Should get more interesting after Labor Day
This is a quote from Absurd_Trader, a very knowledgeable poster from the Google Board; he makes several excellent points:
"" If you get another activist investor taking a 5 to 10% position - that is 60 to 120 million shares in FNMA. Yes, you can see $6 and up very quickly.
Today is pre-Labor Day volume. The next 3 days will be the lowest volume of the year for the entire market. Just look at the volume on SPY right now.
Gotta see what happens from Labor Day to Thanksgiving. Then from Thanksgiving to Christmas. Those two time periods could be huge. ""
'Nuff said!
I could do that too, be mortgage free at 35 would be a nice thing. Put money into the market instead of paying off mortgage and interest.
FNMA Stock Message Board http://investorshangout.com/Fannie-Mae-FNMA-61730/
Mine also to payoff my current loan
God Bless America
Thanks, navy, for pointing that out about "Data Tools".
GO FnF
Should be an interesting day.
GO FnF
I find it a bit ironic that I'm hoping this stock takes off like it should so I could use that money to buy a new house. So technically money made here would be put back into real estate, securing a bigger loan with a nice down payment.
It's amazing how so many folks, even talking heads on news programs like the ones on the FOX/F&F clip don't know how much the bailout was, the first guy said $300mm and Gasparino said $i77B. At any rate I thought the piece was very positive for us long$!!
GO FnF
I mean to say description not discretion. Sorry for the typo. Thanks.
"The description may be more or less copy and paste from the previous job description. Just incase. This is just IMO and I am long in FNMA. I might be wrong though. Thanks."
The discretion may be more or less copy and paste from the previous job description. Just incase. This is just IMO and I am long in FNMA. I might be wrong though. Thanks.
GM all, GM FNMA. Nice to see some excitement around here
Duh, yeah! This should be known as the definitive "conviction buy" if you believe in American Capitalism, Property Rights, The Constitution and the rule of law. The problem has been the spin and lack of people's attention to the facts and spending the time to think it through.
I said a couple years ago that Fannie is like dating a hot girl with a chastity belt that only her dad has the key to. Come on dad unlock this thing!!
Regal Point building a position on Fannie Mae
While Marolia first heard about the NQ Mobile Inc (NYSE:NQ) short by reading Muddy Waters report like the rest of us, he was convinced to take a position in Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) after having a conversation with Bruce Berkowitz of Fairholme Capital. Late last year Berkowitz gave a talk at Rollins College, where Marolia earned his MBA and serves on the alumni board, and the two got to discussing Fannie Mae at a meet and greet afterwards.
He initiated the position with preferred shares, but as his conviction grew he started building a position in Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) common stock, making it a top three position for Regal Point if you include both common and preferred, and he has no intention of backing down.
“As part of regular portfolio management we’ll trade around a position. We will have multiple shares, or options in NQ Mobile’s case, and we will take some profits here, add back to the position,” says Marolia. “With Fannie Mae, we are building a position. I am not doing a lot of trading around that, I am not planning on taking my profits anytime soon.”
Marolia doesn’t think that a political solution to the Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) impasse is realistic. He compares it to the tax code, which everyone agrees needs to be fixed, but with so many conflicting views the odds of anyone finding a workable compromise are practically zero.
“It all comes down to that third amendment, the legal sweep… and it seems that the law is on our side. That third amendment qualifies as self-dealing,” says Marolia. And if he gets the ruling that he expects, Marolia expects that Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) common stock could easily jump fourfold over their current low prices.
http://www.valuewalk.com/2014/08/regal-point-...nq-mobile/
We should be well over $6.25 a share by now. Anticipating a HUGE SPIKE coming
This issue is far more complicated than many realize, we need to publicize the fact that "Fannie and Freddie were victims and not the villains". It was within this same post a short while later we received the Job posting tip. For those who have been following closely, it is obvious that the wheels are in motion. I wish I could somehow transmit all of my knowledge regarding our cause; things would probably make more sense.
http://timhoward717.com/
It seems like we are the guy trying to get laid by the girl that plays hard to get, making herself more
desirable. We always seem to want things we can’t get.
Fannie Mae unable to dispel NYSE listing news. -- timhoward717
Fannie Mae-Straight Talk
http://timhoward717.com
Wa'a Alaikum Assalamu kabanch $$FNMA$$