I think I'm correct on this stock pick. I am an expert in underwriting a company and this one is gana go up. Just my opinion but I just did a 4 bagger on draftkings and made a mill

This has the float at 400m, that for sure isn't true. Yahoo updates the float all the time, I've monitoring it and took screenshots.

https://finance.yahoo.com/quote/IEP?.tsrc=applewf

Anyone else see the float go from 59m to 42m?

I think he bought them back and retired the shares

I already did at $20. Love the company, but they seriously need to pay dividends instead of advertising so much

Lobby Wallstreetbets to help us out.

Bloomberg on fnma. Pretty interesting and it appears he supports us

https://www.google.com/amp/s/thinkprogress.org/mayor-bloomberg-it-was-not-the-banks-that-created-the-mortgage-crisis-5eba647c32c7/amp/

I was just in Thailand, did we Scuba dive together in Koh Tao?

I am still optimistic but I am going to sell for now

Ive held this stock for years watching the ups and downs without selling. Even I sold some at this point. 20k block gone

HA that was the first thing I thought or more liekly scenario is Berkshire Hathaway doing it

yes, I just read them. he posted the link

wow

e. Insured depository institutions will not be permitted to be guarantors.

Politico article has Otting quoting that the GSE's need 150-200b in capital reserves. My question is if they need this much money then winding them down isnt on the horizon. Good news

Now problem is if they want to issue new stock or not or how are they goign to raise this money. I am 50/50 in common/preferreds at the moment and want the best for both.

lol but we ended the day green (smiley face dancing emoji)

Otting is pretty wealthy, he was the CEO of a multi billon dollar bank for 8 years.

I of course want it to be true but definetely dont trust half the chit I see on here. The same guys who say receivership is imminent one day will reverse the position the very next.

feel free to post it then, I highly doubt he made that comment

Please provide link of him actually saying this....not some dudes twitter

Cue dancing smiling emoji. FNMA is up to 1.42/share. Anderson Cooper is interviewing the top posters on Investorhub tonight.

Receivorship is by far and away the riskiest thing they could do. SM is no dummy

good point however i dont think he can do either without treasury support at a minimum. REceivership is a huge change to our entire housing stucture and economic system millions of americans live off of....Mark calabria can just willy nilly change all of this on his own HAHA doubt it

he has done a good job at politicing his words.

From what I understand he cant go into receivership without full congressional support. am I wrong in this accessment?

it is the "any reasonable person" test. If his plans were to get rid of the GSE's you have have to expect him to use different language unless he is purposly trying to deceive.

Is there anyone who doesnt think Mnuchin is on our side? everything he says about getting GSE's out of conservatorship seems to be positive. He definetely would have said wind down the gses or put them into receivorship if he planned on doing somehting else.

they are not related at all

That is the only positive article i have read about him. Not sure where you dug that up from but every else is doom and gloom. Hersarling even supports this guy

Mark Calabria is not good for commons!

bc I would make more money?

if commons go under $1 I am selling all my prefferds and going all in on commons.

Root for the dems to take the house and reps to keep senate.

SM doesnt want a smaller GSE market and dems look to take back congress on tuesday!!

What is best case scenario for commons. Dems or Republicans winning Congress?

Bloomberg: Trump wants to privatize Freddie & Fannie.

absolutly

no been there for probably 3 years

Brooks guaranteed

I know exactly who it is....

you do realize FNMA isnt on the DOW you goon.

lucky for us some of the largest shareholders of FNMA are his economic advisers

they have to wait for congress to fail on housing reform, i think we all know that