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kthomp19

10/16/17 4:13 PM

#433496 RE: stockprofitter #433492

I think most of those recent huge block trades in FMCKM were likely Fairholme downsizing due to redemptions. Fairholme had a little under 6M shares. I wouldn't assume that all the redemption-led selling is in the future.
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mhill_fin

10/16/17 4:15 PM

#433498 RE: stockprofitter #433492

This is a commons board. Take your p-share envy somewhere else.
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JosephS

10/16/17 4:23 PM

#433500 RE: stockprofitter #433492

Off topic. Your hatred for others making $ is showing.

Take it to the p board as mhill said. Dont be angry cause the stock dropped
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RollTide2019

10/16/17 4:28 PM

#433501 RE: stockprofitter #433492

Navy, do you think Fairholme continues litigation, now that fund is being liquidated? This could be very bad if not. If anyone has any insight it would be helpful.
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gta888

10/16/17 5:44 PM

#433518 RE: stockprofitter #433492

Nonsense...the hedge fund was only $400m in size. He gave back shares to investors. Up to them if they keep or sell. His public mutual funds owns the bulk of the GSEs positions.