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Absolutely! I'm pretty sure they'll still get away with stealing last quarter's loot, but the end of the year is coming up fast. They'll need to recap.
Long & strong on FnF. GLTA, and see ya in Vegas.
RtR
I'm still here! Can't remember the tiers on the list, but I'm pretty sure I've elevated another one with this last batch I purchased a coupla weeks ago. Fingers crossed for FnF and gtla
Fingers crossed that the "Outlook" conclusion works out over the next few months.
https://finance.yahoo.com/news/why-merrimack-mack-down-57-082408446.html?.tsrc=rss
To be clear, they filed an extension to a CT order from 2014 on a registration from 2011. They're only extending something that was due to expire on June 8 of this year. Should not have any material affect the current beatdown their stock getting.
Why's the heavy shorting still going on? What are they trying to do, get this company thrown off the NASDAQ and onto the OTC?
There's much more $$ to be made with some strategic run-ups.
Just loaded up using my divy. Wishing good fortune to all the longs by the 4th quarter... or sooner.
Worked out great for me. But then again,I'm holding long. Folks, the 52 week low before the divy was 2.83 and it's current 2017 forecast is over 7.00. Longs are fine... so long as they weren't using their grocery money. ;)
Just dropped by to give you a personal thanks. I'm heavy into FnF and happen to follow ~Blue~ as well as the Blue Sky Breakout board. Saw your post back on the 11th regarding MACK's special dividend and did a little dd on that company. Bought in last week and have been looking good so far. Think I'll hang on to this past the ex-divy date (even though it may take a short-term dip) because 2017 looks pretty good for this company.
Thanks again for the heads-up.
He did indeed! Not that spineless after all. If you look at the replay, check out that last stare he gave Corknutz before he went on to the next senator.
Btw, thanks for posting the link this morning.
If you want to know "exactly" what said, watch the replay. I suggest that anyone that has any doubts about Corker's integrity... watch his few minutes of caca from this morning. He even went so far as calling Watts agruement against taking a draw nonsense.
I agree!
He did! He told Corker in no uncertain terms that he's explained it to him 10 different ways and doesn't know any other way to get it into his corrupt head that drawing money fron the Gov isn't good for FnF. Corker just wants to keep his ownership of OUR assests (stock value).
You do realize that Corker did his job... he showed up, pandered to the institutions that own his sorryass, then left.
That last look/stare Watt gave Corknutz was priceless! So, when are they gonna put Corker in cuffs again? Soon, I hope.
Working my way to dump truck status. lol. Right now waiting to for a coupla more cents before breaking out my scooper. Chart shows a .32-.35 short-term potential. Then back up to 50's before it starts all over again... till the next good newsflash jumps it. Just like FnF.
Yup, and they'll be right back to pick it up with a golden scooper. It's what they do. Pick up your scooper and get some.
"emerging bipartisan consensus?" I think they've had 8 years of bipartisan consensus in stealing FnF funds.
"The lawmakers said they wrote to “express our concern regarding any administrative action that would adversely impact” legislative efforts underway in Congress."
Yeah, "legistlative efforts" that rely on earmarked funds from FnF. They've become dependent on FnF's quarterly and it's gonna take someone pretty f'n powerful to pry it from their shortsighted paws. SMDH
Anyone who expected Mnuchin, or Trump for that matter, to stroll right in and waive their magic wands at FnF in the first quarter of this new administration is living in fantasy land. Especially if Obamacare is being subsidized by the two.
As much as I would love for it to happen, it would be one hell of feat to release and recap the twins in his first 100 days. That said, GLTA.
Btw, all of us who placed our money on this bet did so not by using sound investment principles but by sheer speculative hopefulness. Don't be so frustrated if it takes a little longer than you'd want. It will happen, and it will happen during Trump's presidency. Our patience will pay off on this bet.
I somewhat agree. Seeing as they did nothing to the ACA/Obamacare to stop it from needing FNF's quarterly infusion, I feel it will be a while before anything is done about the NWS. I sincerely hope I'm wrong, but they already have their cash cow, why would they give it up without another way to subsidize this healthcare mess?
Btw, I'm ultra long on FnF (since before the 2012 sweep), and have strong hopes that they'll be released sometime in Trump's term... BUT, I'm also betting the MMs will hook us up with another sub-$2 buying opportunity in the short-term.
Yup!
Sorry to not sound too empathetic, but maybe it's a sign to stay away from otc and volatile stocks like these. FnF has been tantamount to a speculator's roller-coaster ride since 2008. Today's temporary setback is nothing new... so chear up, buttercup!
I fully agree. I watched my Level II screen for a little while in both the morning and afternoon... the same crew of MMs worked this stock like a cheap ho. More folks would be less likely to fold into lemming mode if they could see these guys at work. Btw, even though they're more like Market Manipulators than Market Makers, they did give me another opportunity to load up again.
*Keep an eye on Blue's prediction though.
I hope I'm wrong about this, but I don't see FnF being uplisted till they're out of c'ship. So long as the gov can squeeze profits through the NWS, old school institutional investors won't bite... even at $10pps.
I agree. The sooner it's legitimized on the big board the better off we'll all be. I'm still feeling bad for all my FnF employee friends who had part of their retirement tied to this stock. When f'n senators and congressmen show their disdain for investors, they are absolutely ignoring what they did to the common workers of these companies.
Another possible buying opportunity if the lemmings hop on the short train. Not that I really want this, but I am indeed prepared for sub-4 dips.
NYT, enough said. I think they're the ones who cast shade on Tesla before their IPO, THEN purposely ran one of the Model S cars out of juice in order to try and give them more bad press. #NYTfakenews
Scroll
Grabbed and ready for flight!
Been loving this trend. Bought down my average from when it was much higher. But still no solid news for this uptick?
FnF shares have been instrumental in helping me expand my house flipping endeavors under the umbrella of my Roth IRA... AND they haven't really taken off yet! Congrats to ya!
GLTA!!! (except for the haters and the posers)
So let me get this straight. You wake up one day last week and discover FnF.
You supposedly buy commons, create a misspelled pseudonym so you can post negative content on this board, then supposedly sell those commons in order to upgrade to FNMAS.
THEN you keep posting sloppy, unsubstantiated opinions on FNMA, but have absolutely no constructive posts on the FNMAS board.
Does that about cover your weak attempts to subvert this board?
Bit of advice... REAL shorters just do the deed and create temporary buying opportunities for us. They don't waste their time on these boards talking crap.
I concur
Thanks, that was extremely informative. Guess I'll just GTS
What the heck happened?! I stopped paying attention to this stock when it collapsed out from under me a while ago... never sold my shares though. Just happened to check on it today only to see that my shares are back, and then some!
So, what's the news?!
Short much? smh
Nice close over last Friday. Looks like the MMs decided to give us a break this week. To all the FnF longs, have an excellent weekend!
Did you just get into this stock?