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.
Do fools believe this is a good idea? If anything, it takes away equity from the books of the GSEs. Loading Freddie with mortgages that have no equity is exactly what landed them in conservatorship.
It's f'n dumb.
https://www.otcmarkets.com/stock/FNMA/overview
^^^^^^ fake market 😂
$1.18 is my software's absolute bottom support. Speaking out your ass boy.
Will never happen. Said that twice in three months now. No pull back - Run up early. Accumulating here - there's no one shorting and any volume makes this move up fast. $2.00 price target is too low imo. $1.54 is the technical resistance $1.18 is my software's absolute bottom support. Speaking out your ass boy.
Yes, all shares will hit the NYSE at $50-60 after a 1000x reverse split from 5 cents.
There are plenty of people out there who've come to the same conclusion on their own.
He's right
zero basis…
You're gonna make 100M? Can't wait for the SEC filing. Anyway stop distracting. Keep my name out of your posts. Any more and I just will push forward with more to legal and I already have this on record with the Admins. You are claiming I sell services. Knock it off.
Whoop Tee Do man, I bet I will get to 9 figures in my personal account before you get to 9 figures AUM. 😂
Well if you want to sue me big boy for asking what you think FNMA commons are worth, pre and post conservatorship, then good luck with that. 🤣
Dude 72K shares ain't sh!t. My trading accounts fluctuate 6 figures on the daily with less than 1% moves.
Maybe one day you will actually know what a 'shit ton' is. 😆
Instead of the Ad Homs, why don't you buy a real position? Put some real money in this turd.
It ain't slander if it's the truth.
Calculate a 7% ROR for 50 years on a $10K investment and tell me how much it is. This is the investing your heroes champion. The oracle is FOS.
Still waiting on that valuation. Is it part of the "service" you claim to provide?
I don't know about you, but I don't give a crap about some dude that bought a hotel and a vineyard; some lying old man from Omaha that made the bulk of his money in the '70s with junk bonds/insider trading before the computer age; and last but not least the 4 people on your list.....I want the FNMA valuation according to the super duper software.
Thanks for that tweet. I've got my popcorn ready.
I see Pags for what he is and he's certainly no Nostradamus. Just one more talking head....seeking attention like a needy woman.
But since you apparently have some super duper trading software that does predict the future, just what does it say FNMA commons are worth, this year? Upon release?
I'd like to hear your arguments for a valuation, since you poo poo'd JOoa0ky. I'm all ears.
Every time I hear someone say what will or will not happen that's a red flag! I think you, no name, are a con artist pushing the theft. YES, I said it and I’d say to your face!
Even if that was true, the janitor would have a lot more knowledge of capital restructurings that you do. You can talk all the s**t you want but it won't change reality.
Oh please do. File in small claims court and see what happens to you.
Conservatorships happen all the time. Like it or not they are analogous with Chapter 11 bankruptcies, except that in Chapter 11 shareholders actually have rights. Priority in payment is the same and when the party with seniority is the government, don't expect any windfalls. It's not politically palatable, especially given it would likely be illegal.
You think you know it all.
Reality is that the journey has been filled with unprecedented turns, at least for the 11 years I've been following the GSEs. Unlike you, I don't think that everything will suddenly revert to the "norm" of restructuring and receivership. I leave open the possibility that the resolution here will be different because the journey here was different.
You can't even differentiate between blinders and knowledge. You're part of the same crew that thinks dividends are paying off equity! LMAO
You and the rest of the pump crew can just get over the butthurt. Life ain't fair. The government has all the power and you have ZERO.
Those with ZERO power should expect ZERO windfall.
For anyone new here Rodney repeats the same fallacy over and over again....some mumbo jumbo about how the lawyers are so stupid yet he's so smart....and points to a portion of the law that's irrelevant.
If that's true then you should probably listen.
You aren't going to convince me nor anyone else here that you have inside knowledge of the final disposition.
Common investors are betting that it's not 1,000,000 to 1 and that you don't know what you're talking about. Sounds pretty solid to me.
""Charity" is absolutely the right word to use. Every dollar that legacy common shareholders end up with as the result of a senior pref writedown could remain with Treasury if they choose the convert the seniors instead. Placement in the capital structure matters."
So the inverse is also true. Every dollar that is taken from the common shareholders as the result of the senior preferred write-UP, could remain with Common shareholders if they chose to stop stealing the equity.
KT spitting facts.....and no amount of whining will change reality.
Couldn't get Roaring Kitty but I got a solid commitment from Farting Rhino.
Propaganda of the mentally challenged. A $94 billion haircut isn't a $98 billion windfall.
0% chance. ZERO
You are a pathetic embarrassment. The only chance of FnF release is with DJT yet you inundate the forum with these types of stupid comments.
Then you should have no problem quoting that relevant portion of HERA.
The government is not allow to exceed 79.9% ownership.
What exactly do you contribute here?
****crickets****
My advice to you is to buy more commons. Hand over fist.
Hi No Name - based off your years of restructuring experience - isnt a vote required on a series by series basis for any reduction of nominal value of the JPS?
There is nothing charitable about a write down.
Treasury didn't take that illegal action.
For the last time - because I'm not going to keep repeating myself - if you have evidence that writing down the SPS LP is illegal, please provide evidence of such. Otherwise, you repeating a quote from a book is.. by defintion... HEARSAY! I heard that it's illegal, therefore it must be illegal. :)
JPS are redeemed, like SPS, not converted to Commons.
You're good at copy and pasting but apparently you don't understand the difference between a capital waterfall in conservatorship and receivership.
Have you been to the beach lately? Next time leave the sand behind as it seems you have some in your crack.
If you're so confident big boy then surely you'll give me odds? While the price may exceed $325 within five years of release, it'll only do so because of a reverse split.
You think the conservatorship will end before 2026? Did Bradford tell you that?