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.
The night is darkest before dawn
Thanks Neo, I just subscribed to TH blog. Good info.
KThomp, you appear to have a solid, in depth understanding of FnF history as it pertains to FHFA and Treasury.
I enjoy reading your posts, but I have no idea on how you see the conservatorship ending. How do you see the preferreds and commons doing? I realize there are numerous possible outcomes, but I'm curious what you think.
If your selling, I'm buying. Good Karma for F&F
I still predict 1st half of 2025 IF Trump wins.
Late 2027 if FJB stays in.
Clearly you did not read the fine print with the asterisk that says "wishful thinking".
It's at the bottom of his post printed in font size #2
After = 10 years from now.
Lol...
Are we speaking with..
Arnold or Benedict
right now?
We will see Jog. We will see.
Lamberth will toss the appeal. Of course he will wait 40 days to issue his decision.
Someone should turn him on to chatgbt...we'd get a decision in 10 minutes.
I think Lamberth sides with the shareholders. That said, how long til he announces his position? 30 days, 60 days, unlimited time frame?
What does the latest here mean exactly? Did FHFA file to keep these documents sealed? Just want to know if I'm understanding this right.
Friday, April 19th marks 30 days since Lamberth signed the verdict. Is Friday the deadline for the government appeal? TIA
Wiseman, do you have any recent proof. You're posting items from 2014 and 2020.
He's running the Boston Marathon today in tight form fiiting FNMA bodysuit. He's throwing necklaces and gold coins to the throngs of crowds. Crowds are going wild seeing his whaleballs bounce left and right as he rolls. We should go up $1 tomorrow.
Whalen: I'm not an expert, but what he says about FNMA credit rating downgrades upon exit....is his statement accurate?
Also, he basically slams the people running FNMA as idiots. I'm sure Priscilla Almodovar wouldn't be happy to read his article.
Link to transcript? Thx
Earnings coming in a few weeks for the twins. Should be exciting to see our retained earnings rise another 7 to 8B.
I personally don't think R&R get a serious look until FNMA shows 100B+ in retained earnings. I personally believe that's going to be the physiological number that gets the gov't moving.
That said, I really don't want to see the Biden Admin touch this. Remember, this administration is comprisec of ALL Obama alumni. Obama stole our profits through NWS. Finally, the JB administration really tends to screw up every policy they touch.
Haha...love your posts man. You make me laugh.
Whats up with your cat? Hope it's ok.
Perspective (for me). I left the US to vacation in SE Asia on March 5th. FNMA was $1.27 that day and I was happy. Now, it's sitting at $1.30, and despite to big dump down, we have retraced only 30 days.
This drop was over done and scared a lot of people out. I'm holding on strong no matter.
Lamberth signed off on 3/20. How many days does the defendants have to file appeal? I seem to remember seeing 15d, 30d and 60d. Anybody know for sure? Thanks.
Good point. I believe the real elephant is the very bloated FHFA salaries that survive solely on GSE money. The House does not appropriate the monies to the FHFA annually...the GSE's pay it.
That said....Congress doesn't want to add that money in each year, nor do they want to downsize the FHFA. Trump and Vivek will slice and dice the FHFA payroll and release the GSE's.
Nothing happens this year. Also, I think the magic number for FNMA retained earnings is 100B
#wordsalad
Happy Monday evening from Phi Phi Island, Thailand. Let's get this party started. I wanna see some greeeeeen shoots today.
Weak hands got out on Thursday. No worries people. I think we retraced 2 weeks right? Not a big deal. Know what you own.
Tight coil, Rick and Boat will show you the way said Fannie Hey Hey Hey.....
Bet you're great fun at parties.
Yes, probably need to get to that $2.14 price in order to stay above $2.
Have a feeling we will be bouncing off that psychological $2.00 number for a bit though until fully Consolidated.
Never know tho. Let's go $3.+
Along4zanalride,
I believe you write these posts because you are a very bad investor. I believe you held this stock and sold it on a rip, way back when the stock jumped to .84 cents. You were looking for a lower entry spot, but you got burned bad as it shot up higher.
You still can redeem your lackluster trading skills and get in now, because soon, this will be in the low $3.00 range.
Talk to your boy Arnold about it and BTW, tell your mom to quit texting me so much. No means No.
Hello my friends. It's been awhile for me. Catching up on old posts. Crazy couple of months.
- Luluvan cashed out? Hopefully not or he probably has big time sellers remorse.
- Almodovar comments is foreshadowing IMO. CEO suddenly starts making comments as she has recently....tells me someone higher up is allowing her to say these things.
- Lamberth ruling greatly reduces the gov't ability to re-enact any kind of future sweep on us, and I also believe that the heavy dilution of shares is reduced by a lot too.
Good luck to all of us....know what you own! Don't get all froggy and sell thinking you can time thus thing because you can't. Don't be another Along4zride and sell, only to watch it run higher and higher....baby.
Yes Lule...you repeat this same diatribe daily. We all know this and its the risk common shareholders understand. You can stop trying to get the commons to switch to preferreds in order to help pump liquidity into your illiquid preferred stocks.
1. We got it.
2. If you have any doubts, refer back to #1.
Thank you.
Thanks Nagoya. Sorry for the late reply as I am in 1 post per day prison.
Maybe the lawyer size is being reduced on the record because they feel the end is near on this case. Meaning they feel confident that all parties will agree and Lamberth will finally sign off on the verdict. IDK???
I didn't read that anywhere. Which lead lawyer? Our side or government side? Who was it?
Venice Queen from Red Hot Chili Peppers. Badass song.
Thanks Neo. Question in the Feds 2.4T MBS. If the fed wants to run it off their books, can they accelerate their efforts by having F&F buy it from them? IDK?
Be careful, don't be an Arnold and think you can suddenly time F&F price movements and get left in the dust. You can wake up tomorrow to breaking news of a release, then you're chasing big. Be careful. Know what you own.
What's the current dollar amount of MBS on the Feds balance sheet? Last I read, they are reducing, but at a painfully slow pace. Anybody have the number?
I'm long game, so honestly I'm happy to see the retracement to these levels. Tells us that weak hands are dropping out, but plenty on new longs added. Get ready for next leg up.
***Don't be weak like Arnold who got out early and now is too stupid to get back in...haha.
(One post per day continued)
Very encouraging see the stock fluctuating wildly to the downside after a nice run up to $1.40. Tells me that the stock has already gotten rid of the weak hands and the serious buyers are holding on.
Know what you own people. This could very well shoot 2,000% or higher over next few years easily.
Hope so. We need to see some healthy consolidation before next two legs up and open.
News like this - if this gets to JB administration, then they may well move faster to nullify his grandeur. Stay tuned and hold your shares. Know what you own