FNMA Stock Updates 08/25/2014 19:32:28 $FNMA @ 37
Post# of 64087
@ 37 thank you- what a tragedy.
may a just resolution be swift.
Good perspective
Also it's a fact, some people, especially guys, just can't take much whining. For them it's like nails on a chalkboard. But there can be great, interesting info in between whining. This is a great board. Somehow it seems like most are OK with just about everything. So both sides, just go work on your presentation! Ha ha
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
Quote:
Today was a fluke. While S&P climbs Fannie will drop./ No misery here
misery? What are you talking about, you need to go back to English class kung pao chicken
Nothing wrong with being emotional. Just dont trade they way your emotions are. I have watched CMF pretty closely and the distribution is on such light volume. I find it inconceivable that any of the hedge funds who have suits would be selling shares since they stand to benefit from their lawsuits. Trying to figure out why Berk sold shares to Icahn though. Icahn is a shark. Remember, he payed around 4 for his shares from Berk to get skin in the game. Maybe he was short and Berk did him a favor. Maybe he sits here now and steals shares from the unsure. The price doesnt seem to want to venture far away from 4, does it.
Would it hurt anything to send emails to the FnF execs, that we don't think they should send the next payment to Treasury? We know they are ordered by the Fhfa to do so, but we are concerned that at this point it is illegal. Too much evidence of wrong-doing, and we are concerned that the execs and the Board are not at least speaking up against these "orders?"
This is not tradeable right now. There's no volume, and it just keeps going down... So....yeah....I'm a little crabby....
I know. Thanks. Even though people think I'm a 'basher', I'm not. I know I've gotten too 'emotional' over this, but I'm not bashing. I own a ton of shares. I thought I hit the bottom...or close to it...both times I got back in this year. Last year was MUCH more fun....lol....I'll keep being patient. I just hope there's nothing negative going on behind the scenes that we don't know about, that's causing this slow downward trickle....Guess we'll see
The final PLS suits are all involving foreign banks--HSBC-British, RBS--Scotland, Nomura--Japanese
To those quick to judge because others are venting or being emotional.
There is nothing wrong with being emotional. It cannot be helped. However, the important thing about emotion is that when you are emotional, that you dont trade by way of your emotions. In fact, I find my emotions to be a great tool. It is my inner scaredy cat lying SOB. I have found, in my experience, that usually when I start to feel emotional, that it is usually near the height of whatever that emotion that is causing the market or a paticular stock to move how it is moving, is at. Usually at the height of the "emotion" is an oversold or overbought condition, or in this case, a significant chart formation. The important thing in my opinion, and what has worked for me, is to trade adverse to what your emotions tell you to do. Many people cannot grasp that concept and are "the crowd". As such, most people trade with that "crowd" mentality and ultimatley that is what defeats them. This is why most lose money and confidence in the market. It makes most people think that no matter what they do, they cannot win. Following the crowd is the most dangerous thing in the market. It is momentum trading. It will hand you your butt.
got mine..............29........59 and 71..........now wait till it hits 40 plus......NO COMPLAINTS BUDDY.....
pending PLS lawsuits against HSBC Holdings Plc, Nomura Holdings Inc and RBS Group Plc
Goldman Closes FHFA's PLS Lawsuit for $3.15B-link
https://finance.yahoo.com/news/goldman-closes...17865.html
FYI. Perhaps Judge Lamberth's schedule will open up a bit sometime soon.
http://abcnews.go.com/Politics/wireStory/defe...l-25119452
PREPARE FOR LONG OVERDUE CORRECTION
Today was a fluke. While S&P climbs Fannie will drop./ No misery here
or long winded explanation just the facts Jack.
Facts:
Conservatorship status doesn't make PPS climb
Humiliating delisting NYSE = risky pink sheet trading
Total profit sweep keeps veteran investors away
Frivolous lawsuits will take many years with no results
For someone that knows how to trade you sure seem a tad emotional. Not sure if you know how to trade, but you sure do know how to post 28k+ posts in almost 10 years sheesh...over 7 posts per day non-stop and this is only one site.
Risky. Stocks have their strange times. I dont understand the low volume either, but you have to look at everyday as a learning experience. Just because it traded a certain way last year does not mean it will trade that way this year. The tradeable float is getting smaller and smaller. The big fish have to be careful with their buying or they run it up too fast, as we saw with the 4.65 run last time. When you get those huge wild swings that leave the bagholding trolls out to dry, its to be expected they will be here bashing and trying to spread their misery. Its the psychology side of trading that we are presented with here, right now. Techs are just sucking, but if they were gonna go down on techs alone, it would have already done so. The buyers that have been keeping us up are most likely, purposefully testing retail patience. The biggies are just being picky about buying. I think whoever jumped in with the 18million buy up that last run, realized there were just not enough sellers, and maybe they were the main one buying. Maybe they pulled their bid and started walking it down. Just gotta be patient. Like they say, dont feed the trolls. Do you believe the court cases will be successful? If so, why worry about a few pennies, or even a drop to 3? Those would be great averaging prices. Not every move on a chart is tradeable you know. IMO the key to trading with consistent profit is to pick the spots you know, again, the spots you KNOW are gonna make you money. (Oversold...Overbought.....Support....Resistances). Momentum trading is dangerous. Big risk there. I just did it after the Ackman filing at 4.015. I am still holding those and will get more as we go lower, if we do. Why, because I am trusting my convictions and instincts here. Either you bet on us winning or you bet on us losing. There is no in between. Get it? When we get volume and the risk reward gets more even, I will start trading again too. GL.
Then leave the board and return tomorrow.
This doesn't have to movement and volume that it had last year. It's practically impossible to trade it, and the 'longs'....especially the longs that bought in higher.....have to continually watch as this drifts slowly downward.....The fact that it was 'green' today, means nothing. It will probably be red, again, now, for another several days or more.....
Relax