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What is going on? Are we waiting for anything? Is SCOTUS the last outstanding catalyst for now?
Yep we got them right where we want them.
Is this the only investment you have?...
"Common is 4% of our portfolio, preferred's 1%"
"We view these as long term options on the eventual release of the GSE's"
Pershing Square having their annual investor call... will mention FNMA FMMC.
Saw that to. Which one of you degenerates posted that. Noticed it was from a pretty fresh account.
Which one of you was on the PSTH reddit page pumping FNMA : ) I see you.
I don't follow FNMA FMCC like I used to... this doesn't seem like much of a story just a recap. I'll go back to my SPACS now. Still have a core holding but that is about it.
Are there any ties between hedge funds and Fannie and Freddie and Janet yellen?
Nice let us know where they end up
They can't buy it on Robin Hood
Don't forget Nokia
I bought some Nokia call leaps (options) yesterday at a buck. Ran up to 3 today.
Really need FNMA and FMCC to be relisted so Robinhood investors can buy.
I don't know why Along spends his time trying to short this for a 30 cent gain. Sort of like JPS trying to get a 100% gain 5 years from now... The risk reward only exists for commons to run up to 20+ or nothing.
Some of us don't have internet and appreciate the updates/hype.
Filed in Advocacy, Housing Finance on February 19, 2014
In her first time testifying before Congress as Federal Reserve chair, Janet Yellen said that “government funding remains critical to the mortgage sector.”
“With respect to GSEs (Fannie Mae and Freddie Mac), it is important for Congress to put in place a new system to address GSE reform. We still have a system that has systemic risk. The government funding remains critical to the mortgage sector and I think to really get housing back on its feet it’s important for Congress to put in place a new system and to explicitly decide what role the government should (have) in helping the housing sector.”
Any thoughts?
Why do you argue with common holders. It's the same ship. And that ship is sinking for all of us.
That's why Maxine Waters wanted to meet with him so she could buy up a bunch of shares before he made announcement
Friday will be a good day for me. PSPA, payday, and Wells Fargo earnings.
Thanks Guido appreciate that
Enough that he mentioned them being his top pick for a breakout in 2021.
Don't lose faith. Until Bill Ackman tells me it's over I am not walking away.
What do we think it will be?
No his old article said Genworth would have been up to 10 or so by now and then he would have transferred all funds back to twins or something, oh wait.
I hate myself for reading his articles.
6200 here
How rich we talking? PF Chang's for lunch rich?
Waited all these years to maybe get 3x? Another 4 years to start getting dividends... If my max upside was 3x for all of the risk we have I would never invest in FNMA JPS. So many better ways to make money without that risk.
If someone was all in on twins commons and wanted some JPS hedge that is one thing but all in on JPS... i dont get it.
"HoldenWalker99 ????
@HoldenWalker99
·
4h
You're welcome. Just don't blame me if we all get wiped out."
Agreed it's crazy people posting about buying at 2.7 selling in 2.teens.
It's odd seeing so many people on this board buy high and sell low.
The guy lives in a van down by the river so I would take it with a grain of salt? Is he someone important anyway? Not sure why everyone follows him.
Highest volume day on this board in a long time.
"F Mnuchin, my bday is tomorrow"
That needs to be on a T Shirt. Ha
Can you repost the ACG timeline, Thanks!
Thanks!
It's funny we all have tens of thousands of dollars in Fannie Mae and Freddie Mac but only like two of us have a business insider subscription lol
That's cool. ACG is an ally. Hope they are correct. Has Gaby been making any statements? Someone should invite her to the board.
I thought we could be waiting 6 months... Why do we think the 18th is the new date?