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Rick likely sold after becoming sick and tired of waiting around to become rich. I'm sure many, many others have done the same.
On a more somber note, some of you might remember a fellow named dgplexus on the old yahoo board. His real name was Dan and he was a computer pioneer entrepreneur according to his obituary. Dan was obsessed with the GSE's and made thousands of comments.
One day everyone noticed that Dan hadnt posted in awhile, and it was eventually discovered he had passed away from a heart attack.
I'm confident the sweep will continue into 2018.
great day for the longs!
this quote from the article should be a red flag warning:
"The plan doesn’t address what could happen to current shareholders of Fannie and Freddie. In its outline of potential ways to transition to the new system, the MBA said the companies could be put into receivership or could create subsidiaries, unburdened by guarantees on legacy-mortgage backed securities, which could then be spun off into the private market"
its no secret that I absolutely despise the queen of delay(sweeney).
But I also am a bit pissed at fairholme for not objecting to the hundreds of delays during this saga. One would think fairholme would be more agressive. Fairholme is being too nice.
give it a rest already.......
call me a conspiracy theorist, but with sweeneys help, I suspect the plan is to stall/delay until 2018, then when the companies are broke(net zero), it'll be a legitimate justification for placing the gse's into receivership. By then Corker, the bankers and their merry band of minions will have a plan to replace the gse's. Shareholders have very, very little chance of reward as time goes on.
So far, their plan is working.
the queen of delay was appointed by Bush.
The same Bush who ordered Hank Paulson to decapitate the GSE's
Hell, even ray charles and helen keller could see that sweeney is biased and corrupt.
after what I've witnessed during this joke of a trial, I'm come to the conclusion that sweeneys head should be on a platter.
First, she gives the Feds nearly every advantage possible, then the icing on the cake is when she allows the feds to pick and choose which documents are to be released.
geeezz........talk about a mockery of justice.
give it a rest already.
we all know you didnt buy 10,000 shares today, and I seriously doubt you bought 10,000 shares the previous week, and the week before that.
it is a lot of frustration, and it should be aimed at sweeney.
that wretch is a very large part of shareholder problems.
maybe fnma will buy google and NASA and MTV
nearly every run-up since c-ship has been "fake"
Its incredibly predictable. It explains why its a trading stock only.
as far as the courts go, yes its over for shareholders, and it appears mnuchin is no hope as well.
time and time again I've watched as wretched sweeney gave the feds nearly every advantage possible, and the icing on the cake is allowing the Feds to pick and choose which documents are to be released. That right there is the ultimate slap in the face to shareholders. Its also a slap in the face to justice. I'll never understand why so many on this board continue to praise the queen of delay(sweeney)
Every shareholder of fnma should be directing their anger at sweeney, but instead she gets praise.....lol+
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the release has been delayed according to yesterdays filing.
The really sad part is sweeney has allowed the government to pick and choose which documents are to be released.
good ole sweeney.........
its legal according to the courts. This is why Trump is proceeding with the sweep.
the queen of delay(sweeney) strikes again!!
http://www.glenbradford.com/wp-content/uploads/2017/04/sweeney-extension.pdf
we've seen these spikes come and go since c-ship, but the lemmings will say this time "its different".....lol
There is ONLY one event that will cause the stock to skyrocket and actually hold gains, and that is if mnuchin specifically calls for the release from c-ship.
Everything else is just fluff and a trading opportunity.
dont get caught up in the hype.
fnma veterans know very well these pops never hold gains. However, its amusing to see the newbies get all excited thinking the "train has left the station"
people make bad decisions everyday in the market.
For example, look at the bad decisions ackman made last year. He lost over a billion due to poor decisions.
Betting big doesnt always equate to having the "inside scoop"
I sense a lot of denial and desperation on this board.
Better luck tomorrow, and remember to never fall in love with a stock.
Being sentimental is a no-no in the market.
I suggest you be ready to lose more money.
No, its not going to see 4.37 anytime soon. Mnuchin and his buddies will make sure it doesnt happen.
Have you even noticed that mnuchin is becoming very good friends with those who want the gse's dead?
Thats some of the worst news I've read in a long time regarding the GSE's.
Leave it up to mnuchin to throw shareholders under the bus.
thats certainly another possibility. It wouldnt surprise me.
the feds have fought tooth and nail against releasing the documents, and now all of a sudden they have no objection to them being released??
suuuuure.............lol
In other words, the particular documents the feds are willing to release are meaningless and useless. Keep in mind, sweeney has allowed the feds to pick and choose which documents are allowed to be released. The whole thing has evolved into a gigantic joke.
the queen of delay has gone above and beyond to give the Feds every advantage, therefore I stand behind my comment. If you still find yourself upset because of my comment, I encourage you to find a safe space or something of the sort. Put me on ignore if you like.
I believe in equality, therefore they BOTH belong in jail.
by now, I think we're all aware of the type of justice she represents.
She deserves to be in jail with the rest of the rotten bunch.
The queen of delay will soon strike again!
I clearly remember you saying the same thing about Trump.
level 3 shows big money flowing in!!!!
Soros investing bilions!!!
60.00 by friday!!!
BINGO!!!
you nailed it.
OMG!!!!!!......tucker talked with rosner!!!!
$200 by friday!!!
hahah....go ahead and do that.
without a doubt the best trading stock on the planet.
Just dont be stupid enough to hold long. The longs smile while counting their worthless paper gains, while guys like me smile while putting cold cash in the bank.
exactly right!
This has been a lottery ticket from the start.
"I am sure youll end green"
does this imply you're no longer holding any common?
the shorts win by a landslide.
that is typical of government planning.