Tuesday, December 26, 2023 9:16:26 PM
Thank you everyone for your posts you always have very timely information about this stock.
I have owned this stock since 2011 when I worked in the housing industry and saw how much money the twins make I knew they would never go away. The way I see this situation is they were put into conservatorship in 2008 as probably a knee jerk reaction or to just get their hands on this cash cow. How much money did FnF have before conservatorship and where did it all go? Then in 2012 they instituted the NWS and when the court battles wanted to see the emails the government said they couldn’t show them because of national security concerns. And the limited emails that were released Said they were going to be entering some golden years. Also these companies paid back what they borrowed within a couple of years, that screams they didn’t need the money in the first place. Well now we are finally winning some court cases and now the government is just trying to do damage control and as the Navy Commander said earlier don’t quit or sell now. Simple math(P/E ratio stuff) says these companies should be $200+ a share companies and that is not including the damages for stealing our money.
Stay Long and don’t give up
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