Fannie Mae-No Politics (FNMA)

[kthomp19]

So why do you keep telling people to file their own lawsuit?

My first signature line does provide a second option. 😉

To answer your question, it's because filing a lawsuit would actually show that the poster actually takes their theories seriously, rather than just posting to get that dopamine hit of other posters liking and agreeing with their posts. The latter is just cheerleaders waving their pom-poms at a pep rally.

And no, the discussions on this board are not pure entertainment in their own isolated bubble from the rest of the world. For example, Barron has taken it upon himself to directly contact some of the plaintiff teams with his theories and has officially been ignored. Behind the scenes, though, at least one of the plaintiffs' lawyers has expressed exasperation that "untrained common shareholders" (that lawyer's own words) think they know the law better that they do. This can have a real impact if these lawyers' disdainful stance towards common shareholders causes them to handle things differently than they otherwise would.



Also, there is a third, read-between-the-lines, part of my first signature line. I had hoped I wouldn't have to spell it out like this, but here is a more accurate version.

Got legal theories no plaintiff has tried? File your own lawsuit, shut up, or be shown to be a hypocrite.

Perhaps terms like "armchair QB" or "member of the peanut gallery" fit better than "hypocrite", but you get the idea. Criticizing from the sidelines when it's possible to get directly involved (via filing one's own lawsuit) is quite hypocritical.