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Let the running commence!!
The SEC will be all up Corkers butt as well.
When will the Shorts start Squeezin'?
Looky, Lookie… Market South, Fannie North.
Yea it usually does go south. It'll lag then catch up later today or in the next few.
Fnma more often than not goes north when the rest of the market heads south. Smart money for a reason.
The simple fact that you can google someones name and a massive amount of opinions appear (pro and con), means that, yes… that person is a "Recognized Name". I'm glad that he or any another recognized figure speaks out in my interest, where's the problem?
He has the same opinion regarding FNMA as you and I, get rid of the conservatorship. The difference being he has the ability to massively broadcast that message. Publicly shining the light on what the gov did/is doing is the only road to resolution. Politicians live and die by public sentiment/opinion/outcry. It's the only language they respond to… other than hard cash. I welcome his presence.
You don't comprehend the concept and effectiveness of public pressure. Al has to be the most recognized name to speak out directly against the conservatorship. That's why his comments were in so many papers. That's also why his words carry so much weight. Which is a good thing for investors. Like him or not, at least understand the concept.
"stop using that term pop and lock", How do I describe my dance moves then?
Maintaining the availability of home loans to the poor and middle class is THE reason I invested back in 08'. I'm betting against the idea that the Gov really wants to start a revolution. And is denying access to home loans to the poor and middle class a conservative value?
Still 6 zeros after the 1, right? Or did that change?
Al Sharpton has no reason what so ever to even mention FNMA. Me thinks he's an advance scout for the administration, a public preparation for all concerned of the impending release. Better get all your ducks in a row!
Same bat time same bat channel… you are a Joker!
Funnier than Key&Peele:)!!!
Ah, the sweet smell of Fannie Blossoms, early spring. Should be in full bloom by summer. Nice!
Abracadabra?
Cowboys/Indians, Good/Evil, Black/White. Acknowledging, investigating the Gray Area... way too complicated for most.
Does anyone take your cartoon bubble comments seriously? Ka-Zonkkkss%!!!!
Fnma has been off of death row for months now, waiting for a full pardon actually. Those that are still waiting for the hangman, time to go home now, nothing to see here.
If only the fnma situation were as simplistic as a spaghetti western…
Sorry, the writings on the wall, it reads,
“the gov’t conservatorship of Fannie Mae / Federal National Mortgage Assctn Fnni Me is not a viable long term option”
You should think about moving your decimal point one place to the right, $15.00
Look at it this way, along4zride.
If you can plainly see that the USG is screwing the shareholder,
"Fannie will post more profit but oh well USG needs cash so too
bad for shareholders."
Don't you think the Judge will see this as well?
It's Really Simple.
Either you believe its fair for the USG to steal private funds, or you don't.
Place you bets, the judge will soon decide.
Until then cut your co-signing (check your urban dictionary) it's childish. And anyone with the balls to place this bet, won't be taking silly advice from a kid.
Those that are in, are in, these that are out, are out.
The only one left to decided is the judge.
I welcome the low volume, just tells me there will be less volatility.
And for me, stability at about 350% gain, is a very good thing.
Man you are good!…
I've got this really cute girl Iv'e been eyeing, my question is, will she ever love me the way I love her, and how many children will we have?
Eating a crap, while listening to this crepe.
Bought 10k at .30… waited, it moved to 1.00
Bought 5k more… waited, it moved to 3.00
Bought 5k more… waited, it moved to 5.00
If it holds for a few weeks, Ill buy 5k more,
and so on and so on, until it reaches about 30-45
Then the process of selling begins in the reverse.
My 2 cent strategy.
With nearly 100 milllion trades/day and rising and a flood of media attention, the
lawsuits won't even matter. IT"S OVER!!! … Show me a government official with the balls to publicly screw so many investors in broad day light? FNMA will be back in investors hands before summer.
Me thinks it'll be a pull back today, low 4's, then a flood of buying, back to the high 4,s maybe low 5's.
But who cares… I'm not selling. Will be fun to watch though.
I know little about law myself, but this is simple human nature. Politicians will do ANYTHING to avoid being forced to display their soiled undergarments in public. Settlement.
The "discovery granted" pretty much guarantees this thing won't see the inside of a courtroom. The Gov. will settle before exposing the potentially devastating emails/text sent from one politician to another concerning fnma (and you know there has to be some dozzies). Way to uncontrollable and damaging than a settlement.
Interesting… Check out the blaring text when you click the fannie site.You can't miss it.
I like the way she's playing politics!
http://www.fanniemae.com/portal/index.html
Debt PAID. Pre-Season is over. The real games begin today.
For those that don't speak Politician, here is a translation.
"And since the most important investment many families make is their home, send me legislation that protects taxpayers from footing the bill for a housing crisis ever again, (REGULATE THE MORTGAGE/ BANKING INDUSTRY) and keeps the dream of homeownership alive for future generations of Americans. (DON'T "F" WITH THE 30 YEAR LOAN)"
Good news for fannie investors, unless someone else is willing to provide a 30… don't see that happening.!
Mark this day on your calendar. Call it, "The last day you will ever hear a word spoken by a politician about getting rid of FNMA", day.
Very good news for any fnma investor.
I doubt the President will miss this opportunity to tell the entire country that their investment has been paid back in full and the housing ship now sails steady. He may not mention fnma, but expect her to be viewed in a much better light after the SOTU.
So are you're saying that someone could take 100k, buy 33k fnma, sit on it and not risk losing much, yet have the potential for it to double, triple or more in a few months or a year or two? Isn't that called investing? Where's the downside?
So are you're saying that someone could take 100k, buy 33k fnma, sit on it and not risk losing much, yet have the potential for it to double, triple or more in a few months or a year or two? Isn't that called investing? Where's the downside?
Don't shoot the messenger. I'm simply making an observation.
It's strange that a "News" agency would only post a hand full of articles regarding one of the largest economic events of the last 20 years. Even more peculiar that out of that hand full of articles more than half seem to reinforce the idea of shutting down FNMA. I think most would wonder why, and possibly reach the conclusion that it's agenda driven reporting.