InvestorsHub Logo

stockanalyze

05/15/24 1:31 PM

#793852 RE: JOoa0ky #793834

"I'm liquidating at least half of my position"
you have posted this at least once before that you are liquidating half. lol. you have also posted that you have no position, you are funny.

Donotunderstand

05/15/24 3:30 PM

#793857 RE: JOoa0ky #793834

Interesting
i too would see the JPS in F and F I hold at 50% ($12.50) --- or say half of it for sure

Using Yahoo Finance Historical Data by month for FNMAS here is what I found

DJT was elected Nov 2016 ---

Between Nov 2016 and March 2017 --- the month end PPS ranged $8.22 to $6.60. (Month end price)

The high end of month is $9.27 during January 2017 -- and if I look by week - it did hit 10 for two weeks in March 2017

If DJT wins - if JPS goes to say $9 - I will sell 75% of the JPS

Wise Man

05/16/24 2:41 AM

#793898 RE: JOoa0ky #793834

In this board, we are serious people. Go to the meme stocks' boards to talk about paranormal activity moving the share prices, Roaring Kitty, etc.

The JPS valuation depends on the estimated resumption of dividend payments, which, in turn, depends on the Common Equity built.

kthomp19

05/24/24 2:19 PM

#794492 RE: JOoa0ky #793834

If Trump cinches the election in November, the euphoria could very well send the JPS close to 50% of PAR... since historically it has reached that high multiple times in the past.



Perhaps even more. FNMAS was above 40% of par ($10) even during the lame duck period following the last election when hopes were much diminished.

I don't know about you but if your predictions is anywhere from 50-100% of PAR... I'm liquidating at least half of my position if it goes near 50% of par.



I can't blame you at all for that. 50% of par on FNMAS would be well over a double from here, and given what we have been through getting out then could hardly be called a loss. I will be sorely tempted to take some off the table if prices get that high.

A double from 50% of PAR can be done with much less risk in another stock...



The higher prices go, the less gain there is to capture but the greater the euphoria. An insidious combination.