! lol
My buys went through for FnF (1.02 and .99). Though I've taken some temporary hits in the 2 to 3 range, I've seen nothing but breakouts from these prices in the past.
Even if we can't rely on the government doing the right thing, we can always count on pumper's greed to get us back to where we were before the scotus debacle. ;)
If SPCE fails, we're in for a short-term loss. So I hope folks aren't playing this game with their grocery money.
Potential for massive loss considered, that loss will only be temporary... just like a successful flight will bring temporary peak before shorts beat the stock back a bit. But in the long haul (3 to 5 years), spce will easily hit the mid triple digits. And that's what I'm holding for. Those who held Tesla, Amazon and Apple through all the short attacks were well rewarded. Same will happen for the spce longs.
Side note: keep some $$ set aside for a future Virgin Orbit IPO... it's gonna happen.
Just posted this over at YConv:
It's all good. The "headfake fomo" is over (except for maybe the afterhour shenanigans). But the REAL fomo starts next week during the countdown to the 11th. No matter how high spce goes before next Friday, wanna know who the true diamond hands are? It'll be the crazy f#cks like me who will actually hold through next weekend!
With a successful flight and Branson's big news, Virgin Galactic will indeed go parabolic,
shorty will get squeezed and weak hands will be chasing to get back in. You heard it here first!
Yeah, 1.5 stars is way to generous considering he was on cnbc last October upgrading the hell out spce. He likely knew something and wanted some shares at a discount.
Ron Epstien who?
Heads-up folks, I just got a permanent ban from the nakedstocks subreddit for a critique I made to the moderator for whitewashing the pump and dumps that happens in the market. For some reason, his weak stomach can't handle the words pump or dump and warned me of their uses... even in the context of describing what folks do. You know, like what happend to nakd at the end of January. Want truthful posts without a freakishly controlled moderation, stick with investor hub, yahoo finance or find nakesqueeze on reddit. The clown at nakdstocks is a b#tch.
Well, maybe a slight snap and crackle. Boom is when someone parlays that fact into something worthwhile.
Nope. Not one bit.
Well, we are talking about $2.5M.
I think a FICO of 725 is fine and dandy for jumbos under a million, but any higher and a bit more justification for approval deserves to be consideration. Okay, maybe raise it a little to 1.5M before getting picky. Considering it doesn't take anything more than good bill paying habits and a lower dti ratio, 800+ isn't that hard to achieve.
Think they're digging a hole for Fannie again? I wouldn't give 2.5M to anybody unless they had a minimum of 20% down, a DTI of 30%, and a credit score above 800.
"Rocket Pro TPO’s product is open to loan amounts up to $2.5 million, the LTV cap is 89.99%, DTI limit is 45% and eligible FICOs can be as low as 680."
https://www.housingwire.com/articles/the-jumbo-market-for-brokers-is-back-in-a-huge-way/?utm_campaign=Rocket+Pro+TPO+April+2021+SS&utm_source=facebook&utm_medium=paid&hsa_acc=1854403477937675&hsa_cam=23848344036690495&hsa_grp=23848344148030495&hsa_ad=23848344148040495&hsa_src=fb&hsa_net=facebook&hsa_ver=3&fbclid=IwAR3ij4EWFiFLe7DJIm-zZlb9kjxhcFKbjkhcQH0RNbw_oHFE4ESM6uuz_20
Over half my shares have been purchased from profits as a result of playing that game. But I too am guilty of holding in hopes of a just ruling by scotus. I'm confident fnf will come back in time, but no one will get any "Booms" out me till we cross over 3 again. Well, maybe a tiny boom once I'm back to even again (1.59 and 1.82).
One of these days Assholerino will indeed get hit by a bus. And one of my life's wishes is to be there with my cellphone cam on when it happens! https://www.google.com/amp/s/nypost.com/2021/06/26/meme-investors-should-heed-manic-lesson-of-fannie-freddie-collapse/amp/
Thanks for the info, and opinion.
Truer words have never been spoken. In fact a little over half my shares are from reinvesting swing trades in fnf. That's the half I'm planning on leaving long once we get back to my average of 1.82. Definitely pulling my capital out of these turdy twins forever once we get back up there. In the meantime, the timing of the current SPCE run couldn't have been better me.
Yeah, scotus can suck it. I don't think it's over for us, so I'm just gonna leave half my shares tucked away for a possible surprise gain 5 or 10 years from now (lol), but unload the other half once I'm back to break even. This 10 year bs roller coaster ride is has been silly to say the least. Just glad I found some other big winners along the way. ;)
Good. If you're not surprised, then it'll just be another day of doing business with these volatile twins. Load up and make some $$... if it happens. Good Luck!
Let it simmer a bit, and you may just see that this is just another one of those glitches we're used to seeing. SCOTUS didn't obliterate us lowly commoners. It just put the foot down on one of the angles that were being pursued. We'll be over 2 again before ya know it. That said, it's a sad day when I'm hoping to simply be over 2 again, but 1.80 is my average and I'm gonna redirect about 50% of my fnf stake to more lucrative endeavors. I still believe, but only about half as much as I did before! :D
I didn't expect ya would. These keyboard warriors that hide out in their momma's basements usually disappear once they're
proven wrong and can no longer get a rise out of anybody.
They will, eventually. They're just not done shaking the tree. How many times we been brought down below .99 cents just to see it get pumped back up.
.89-.99 is where I'll start adding more shares. If fnf drop to the .50-.60 range, I'm buying a fkload. You can always count on greed to bring these back up!
Sweep will not be reinstated. I don't know if the current administration plans to change anything in the works, but FnF are still headed in the direction of release. I think SCOTUS just put a damper on compensation for stolen money, but their decision doesn't stop the wheels that have already been set in motion. It just nixes many, but not all, potential lawsuits for damages. My hopes are that they're limiting the amount the government will be on the hook for and that we'll be compensated by a release and uplisting... even with the amount of dilution involved.
Also, and I have absolutely no knowledge of how this works, but the beating jps has taken may mean the the conversion rate has been severely diminished. Maybe Commons Canceled can give some input on this subject. Hello? CC, you there? :)
Just remember, everytime we get a corrupt decision from the courts, this board deflates and you hear no "Booms!" for a bit. The shorts have a field day, and they create yet another opportunity to average down, or simply open a new position at fire sale prices. All of which is followed by an inevitable, greedy pump. I count on that to make these setbacks palatable. It's gone on for 10 years, and could possibly go one for 10 more. Luckily, I made up for the kick in the junk scotus just gave me with the positive news on Virgin Galactic. What sucks, is I'm just over break even with fnf losses against virgin's gains. Would be celebrating much more today had the court done the right thing. FnF will pull the usual rinse and repeat... just gonna have to wait for a quarter, or so.
There won't be one like before because they're operating under different circumstances. There may be a bursting bubble, but it won't explosive. It'll be more like a slow deflation of a balloon.
As for that being a catalyst for receivership, I find that highly unlikely.