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Insiders also have houses, cars, and debt they need to pay for. The stock more than tripled and he took an opportunity to cash in on some shares...it is not an indication this is a bad stock.
We have plenty of buyers today - the demand is still there. The problem is VFIN on L2 he is manipulating the stock. He is selling below the bid holding us down. Bid is 0.1235 and he just let 100,000 go for 0.1225. The buy comes in below ask as well for twice as many shares and the ticker does not move...but it always moves down when VFIN sells. He will go away and the stock will be back at 0.14 - 0.15...
like i said - i made over 13 last month - just covered fnma
While on CNBC, Ackman said “these shares should come with a warning.”
No liability to shareholders
Ackman is buying shares of the two companies, which he warned investors against in a 2011 interview. While on CNBC, Ackman said “these shares should come with a warning.” The hedge fund manager was registering his surprise after a Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) board member and Harvard Business School professor, Clayton Rose, told him that the board’s fiduciary duty is only to its conservator, meaning the government, and not to the shareholders. He shocked Ackman by saying that the board has no liability if it makes decisions that go against shareholder interests. It seems Ackman has now gotten over his shock and believes that he can actually turn a profit here despite the obvious risks tdue to the heavy government involvement.
Bill Ackman Ignores The Warning On Fannie Mae, Freddie Mac
http://www.valuewalk.com/2013/11/bill-ackman-warning-on-fannie-mae-freddie-mac/
Bill Ackman always gets criticism for his horrible picks. He has been known to call the wrong when everyone else tells him otherwise...come on man you can do better than this.
http://www.forbes.com/sites/igorgreenwald/2012/12/19/why-bill-ackman-is-wrong-on-herbalife/
http://dealbreaker.com/2013/11/carl-icahn-sells-stock-to-prove-bill-ackman-was-wrong-when-he-said-carl-icahn-was-not-a-handshake-guy/
http://www.cnbc.com/id/100463748
http://www.latimes.com/business/hiltzik/la-fi-mh-herbalife-20131218,0,5298169.story
Freddie Admits Good Times Poised to End
From WSJ 2/27/2014: They have goosed the bottom line, and FNMA admits today its recent earnings are "not sustainable over the long term," coming as the home-price rebound "is beginning to moderate."
ALL PROFITS TO US GOVERNMENT SHORT STOCK
TAKE YOUR PROFIT FOLKS
It looks like shares of a penny stock that would make even Jordan Belfort blush are on fire, rocketing 40% in the last five days and 1500% over the last year, nearing that big $5 mark.
Only one problem: The stock is Fannie Mae, the government-controlled mortgage giant.
And because Fannie was put under the government umbrella during the housing crash, the company has to pay its profits to the U.S. Treasury, not shareholders.
If you're just in it for the trade, though, you actually could have made a nice buck. Plenty of investors have — from individuals to hedge funds — as CNBC reported last May.
But what about Fannie's future? Shareholders don't particularly love its current form, where all of the dividends go to the government.
They could hope for Congress to make a change, but good luck there.
Read more: http://www.businessinsider.com/fannie-mae-stock-2014-2#ixzz2ucUfTFg8
the tim sykes crew was sitting all of this one today and all shorted around the same time. they know its there still and will attack again tomorrow.
In my opinion the stock reversed because that is real technical fundamentals at play. It has happened almost everyday this week. That is called uncertainty. The stock is trading on hype. I would have sold your stocks today.
here comes the second short attack-
Freddie Admits Good Times Poised to End
-- Market Talk BY Dow Jones & Company, Inc.
— 8:25 AM ET 02/27/2014
8:25 EST - After having already paid back more than the $71.34B of draws from Treasury amid the financial crisis, Freddie Mac (FNMA) says the government will get another $10.4B this quarter, putting dividends at $81.8B. That as the mortage financier, like larger peer Fannie Mae (FNMA
FNMA is now a SHORT target - LONGS watch out...Tim Sykes and CREW are SHORTING right now...
Oh yeah look at that. Yes this stock looks very good.
bought an entry position in MEET yesterday afternoon. this is a fair aquisition target...looking to hold long.
yeah I bought 1 Million Shares at 0.0009 and 0.001 mixed.
One of the best penny stocks I have ever seen in BRGO. Bought 1 Million Shares this morning to see how it performs. BTW some of the top grossing students under Tim Sykes tweeted yesterday that they found the stock and are buying. Some of the recent news for BRGO also looks good and we should see some distribution channels lined up out of the las vegas convention last year.
total manipulation - thanks for the profit boys.
The reason why we should be UP not down today:
http://www.nytimes.com/2014/02/21/us/colorado-expects-to-reap-tax-bonanza-from-legal-marijuana-sales.html?hpw&rref=us&_r=0
this is good - some nice volume coming in at 0.005
GREAT NEWS FOR MJ SECTOR
Congress urges Obama to reclassify MJ immediately:
http://www.thedailychronic.net/2014/27560/congress-calls-president-obama-use-authority-reclassify-marijuana/
HUGE HUGE HUGE NEWS NEWS NEWS FOR MJ
http://www.thedailychronic.net/2014/27560/congress-calls-president-obama-use-authority-reclassify-marijuana/
SVFC is not a pump and dump scheme...You cannot call 0.002 with any real confidence.
they just created a well at 0.0045...vfin still sitting on ask and bid which sans he is shorting...we are going down to 0.0045 if sales come in.
Level 2 Quotes through eTrade.
no buyers at 0.0048 come on guys
VFIN - Thank you for sitting on the ask w/ 10K shares at 0.0049. NITE sitting on bid at 0.0048 w/ 10K for sale. Looks like we are in a nice block session. I wonder what VFIN would do if i bought his 10K??? It puts us into ATDF at 0.005 for 500K. Nice try guys!
here it goes - they got it...anyway thats for the svfc stability...now down 0.0048...VFIN is awesome
click on his username and select block user
Seeking Alpha is usually correct when calling stocks. They called SVFC a Buy just two weeks ago. There is no real money to be made here with swing trades as the kiddies play MJ, so until we get some good news...again Seeking Alpha sees the potential.
http://www.smallcapnetwork.com/No-Seriously-IntelliCell-BioSciences-is-a-Buy-SVFC/s/via/1789/article/view/p/mid/3/id/484/
seeking alpha said svfc is a buy just a week and a half ago ... don't worry about it...anyway, i added again at 0.005...
well it would be nice if we had an update newsletter on the progress...but whatever...this site generates revenue.
I subscribe to his silver level alerts. he has not said anything about aegy but he did call the crash in hemp...he did not do any analysis about what he expected for the future MJ sector or any stock in general...he just complains he is unable to get shares to short...this is just a sector issue but aegy is one of the few who actually have revenue...crazy huh!
The whole MJ sector is down the past few days including AEGY. Look how hemp, cbis, and skto have crashed...it will go back so chill out.
no - but neither was the volume
This stock looks nice...we need to boost this board ASAP.
Think I will add myself to the list of share holders - bam just added 3K
Seeking Alpha says 4.00 in Short Order
This stock should gain traction. I am very impressed with the Seeking Alpha Article. Where is everyone on this?
http://investorshub.advfn.com/boards/board.aspx?board_id=9003