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I've been holding since 2009 as well, but I dont share your optimism.
Given the current situation, I have lost all faith in the "justice" system, and I consider this stock to be nothing more than a lottery ticket.
be careful what you wish for.
You just might get it.
The next big headline will be:
Ackman sells entire fnma position"
I thinks its a strong possibility the stock will keep on bleeding down into the near future. There is no good news anywhere on the horizon.
I'm curious as to why you decided to buy today
that article is nearly a year old.
its gone beyond sad.
Heads should roll.........
its going to be depressing watching it go under 1.00
This entire saga has evolved into a greek tragedy.
Its beyond pathetic.
let it crash and burn.............
are there any more hail mary passes in the future?
I do believe all have been exhausted.
"the supreme court will save us"
"sweeney will save us"
"the tooth fairy will save us"
" the easter bunny will save us"
my guess is that bruce is growing worried to the point of becoming desperate.
Everything else has failed, and the only thing left is the Supreme court. I refer to it as the hail mary pass.
The fact that fannie needs another draw speaks volumes about shareholder survival.
As a shareholder since 2009, its my honest opinion that this draw is the equivalent of putting the last few nails in our coffin. There's no chance that shareholders will benefit from a taxpayer-funded company that needs more bailouts. I believe this engineered draw is exactly what the enemies of the gse's wanted. Its the catalyst for something much worse on the horizon.
There's no chance that private shareholders will benefit from taxpayer funds.
Its not going to happen. Too much politics involved.
"sweeney will save us"
"the supreme court will save us"
"the tooth fairy will save us"
"the easter bunny will save us"
Politics plays a crucial role in the never-ending saga of the gse's
after the 120th delay, I finally gave up on sweeney.
I dont think I've ever seen a more pitiful excuse for a judge.
She deserves to be tarred and feathered, and then run out of town.
my comment was meant as sarcasm.
I've been holding this junk since 2009, and due to the current circumstances, there is no way I plan on buying anymore.
I cant believe you took my comment to be serious......lol
I bought 500,000 more shares today.
Those who buy less than 100,000 shares at a time are chumps.
lol, yeah, I also recall seeing those posts.
I didnt believe it then, and I dont now.
"the supreme court will save us"
"I'm gonna buy my own island"
"I had to claim $40k income from jus Trading Freddie"
I'm an astronaut, and also a U.S. Senator.
I once jumped out of a plane at 20,000ft with a bag containing over 200 grand.
"it'll never go under 4.00 again"
"munchin will save us"
"sweeney will save us"
"we are golden"
"the supreme court will save us"
I wouldnt be surprised if ackman and berko are slowly selling out.
If anyone is planning on buying more, I would wait until after the draw.
This could get real ugly.
very well stated!
Excellent post.
I think the toaster is beginning to heat up.
It appears Trump is going to continue using the gse's to fund his projects.
This has been one gigantic disappointment after another.
I'm not aware of any allies at all.
Many powerful enemies, but no allies to be found anywhere.
I've had catbird on ignore for several months.
I think the stock will remain OTC for years.
Possibly permanent.
5.00 or 1.87 by friday!!!
when he doesnt look into the scandal, be sure to let us know how your lawsuits are coming along.
Its obvious you have not learned any lessons.
I hope I'm wrong.
several years is my best guess.
bravo!!!
The most common-sense post I've read in quite awhile.
haha, good luck with your lawsuit.
How's that working out so far?
I expect nothing will happen to warner or corker.
you guys are getting excited over nothing.....which is typical for this board.
I added 700,000 more shares today.
I'm also a U.S. Senator and CIA spook.
whatever happened to that trapper jim guy?
He was here pumping the stock for a few weeks straight, then all of a sudden vanished.
perhaps he bailed?
there were lots of gigantic swings back in the days of early C-ship. It was crazy and not for the faint of heart.
I think those days of the big swings are gone.