the price is the price is the price
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Whisper Number, Negative 15 cents available to common and jr pfd
stockholders for 2nd quarter
Anybody else have a number in mind?
Good luck tomorrow fellas.
2nd Quarter Capital Draw From Treasury!
Derivatives Losses Will Be Huge because of flattened yield curve.
Corker will renew push to Wind Down.
Share price will plunge.
I'm the last Bagholder Breathing!
Everyone else will sell out or go bankrupt. I will be left to own this entire Fortune 500 company all by myself.
I will then become the richest man in America when I get us out of this so-called conservatorship!
YES! I RULE!
Will I buy a Murcielago or a McLaren when we go to da Moon!
Come on baby!
WE WILL BE MEGA RICH BABY!
Fannie Mae Rules!
Long CBL / Short FNMAS, pro Trump pro Corker value trade
expect Brexit trend to continue. The populace rebels against government subsidies, aka Fannie Mae in favor of private REITs!
Do Not Lose Glen!
Long CBL / Short FNMAS, pro Trump pro Corker value trade
expect Brexit trend to continue. The populace rebels against government subsidies, aka Fannie Mae in favor of private REITs!
Do Not Lose Glen!
Are we getting shut down? Why is the stock dropping?
The Paul Ryan / Elizabeth Warren Tag Team Short Trade
Your instructions are to land that plane
you don't own it, the taxpayers do Maverick
Breaking Atlanta Fed Paper, short to a quarter or less
https://www.frbatlanta.org/research/publications/wp/2015/02.aspx
25 cent valuation from Atlanta Fed
https://www.frbatlanta.org/cenfis/publications/notesfromthevault/1405
That leaves the third amendment's income sweep or the payment periodic commitment fees as the only options that would be fair for taxpayers. Periodic commitment fees certainly have had the appearance of being fairer to the remaining shareholders, as these were a part of the original senior preferred contract. Whether a profit sweep versus fair commitment fees (fees fair to taxpayers) would have resulted in significantly lower payments from the GSEs to the Treasury is less clear. One way of estimating fair fees would have been to price the commitment using sophisticated financial methods along the lines discussed in my earlier post. A simpler alternative for calculating the value of the Treasury's commitment would be to compare the relative contributions of the private shareholders and Treasury to the financial strength of Fannie and Freddie. This latter method would suggest that the periodic commitment fee should have been equal to (virtually) all of the GSEs' profits as the taxpayers were bearing (virtually) all of the risks in August 2012.4
25 cent valuation from Atlanta Fed
https://www.frbatlanta.org/cenfis/publications/notesfromthevault/1405
That leaves the third amendment's income sweep or the payment periodic commitment fees as the only options that would be fair for taxpayers. Periodic commitment fees certainly have had the appearance of being fairer to the remaining shareholders, as these were a part of the original senior preferred contract. Whether a profit sweep versus fair commitment fees (fees fair to taxpayers) would have resulted in significantly lower payments from the GSEs to the Treasury is less clear. One way of estimating fair fees would have been to price the commitment using sophisticated financial methods along the lines discussed in my earlier post. A simpler alternative for calculating the value of the Treasury's commitment would be to compare the relative contributions of the private shareholders and Treasury to the financial strength of Fannie and Freddie. This latter method would suggest that the periodic commitment fee should have been equal to (virtually) all of the GSEs' profits as the taxpayers were bearing (virtually) all of the risks in August 2012.4
No you have to understand the whole situation is a big comedy of errors. From an outsiders perspective with no money in the game. It is like watching other people play blackjack when youre in vegas. Eventually they lose all their money and leave the table. After decades of effort nobody will make any money. Housing market and mbs securitization will continue on one way or another as markets adapt. Funny to watch though. I also surf perez hilton and tmz when im wasting time. Cheers
Dividend checks are in the mail. Start checking mailbox mid next week for the arrival.
Congrats!
I want my fuggin dividends batch
WE MUST BUY ALL SHARES!
to save other retail from buying this worthless junk
Beware Retail Shareholder Amateur Hour is Back on Google
https://groups.google.com/forum/#!forum/freddienfannie
most of these fools are riding the stock to zero. A select few pump and dump with fake research reports and white house fake leaks. Those are the only people making money on Fannie
Beware retail investors. You will make no money on this stock. Just read the new wsj article. You are a tool for hedge fund pump and dump and lobbying efforts. Current retail s/h will get left with nothing but a bag of doo.
Better to put your money under the mattress than in this stock, otherwise, the cash is just fuel for a bonfire.
Beware Shareholder Amateur Hour is Back on Google
https://groups.google.com/forum/#!forum/freddienfannie
most of these fools are riding the stock to zero. A select few pump and dump with fake research reports and white house fake leaks.
Beware retail investors. You will make no money on this stock. Just read the new wsj article. You are a tool for hedge fund pump and dump and lobbying efforts. Current retail s/h will get left with nothing but a bag of doo.
“I don’t think you are handling this correctly and the company is at risk of getting into a death spiral as a result.”
Ackman
Ackman, “Fannie and Valeant have become toxic... We are on the brink of a catastrophe...You have previously made the mistake of waiting while Rome was burning. There is now a conflagration... We are on the brink of a tragedy.”
Pershing Square will liquidate
Ackman, “Fannie has become toxic... We are on the brink of a catastrophe...You have previously made the mistake of waiting while Rome was burning. There is now a conflagration... We are on the brink of a tragedy.”
Pershing Square will liquidate
Will SHLD bankruptcy cause Fairholme to liquidate also?
Thoughts? I wouldn't hold preferred's here. Berkowitz is in bigger trouble with Sears than Ackman is with Valeant.
Berkowitz in deep w/ SHLD, if Macy's can't make it nobody can
I'm seriously not sure if Fairholme will survive, and if not, he'll be liquidating his pfd's.
I suggest frontrunning Berko and selling pfd's.
Same for Ackman and his VRX position.
It happens to all of us eventually. We take a big concentrated position and it nearly takes us under or makes us mega millionaires.
Olson getting schooled this is embarrassing beyond belief. Fanniegate is over
We just need to hold $1.00, let's keep on accumulating cheap shares fellas
Olson got azz handed to him. Judge told him he should change his name to Mary Kate or Ashley.
so Perry case is toast. I guess he will be liquidating pfds for the next several months. This will be a hangover worse than October 2014.
Wow it has been a rough day in the courts, I'm surprised stock is holding. Fingers crossed it doesn't drift back to last week's lows.
Highly levered crony capitalism for Shareholders - Larry Sommers take on Fannie this a.m. on CNBC.
That's what you're up against from both Repubs and Dems. Whatever the outcome from court, there will be zero damages, imo.
Just ask Hank Greenberg.
Highly levered crony capitalism for Shareholders - Larry Sommers take on Fannie this a.m. on CNBC.
That's what you're up against from both Repubs and Dems. Whatever the outcome from court, there will be zero damages, imo.
Just ask Hank Greenberg.
Good for longer term survival of fnf but doesnt change the 0 value of the stock.
It is good for the employees, afordable housing, etc but still impossible to find value in the company as a well capitalized sifi
Govt has many good arguments that sweep or no sweep the co's would still be undercapitalized and only supported by their credit line
Everyone has known about McFarland testimony for 1 year
no wonder the preferreds are dropping
Who didn't already know this? Just a re-dropping of old news to get a quick pump and dump.
IMO
I'll buy cheap shares for 20 cents & not a penny more
they really aren't shares though, just LEAPS.
You are getting schooled KIDS
Yes I work with Andrew Left. We expose ponzi schemes like the GSEs, Valeant, and even Herbalife.
Best trading Rule of Thumb: If you think it's bad now...
It's only going to get worse.
Imagine the worst possible scenario, and the market will gravitate towards it. That's why you will see 20 cents soon.
new lows every day, all we have is eachother and memories of $6 now.
Corker's fault. Never should have listened to Pagliara either. Terrible all around.
Expect 85% fall to 25 cents
Return to price before sweep announced
Co's have less capital now than then
Negative $40 billion in private common shareholder equity and falling
Sad but true
We have been terminated
My current valuation is 25 cents from Atlanta Fed paper
Thats all i will pay and i can afford to wait while Ackman cannot afford to hold
Making candy out of poop
By year end i will own Billy boy!
All we do is lose money all day every day, no matter what happens.
heads we lose, tails we lose.
that's what i say