(FNMA) MOVING ? OR GOING OUT OF BUSINESS
The reality is (FNMA) is closing there doors in 2 -3 years and claim
to be“moving".Not so fast. When asked today a spokeshole claimed
Fannie Mae has “NO PLANS”Of relisting so this tells me he knows
they are going out of business so no need to file for uplist.
It is very unlikely they could meet the listing requirements in the
first place.They probably came up with fictitious DC location
because they have a good unemployment office there.
I believe that this is a step in the ultimate goal to get rid of the GSEs. First consolidation and then elimination.
If I were in charge of the lawsuit attempting to restore shareholder rights, I would file an injunction to prevent this consolidation. I dont think shareholders would have approved this MAJOR company change and we should get to vote. After all, less visibility has a direct impact on our share value.
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
I meant the red trend line I drew below (the oblique one) - we need a complete candle to close above that trend line with convincing volume for confirmation of reversal IMO
Could not agree more Carpathian, these self touted TV corespondents talk as though they are versed in the
issues but shortly into the segment out come the same old buzz words and barely a cursory knowledge of the topic at hand. Their viewers deserve better than the 'cut and paste' rehash straight from the Sweepmeisters!
IMO. GLTU
When Do We Introduce Ethics to the Debate?
eth·ics
'eTHiks/
noun
plural noun: ethics; noun: ethics
1.
moral principles that govern a person's or group's behavior.
When will someone with a mockrophone ask Hank Paulson if what he did was ethical, did it follow the Constitution, that fount of our Political Morality?
Apologize for my chart reading ability...you mean the blue 50 dma line?
Assalamu Alaikum $$FNMA$$
You can say that again
For confirmation IMO, we need a complete solid candle with nice volume to close over the red downtrend line. I will update tomorrow if needed FFF
Noticed the same thing. The host hadn't seemed updated on FnF news since at least a few years ago. Gasparino is getting there. He seems to be catching the wave personally. Keep the pressure on!! Click on useful reports, comment and tweet!
Pharaoh - where does it need to close for confirmation? Thx.
Furtherore how come you have a spokesperson fir the stupid questions but no one can answer when conservatorship will end? When's uplisting when are shareholders rights going to be respected? Damn I'm feel in like malcom x out here tonight. ...
We been bamboozled hoodwinked led astray run amuck
Ok im done
It would have been real nice if he had mentioned the payback by Fannie rather than stress that the Government GAVE them Billions. He never mentioned the payback once.
$FNMA Daily
The short term downtrend line was broken today - still needs confirmation.
At fair value; which is pegged at north of 250; there will be a lot of people pursuing new interests. I for one will be one of those.
But it will not have been lucky. Nothing here is lucky, I will not allow anyone to later tell me how blessed "lucky" I was. No, we've all been thru a bunch; we've chosen to invest our hard earned cash into these entities; much like those that invested in apple or google or gilead. Nope, no luck here.
Part of the fun...should they make a formal statement on website? just Twitter? Whisper to Gasparino? Don't mean to be cheeky, but it's been so hard to hear any feedback on the subject. We should be able to hear updates on relisting of trillion dollar companies? Happy to hear buzzing, news...
Nobody wants the finger pointed at them. You see it all the time where "someone" with inside knowledge spoke but their name isn't revealed because they didn't have "permission" to go public with specific info.
I'm curious with the articles and comments today, all of them said: "spoke to a Fannie Mae spokesperson".
Is there a reason they don't list their name? They are a "spokesperson" for the company after all. Why the secrecy?
Wow it's really odd that the 200 dma and the 3.75 are stacked together and so are the 50 dma and 4.03....it's seems the logical thing to do is buy if the price hit 3.76 or buy if it closes at 4.03...what's your thought and strategy if you will