Why waste your time responding to my post!!!!
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There will be no settlement. They are sueing becaue they belive the govt has violated the constitution. Even if bill ackmans case doesn't hold up, they are trying to put pressure on them to start heading in he right direction. Hopefully they start off by not fully sweeping the profits, and give alittle back to allow shareholders to recover or make money. Though these are not the cases that settles out of court. The govt doesn't settle, they make company's settle, because company's can't dony wanna deal with the govt and bad press.
Ok that's great, the people of this country need to know what he is doing! and how bad it is. People do not know what fannie and Freddie are. Most think it was always a govt run thing. Though nothing you have said is something that can be used in court,or would be used, as they are not sueing obama or his administration. Also none of that Id evidence of wrongdoing, just a matter of opinion. . Speaker bonher is sueing obama. As it would say case vs obama, in the fannie case it would say case vs US Govt on lawsuit.
A lot of real talk on the board, Where was everyone a few weeks ago when I was calling fuse out, as I am former friends with the cofounder and ex ceo Adam Adler. I warned people when fuse came out, realized it was pointless, then recently came and checked the fourms and saw pain and death.
The otc is a gamble ifnthe company was actually trying to make money, it's a scam when they had no plans, or claming you have the next big thing when you have garbage. Of course if you get luckey and flip it right. Though they draw in investors claiming it will be huge, and the investors would have had a better chance at winning the lotto. If. A company has a product not good to raise money, and needs the OTC that should already say. Something, though if the person has real intentions, just slim chances it's a risk/ reward factor you gotta decide. This was a a total chance with 0% chance, as a company in here trying hard only prob has. 2% chance, but that 2% is a gamble for a huge reward, as 0% you should just write them a check and forget about the company so it doesn't get you mad.
No matter how much I wanna belive that, that is Apple and oranges as none of that can or would ever be used in this court case. Congress passed all this, he president did not have the power on his own. He supports it. The immgration he had the power to amend or reform an imagration issue. Obv some people in crongress, like the Republicans, feel he did not have that power, and only congress. I have no idea about any of those laws, as I am a consertive I can assure you the case againdt obama will be thrown out. Although it's not a frivolous case, it's more just bringing attention to other wrong doings by Obama.
No case has went to trial. Case was thrown out. Also fannie will foot the bill as they send them all their profits. Fannie and Freddie the two companies will have returned $225.5 billion to taxpayers, in exchange for about $188 billion in taxpayer aid. Though there princible balence has a little left on it, as most of that extra money is a profit sweep. Fannie write zero profit on it sheets. Basically making the company worthless in terms. The govt does not want them building a capital reserve, as they want to keep control. So do not worry about the lawyer bills effecting you. People because how the govt words it , or do not understand is that fannie doesn't need any money, this agreement is to garanetee the monet if needed. Just like a Home equity line of credit.
It was illegal until congress passed that bill in 2012. They are just makeing up any law to make this possible. There was no law giving any body to take consertivaship. The law establishing the FHFA is the Federal Housing Finance Regulatory Reform Act of 2008, Gave them the right. The FHFA was created in 2008. It was not as serious at first. The reform in 2012 giving them the power to do a profit sweep, and give it to the treasury. Why not allow the profit be used to pay off the debt? If they allowed fannie to look good, then the govt will have less of a case to holD on.
What legal bill? Also property tax goes to your state government? Did I miss understand, and that was sarcasm?
net worth sweep amendment where the net worth of the businesses is structured to be depleted to zero, makes these share worthless in term. Though buying this stock is betting that the Govt will relase control. No one can predict the time becasue there is no time clause in the agreement.
Its up to the board, like always. Prefered stock all have certain par values. Some $25 some $50, They are allowed buy back any prefered share at anytime. Regardless of when the conservativeship ends, The board will probley be cheap with the dividends, as Prefered shares, most have fixed % rates, There will not be much left over for the common stock holders. The stock holds a ton a vaule still with out a dividend. The board can deny prefered shares and common shares dividends when they want and they are noncumulative payments. No need to worry about the dividend payments right now for common stock. Only worry is making the goverment move in the right direction to give up consertvaship, Starting by giving back some of the profits to shareholders. Like i said after the prefered get thier cut, wont be much or anything for common stock. Prefered is good and cheap aswell.
Also the only factor with common stock is dividends migt not come for awhile, as preferred shares are fighting for there piece of the cake first. Also the Govt holds a warrent to own 80% of outstanding shares at a price of 0.000001 unless you wanna sell your stock for that price to them, that would dilute this stock heavy. Though I can never see that happening. This stock will jump if the hedge fund guys put enough pressure and spread the word to citizens. Citizens need to put pressure on congress, as they are taking profits away from citizens that are owners. I feel the first move will be to give back a portion of the profits, which will go straight to the preferred shares, but it will up the price of the common stock as it will look like we would be headed in the right direction.
I think the person who wrote that has no idea about fannie mae. There are tons preferred stock. 16 different shares, and now the Govt own 1,000,000 senior preferred share with a par vaule of $1000, as existing ones are now junior. These preferred shares get high dividend payments. Also not every companies S/P is based on the same math. I do not even think fannie in its prime reached over a 100 a share, iv seen $80plus in early 2000s during the boom though.
The sale of preferred stock, to avoid a fifth amendment takings, would flow through to Fannie and Freddie to fully recapitalize them.
At 5%, the businesses make over $3 per share for common shareholders, and at 15x the businesses are worth $46 right now.
Are all Preferred fannie stock all equal in liquidation? OF course after the Govts 1million senior shares at 1,000 value.
>The Justice—and Utility—of the Right to Property
In the Founding era, defenses of property rights proceeded along two main lines: justice and utility. The justice approach treats property as a fundamental right that it would be morally wrong to infringe, regardless of whether it served a useful purpose.
>To deprive someone of his property is to violate a right—to commit an injustice.
For individuals or government to forcibly prevent someone from acquiring property, or to use coercion to transfer property from one person to another, deprives that person of the fruits of his labor.
The goverment Is depriveing shareholders from any profit(property).
fannie was coerced, into making the new agreement in 2012, to allow them to take all the profits.
The GOVT is useing the tatic of telling citizens that, they are getting money that is owed to tax payers.
That sounds real good, but they do not realize it means nothing. No one gets a check in the mail. The GOVt gets to sue these corparations for Billions, and citizens who were screwed, get nothing.
VERY TRUE!!! Tradeing is pointless, unless you maybe trade for a little action, but if your not holding long term, only limiting yourself.
Very true! The GOvt forced all banks to take a loan, So it looked equal, and did not crush the ones that actually needed them, Which is is up for debate as if you can say forced, or Jp morgan agreed to help the country. As the govt promoted these risky loans to help out first time home buyers. The loans used right are helpful. As everyone should know history proves that anytype of help by the Govt gets abused and taken advantage of for profit, as they can not regulate it. The problem was a No Doc loan was for people with good credit, bigger down payment, there for selfemplyed people who cant show enough income at the moment, or a person who got a new job excpeting a raise. <in simple terms. The problem was the banks were paying huge on the back end to sell a refi. Also the fact that a morgtage broker gets a list of rates and chooses one for you. As one is a par rate that is free. Or he can upsale your rate for backend pay, which the client does not find out. Getting 3 points on the backend, when you can only charge 4 points upfront on any loan/refi In NY is huge. So even if the person asks for a fixed and quailfys, the loan officer will sell them on a 2/28 or any other adjustable. Telling them they can save up for a couple years, and refi with no problem. The problem is or was people mess up thier credit, or when the houseing bubble happened you could not refi when your house is now under water. With easy loans and underwriters just approving everthing it was so easy to change a few numbers. As I had told the appraiser what I need the house to be worth for a refi,also i had an accountant write me a letter saying that a client has owned his bussiness for 5 years when he only owned for less then a year. which i think banks required 2 year ownership to allow that. It was easy and no one checked. I did not personally see false or fake income statements etc. although that happend as well.
Where i lived on Long island houses in my area increased over 100% from 2001 to 2006 as i bought and sold my house for 100% in oct 2006. Had no reason to move but could not turn down the money. The house crashed to 2008 for the new owners to the price i bought it for in 2001, as that means they lost 100% equity as they actually put up 50%, and then 50% mortgage, so as the house price cut in half they have no equity. NOt worse case as they plan to live long term. Or the people the peoples houses that doubled, decided to take the money out of their house and buy Cars,Boats, etc, which is not smart regardless, as it is still a loan/ debt your takeing on. Also people did not think house prices will ever drop, so people took money out of there house to make pointless repairs thinking it will increase the vaule. I am happy i was to young and did not invest in homes as I made an iggnorant comment to someone, saying that investing in houses is the way to go as a house can never lose vaule, any only go up. Which was the attuitude of the early 2000.
THe biggest money maker, but riskest is buying risky debt. Thats why warren buffet is the most succesuful investor, as he said " Do not Get greedy when others are being greedy, get greedy when people are scared" <<not word for word but, something like that. So people thinking that fannie and freddie and all these other banks just keep the money flowing in a cycle that it will work out, with a few little losers, and big winnners. The commision they were given Loan officers and commsions to brokers selling Securities, It turned everyone greedy,as they did not care or think of the consequences just thier paychecks, Then the Ceos and higher ups are just seeing the cash flow in. They were also mixing bad loans with good loans, to pass them off, or rateing them higher then they were, which is criminal fraud, but can prove who,what where, why as it changes so many hands. Fannie/freddie most likey did not look to much into the loans they were getting from the Big Banks, as they should be credible. Do to bad mangement and oversight of freddie and fannie alot of stock holders lost money, though bad mangement is not a crime or proves wrongdoing. THough the banks paid hefty fines for wrongdoing, which i do not know if they settled and claimed no wrong doing as they always do. They sold fannie and freddie the bad mortgages by fraud. The stock holders should have gotten the 16billion from bank of america. Not the DOj or if you want to belive it went back to taxpayers. The govt also still allows the stocks to trade, as they just suspeneded dividends,and took voting power away from prefered shareholders. They made an reasonable agreement, as they would receive shares and get dividend payments. Now they changes the law i think in 2013, that gives the govt this power under the Housing and Economic Recovery Act.
I consider myself a Conservitve, Though I do support the bailouts of certian companys for a reason. We live in a new age. IN the old days It was different, A depression now is different the 1929, as accounts can be wiped out much quicker in the matter of seconds. Bailing out the auto industry was needed as They employ a ton of people, and also import,export the materails they need to make the cars its a cycle. The only negitive side to look at is the stock holders benefit. AS the GOvt would not bail out Facebook, if it were to crash. Maybe "GOOGLE' LOL. also people complain its taxpayer money. The money is gone once you pay your taxes, it doesnt effect you any longer. They spend it on other crap anyways. Americans that made up all this hype complaining of the bank bailouts, becasue of media making it look much worse. Trust me you do not want these banks to fail regardless if you have money in them or not. Though fannie/freddie were in better shape then let to believe, as they might no have needed a bailout, but could not take the chance of going illiquid. Why not just do a bail out like the banks got??? They used the exuse that they couldnt support usein tax payer money, unless a consertiveship took place. Most of the people in the country even though hearing about freddie/fannie have no idea what it really is. Most just thought, or think it was already a Govt thing. Do you think the people would stand for, the govt takeing over bank of america, or any bank. Hell no. People are tired of wrongdoing by the GOvt, and alot of people that hate the Govt for everything.
Instead of these Hedge funds fileing these lawsuits, are mostly to put pressure on the Govt. Hopeing that they will start giving a little of the profits back, to keep them/shareholders quiet. This also really will only benfit the top prefered shares. Although the common stock will uptick if they give a little. The hedge funds need to spend money to lobbey Congress as they will have to approve it. This is not the presidents choice, or the heads of whos runnning the show. Congress must approve. Wwe need the people from occupy wallstreet to occupy WASHINTON DC, or camp outside of Fannie and freddie.
Although I have not lost a penny through owning fannie/freddie, They are keeping me from making a profit, In what is sopposed to be a free economy. The Govt can be shareholders and recieve dividends , but they are flat out takeing all the profits. Also people are mistaken that fannie and freddie have paid back the bailout. Technically they have paid way more then they received, but the Goverment is takeing the profits and sending to the treasury, and not allowing it to be used to pay back towards the govt payback in dividend agreements, as was allowed in that new LAW. So That is even worse, which most people do not know. They still owe the Govt money, The profits they are takeing is not going towards the debt. They obv did this becasue fannie and freddie made such a turn around so quick, and if they are debt free, the Govt looks even worse keeping consertivship.
People are scared and Big investors do not need to buy in at 2 dollars, as They have billions and can buy in at anytime and still make tons. Also they can not let money sit around for years waiting on the GOvt, As they need to make returns for investors, which they did with the high paying Dividends. BIll Ackman, hedge fund manager owns 10% of common shares, Also carl Ichan bought in though small for him, but it was big. There is over a billion outstanding shares, and profit per share as you see on this board was $59. Fannie/freddie are making huge amounts of profit like before,but this time under stricter regulations. So This stock is a shot for the avg person to buy in cheap and make tons of money, as you usually only hear of storys like that. THe only problem is the Govt is standing in Our way! Which is totaly against what out country is.
LETS SPEAK NOT ON THIS BOARD, BUT TO CONGRESS AND LET THE COUNTRY KNOW THAT, THE GOVT IS TAKEN PROFITS FROM A PUBLIC COMPNAY, PRIVITE CITIZENS AS THEY ARE OWENER/SHAREHOLDERS. NOT BECASUE THEY ARE OWED MONEY, AS FANNIE CAN AFFORD TO PAY THEM BACK. THEY TAKE THE PROFITS BECASUE THEY SAY THAT IS WHAT IS BEST FOR OUR COUNTRY. WE SHOULD ALL KNOW BY KNOW, CONGRESS AN GOVT HAVE NO CLUE WHATS BEST. THEY ARE STANDING IN MY WAY, AND ALLOWED ME TO BUY SHARES OF A COMPANY, AND TAKES ITS PROFIT, KEEPING ME FROM BENFITING MY LIFE AND FAMILYS LIFE, OR ANY OTHER OWNER, OR THE RETIRED PEOPLE WHO BOUGHT THE EXPENSIVE PREFRED SHARES, BECASUE THE 5-8% DIVIDENDS WERE BASICALLY GURANTEED. I am willing to wait, as i invested money i do not need to touch. Buying here and now on a big margin is risky, unless you know you can cover no problem, As bad news can come and make it drop 50% or so. Which happened when the lawsuit was thrown ou!!!!
Something stood out to me, that never has before. The way the government justifys takeing all the profits, by saying the money is going back to taxpayers. Which sounds great, but it's bullcrap. It's not like their sending everyone checks. Let's be real the debt amount of our country doesn't effect us, like the media says. It's just sounds bad. Im not implying it's a good thing, but hate when te guy next door acts like he's personaly paying it off. Yes our taxes go towards the debt, but until they raise taxes, no avg person is feeling the pain. Fannie Mae/ Freddie macs, problem was bad managment, and oversight. You can not sue, as as an investor you take that risk. Banks, like Bank of America, Jp morgan, who wrote those bad loans, and sold them to fannie and Freddie saying they were good loans. Or pileing good loans and throwing a few bad ones under the pile. The Feds got billions from the banks, which they say goes back to taxpayers, but like said bull. Due to the face of Bank of Americas wrongdoing and Jp morgans wrongdoing, wrongdoing IMO, if they decided to pay he fines but admit no wrongdoing themselves, so IMO wrongdoing. Their wrongdoing effected shareholders of fannie/Freddie, and should compensate. As fannie/Freddies purpose is to provide banks with liquid cash. The govt did not need to take conservativeship. Fannie/Freddie were i better shape then let to belive, but couldn't take the change of a shortage of liquid. The govt could have just gave them a bailout as they did the banks, and get their dividend payments as agreed upon. They were able to do it because your avg citizen did not know what Freddie and Fannie were, they still do not. They thought it was already run by the govt. it was a publicy traded company just like any other bank, for profit bussiness. Do you think the citizens of the untied states would stand for the govt to take convertive ship over Bank of America etc. No, people would protest and see it as an act of solicalism. Citzens need to rise up and contact congressman and cause a headach, for them to release company. There actions have hurt or hurting a free ecomney where someone can benfit. With the billions fannie makes this stock should be $40 plus, and as an avg citzen to buy in at 2 can benfit my life greatly as the free enterprise economy was set up for. The fed got 16 billion from bankofamerica, what about the people who did not partake in takeing out loans and were fine, but stil effected by the downturn in 2008, as many things changed. Citizens should be get dividend checks from these big lawsuits that the govt sues for on behalf of citizens as they say. Even if it's only a penny when divided up, I want my piece. all banks that took part in seeking shady loans to fannie and Freddie, should compensate shareholders. Fannie and Freddie's bad management although bad, not criminal, civil wrong doing.
My last arguement the ADMIN ended with 'CONVO IS DONE'
i wanted to reply, but i did not as I prob would have violated some rule. other then that i will not bow down or be nice to you becasue your an admin, when you respond in the same hostile manner.
ALSO, as this and all my complaints are in text, you can not read it, as im yelling or being rude, if i were able to voice my concerns verbally, it would be in a polite tone and manner. I think you just picture some person yelling and talking down to you like some employee. WHich is untrue
Not at all, but yes the right way to handle customers is to allow them to think that there right.
Reoercussions unless the customer physically assults you or commits a crime, there should be none. You usally curse and talk shit about the customer, when they leave.
also my arguments were not about my post being deleted, i argued about certain poster's post allowing to stay up when they violaate TOS. I always asked for fairness thats it.
90% of post are all of topic in some way, when you read the TOS the MODs need to take into consideration when a stand alone or response that is considered off-topic is ok and applys to the discussion.
example. BANK of AMERICA is a good company. I would like to ride that horse LONg.
BANK of AMERICA is a good company, I would like to ride that horse LONG.
*** I would like to ride that horse LONG"" off topic under TOS rules.
second one imo or, as one admin put it wouldnt be considered off topic.
Iv never complained why my post were removed, as you can not argue TOs, However my complaint would be the person just bashed me, why isnt his comment removed, Then i get sent a link to TOS.
IMO Its called my personal opinion... you know when you ask for no mustard on your buger at mcdonalds, and you politely, tell them they made a mistake and to exchange it, and the counter person gives you the attitude like you are wrong??
CEO Brian Thomas Moynihan, has been on point so far. Right after the lawsuit BAC increased over 100% that year. As i dont hold a position as of now, "no offense to anyone who does", i wouldnt mind seeeing a plunge. maybe buy some put options. then if they get through this little bump buy on the uptick. I asked about 20 becasue i dont think, even if things were perfect it would go much higher for now. AS Bank of America gets not as much publicity as jp morgan, wells fargo.
The way I looked at BAC, Was they apealed to the avg middle class and younger crowed. Chase has that wall street older person vibe. Wells fargo i dont know LOL, but I always seen younger people and tons of Bank of america cards. Now its all WELLS FARGO, Chase. Also wells Fargo has a good checking account, second chance type thing, which is where all the people who owe BAC and CHASE money are going.
i saw many people bashing IRp for not discloseing and complaining admins arent doing anything, so my post was agreeing about admins not doing anything. I was not complaing about deleated post, but telling a story of why imo admins are simply choseing to ignore things and send vague text book post in response to shut the person up, then say the convo is over! Does customer serivce not exist becasue, even though people complain bussiness is still good? thats fine. But my compaints never accused the admins of wrongdoing or said any vulgar statements at them.
shelly you were the most helpful. The thing is though, i have read the TOS, and you know that it's black and white just like any law that even a the best lawyer would viloate TOS. One of my post was consider off-topic becasuse it was supposed to be one sentence but i added a period before the last three words, and the admin said those three words were off topic. if i used a comma it would have been fine. When i argued about the premium boards, you could have told me that is her board, and i can make one too from the start. But i receive these text book answers that are to vague and a ploy to shut someone up. I admit when im wrong, I also knows what happens on this site, I only asked for fairness, when my post would get delated instantly and the guy that called me a jerk off take 15mins to get removed.
like i said i might have mis spoke to claim new lawsuits. Im not on here trying to be politicaly correct. I mean lawsuits and appeal news and updates and when thier is a decision that will move the stock, but only benfit a trader. These are my opinons, this is not your avg Ocbb stock, even if you had a thousand bashers or a thousand pumpers they can effect this stock as the amount of investors on this fourm doesnt matter with the size of this company. No one is churning the volume of trades like those wortless stocks, where insiders put in fake bids and sell back and fourth to make the stock look liquid.
I didnt mean it to bash them. The lawsuits are more to make a point, and put pressure on them, they have the money and resources to do that. They have the best lawyers in the world and there case didnt make it through the front door. They are fighting something that the govt has thier own lawyers all over it, and somewhere in small print in the agrrement when they took over allows the govt to do this. There not friviolous at all, but more of an activist suit then a real one to win. Filing lawsuits also do not cost that much,as it would cost tons to go to trial against the govt, and they would have to you their clients money for it.
fannie/freddie even though on otcbb arent scams!!
i just started posting today on fnma. it was a differnt otc stock that i had inside information on. Its not about controling a board so do not take it there. its about favoritism. i can care less about my post being remove if offtopic as long as the other is too. you must be a friend of the admin i insulted LMAO. DId i claim illegal activity???????? Its was pump n dump stocks and i only attack when i attack.
all my post are info after i read the sec filings and dso some DD. reason for 100 post usually is because thier all responses to idiots that cry, or the so called stock minipualotrs which i can sniff out with their text book responses. so you can shove it.
I should correct myself, imo a short at this moment might not be worth the risk/reward. AS i said there will be an uptick when the lawsuits get more attention before anykind of ruleing. IMO up to $3.50-4 range. Then right before the ruleing a short would be smart. Do not get greedy if it drops 30-50% close. Then Buy it right back up. My only reason for short talk is that its the only action this stock is going to see. Long term I'm in, but buying right now with a margin, and no put options to hedge, i dont wanna have to worry about covering my margin becasue a stupid lawsuit gets thrown out. Or you can just buy without margin and let it sit. 100k, in five years stock is at 20 1000% return thats a million. LOL
The biggest banks in the world did all get sued lMAO. BANK of america paid 16.65 billion for their part, Jp morgan paid 13billion LMAO that still has nothing to do with freddie and fannie anymore. Fannie and freddies only wrongdoing was not fraud it was unregulation and not doing their DD on the budles of mortgage backed securities. AS the bank was put A stamps on B mortgages, and B stamps on C mortgages, fannie and fred fell victim.
what does that have to do with fannie/freddie?????? fannie and fred have nothing to do with banks, also they doont buy everysingle mortgage. Many investment backs churn mortgages, fannie and freddie are just the elite. That was the most irrelevent post i have seen!
The dismissal didn't cover a lawsuit filed against the U.S. government by Pershing Square Capital Management LP, which made a similar argument but for a different group of shareholders.
he U.S. faces nearly 20 lawsuits from investors, with most challenging the treatment of shareholders in the firms' preferred stock. The Perry and Fairholme cases were among the most prominent and closely watched cases.
Like i said these lawsuits are more for the upper class stock with big dividends, and when the govt does decided to give a little back, they will benefit, This stock as well though. The govt is gonna give a little back to quite people down, and goning to take 5 years at least to give up full control IMO. Unless people lobby to congress, as they are the one who have to agree. not the president or CEO or whoever. Congress has alot on there plate, and will not acvtivally persue fannie/freddie unless pressured. Law suits are first steps. Even though it may seem though hedge funds are for the people, there postions profit from a small tick, so lawsuits is basically them hypeing up talk on ihub. I feel they know they did not stand a chance.
I think BILL ACK, Pershing Square, filed one. i also consider appeal new suit imo, ill correct my self if i am wrong that no new suits have been filed. Obv if the appeal is denied is same as a lawsuit getting thrown out. I did read somewhere that a few more activist stepped up to join the fight. Im going to have to refer back to what i read before i can say.
there are obvious signs of favoritism and abuse by MODS on boards and these gangs, iv expressed to an admin that this opens the doors for stock minipulation. Which the Admin told me not to tell him about any of that, and they been in running for 15 years. HE said "We have been running for 15years" Instead of a normal response of "THIS COMPANY, INVESTORHUB, OUR COMPANY, HE CHOSE TO SAY "WE'. I guess he could have been there from the start and be an owner?? lmao
Iv been attacked for rightfully bashing a company, imo is worthless that i do not even trade or short. weather anyone on here agrees with bashing or whatever, not the point. The point is All my post were being deleated, which some did break TOS rules, I also got some overturned. For some reason my attackers post, that were off-topic and violated rules were not removed, until i had to report them 100 times. My post were instantly off. I contacted admins and they only respond with mono tone replys from a book. Thats all your really gonna get, the Admins can not speak there mind as they say a wrong thing….. They just turn there heads and pretend they didnt see it, and reply with , "please read TOS page" …
the last huge dip was the day the lawsuites were thrown out. Even on this board it says you buy this stock based on politcal and legal matters, not financials, becasue they are making BILLIONs, the only problem is Govt is taking it.
They just refiled same type of lawsuit, maybe changed wording around. Saying the govt is violateing 5th admendent by taking private property and useing it for them. Something like that!
The same ones that were alreadt thrown out!! NO speeach will effect this stock to rise dramactilly. of course watt will try to keep people calm, but this has to go through congress, who has a ton of things to do. Also if there is any kind of relief to shareholders it will be those with the preferred shares with the big dividends first.