Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
52 week lows, not all time lows
Testing the lows after SCOTUS decision
Why do you care about Hindes if you have real sources of intel???
Calling BS
Hi Robert
What is your take on what BigBruce28 posted at 4:49? Do you feel like the plaintiff's lawyers are doing an effective job?
LOL!
Directly from the website...
"Sayers Research was founded by Kyle Nisbet, a then Junior at Wilmington Friends, in May 2020. As Kyle was very interested in finance and investing, he wanted a way for him, and his colleagues to gain more experience in the industry.
Overall, I started this research group so that other students like us who has a passion for finance and research can use both of those skills to gain experience, while also possibly helping others by publishing the research"
Why don't you ask Justin Bieber what his price targets are? or even Sponge Bob?
Preferreds - Buy, Buy, Buy
Commons - Sell Mortimer, Sell!!
Listening to Breyer’s questioning of David Thompson during oral arguments again …seem to fall in line with the dismissal of the APA claim…but does suggest that a takings claim would be the more successful path…questioning starts at 1:08:20
https://www.c-span.org/video/?477438-1/collins-v-mnuchin-consolidated-oral-argument
Agreed. Also, no quote mentioned where Mnuchin explicity stated that he would not consider a consent decree.
follow the thread...not talking about stock price, talking about an increase in capital
The senior preferred are clearly listed under equity on the balance sheet, not under liabilities...not saying it would be considered core capital...point is that reducing the PSPA would not result in major windfall to FNMA
PSPA is equity...not debt
How do you figure the PSPA cancellation nets F&F $100B???
A portion of the $80B could be used to repay the overpayment to the Treasury beyond the original agreement
Not entirely true...Treasury has $80B of that amount that is discretionary...
I agree it is probably rare, but the question is whether it is a possible or not. If the case you cited is correct, that must mean it is a possibility. As far as the homework assignment, I'll leave that to you...
Per the Americanbar.org website...
Once a suit is filed, it can be settled before the trial begins, during the trial, while the jury is deliberating, or even after a verdict is rendered. A settlement doesn't usually state that anyone was right or wrong in the case, nor does it have to settle the whole case.
Updated commentary from Boyle capital...
https://www.boylecapital.com/news-and-insights/2020-q3-commentary
Thanks...interesting that he says that a consent decree could be easily modified by a new FHFA director
That's one of the biggest points that I disagree with him on...by definition, a consent decree cannot be modified unless both parties agree to the modification...don't think that F&F would agree to any modification that prevented their release...
Even Moelis showed JPS being converted to common, increasing core capital by $25B in their analysis
Conversion rate will either be pre-established, as Treasury did with AIG, or be set at the IPO price…
If Scotus takes the case, it will be an order, not an opinion...
absuletly ridiculous....you don't know who or what was behind the buy transaction...don't me wrong, I am bullish regarding common and preferred...
whatever...I stated it was logical...not saying that is what is going to happen necessarily
thanks...think your conclusion regarding outcome is logical
you don't know that those are fund purchases...most are market maker inventory..
algos...translation, market makers...
60% of all trades are just algos moving shares back and forth….remember this
this is not the Collins reply...just read the Conclusion...
And, here, there may well be a temporary taking because of the Collins case, which is going to be decided by June of 2020 by the United States Supreme Court in all likelihood, given that the Solicitor General has asked for cert to be granted, and we’ll know by December 13th about that.
A conversion of preferred to common does increase core capital, which is clear even from looking at the Moelis plan.
not true
most likely it was a stop loss being taken out...I have had it happen before, but not on this stock
that's not how limit orders work...if a limit order was placed, the best available price would have been filled, which would have been the bid price at that time...
go have a drink...maybe two
Mnuchin and Calabria said that they were trying to get it done by Sept 30th, and if not, it would soon after...never said it was a done deal for Sept. 30th
Lol, no
Uh, that was hedge fund manager, Kyle Bass
Kyle Bass just said on CNBC that FNMA Preferreds was his highest conviction trade!
get a grip Old Navy!!
Think you are missing the point here…there is competition for IPO dollars and there is a long list of IPOs already in the pipeline for 2019…assuming there was a 100B capital raise in a year, it would suck up every IPO dollar in the market…
FnF will not be fully recapped via an capital raise within 12 months. The largest IPO in stock market history was Alibaba, which raised roughly $23B and you are suggesting they will raise over $100B in a year? Won’t happen.