Gains were first realized by trading shares using an initial sum of money until a 210% profit was earned in 2008. Then, an investment was made with part of those profits, while the initial sum and profit remainder was placed back into the stock account.
This investment is not traded and is subject to the whims of the market. In other words, the current investment is do or die. The investment has only provided gains so far, but nothing remarkable yet.
The share price could go south and there could be a loss of the entire investment. It also could head north for much greater gains.
As far as timing goes for this investment, it was initially thought that the GSEs would be released a few years after the investment was made. However, that was mistaken. The Obama Administration saw the windfall coming and took full advantage of that windfall though the net worth sweep in 2012. Free money to the US Treasury to use as desired. There is no wonder in the resistance and foot dragging in court and in Congress on this account.
The outcomes of the court cases that ensued after the net worth sweep and the lack of congressional and FHFA action slowed the time to release. All of this coupled with a large dose of unremitting uncertainty pushed the share price into a downward trend beginning with Millett/Ginsburg Decision in the U.S. Circuit Court of Appeals for the District of Columbia on 2-21-2017. Now the slow acting Congress and snail like US Treasury today have put the GSEs' future position and role in the financial sector on the back burner until 2019. At the moment, the GSEs are still cash cows milked by the US Government.
The next signal moment will be when President Trump nominates the next FHFA director. President Obama nominated Watt in May 2013 and Watt was confirmed by the Senate in December 2013. it can be expected that President Trump will nominate the new FHFA Director this year.
