InvestorsHub Logo
icon url

Jreinhold

01/08/17 2:43 PM

#376934 RE: chrisduo #376933

I knew that. Mel Watt had said it was a danger that FnF were under capitalized. 2018 is when they can cancel the warrant etc unless congress passes more legislation.

I was just speaking to recapitalization, many people have stated a common stock share dilution would probably be used. Which might still happen.

I was given more confidence based on Cliff Rossi's comments during the investors unite conference posted on their website. I watched it this morning when I woke up at 1 am and couldnt go back to sleep lol.




icon url

chrisduo

01/08/17 3:07 PM

#376940 RE: chrisduo #376933

Fnma will be an easy 25-50% short term.

Mnuchin once confirmed will cause a small surge
icon url

401kobessive

01/08/17 3:26 PM

#376944 RE: chrisduo #376933

I read that and became instantly depressed. Then I found hope...after that court ruling the fha does report to the president....Trump can fire him without cause if he does not do as trump wishes.
Mel watt, u better do what ur told.