Fannie Mae (QB) (FNMAI) News

Summary

I've sold my Trump SPAC and skipped the Trump NFTs.

Neither has gotten my vote yet, but one is worth a bet.

Here's my favorite way to get exposure to this election.

I am Chris DeMuth Jr. I founded and run event driven hedge fund Rangeley Capital LLC, a hedge fund specializing in value, arbitrage and event driven opportunities. I lead the investing group Sifting the World which provides arbitrage and event driven ideas for long-term value investors.

Oh no. It looks like Gabby left ACG Analytics. Back to the drawing board. Anyone know where I can find another woman of my dreams ?

As far as any FnF price run up to Nov is concerned we have sentencing in July, appeals, nothing but a chaotic and partisan news cycle on the horizon. The mission all along has to been to hamstring and tie up T in the hopes of running him aground. Unless SCOTUS gets involved fairly quickly I doubt we get any real price run up until very late in the election cycle.

Close but no cigar.

Update from family man on the Trump trade of the century

$FNMAS $FMCKJ continues to be the best Trump election trade with only 5 months to go and 5x upside to capture$FNMA $FMCC https://t.co/F53Tgl6Tq9— familymang (@familymang1) May 30, 2024

It will be worth one million or more Nov 6. 5-8 dolla Holla.

FNMAS up —nice- commons will follow, maybe not today, but it’s happening folks

https://seekingalpha.com/article/4696710-fannie-mae-and-freddie-mac-preferred-my-favorite-trump-trades

You must be a math major i think

Why not ?

Buyers and sellers practically even today, despite the drop in PPS-link
https://ih.advfn.com/stock-market/USOTC/fannie-mae-qb-FNMA/trades

Oh wow. Are you saying the share price will be $13.50 in one year from now ?

There is a high chance that your 200K stock will be worth over 1 million in a year. Good luck !

Chest paddles please

lol

The trial is moving this downward

I’m going out on a limb here

$1.49 close

SW MM’s again

We've got 90K traded pre-market

The Germans are not too bright. Besides they drink too much beer in the month of October.

as well as Freddie common (who joined the case)

as such - this decision argues common have an implicit contract

Hi
There are 3 - 4 "moves up or down" over the four years . Anyone know what might be the reason ? In the context of actual price movement from the market - as set out in prior post . I do not remember that many big % shifts up and down - all I remember is the deflation after the blind SCOTUS decision on this taking

????

YES

For sure - this is all speculation

maybe a good speculation but for sure speculation

interesting to read

do you have a link to what SCOTUS said ?

this is a seriously conservative SCOTUS --- so their reasoning might explain a lot

BOOM. Considerations in connection with exercising the authority of UST to purchase securities of FnF:
(v) The need to maintain the corporation’s status as a private shareholder-owned company.
This refers to the action itself, not to break this provision with a conversion of SPS to common stock and exercising the Warrant, and later, the corresponding common stocks are sold on the market.
This is why the Warrant authorized to (iii) protect the taxpayer (collateral) can't be exercised, and the SPS authorized to (i) and (ii), are the first thing to pay down.

Which is what has happened under the Separate Account plan that upholds the law and basic Finance.

The excerpt taken from HERA is an amendment added to the Charter Act, and it has nothing to do with the Conservatorship itself, because it already preserves their status as private shareholder-owned enterprises.
Or using other names doesn't change this fact, like government-sponsored private corporation in the 1968 Privatization of Fannie Mae Act. And "GSE" in the FHEFSSA.
Then you should have no problem quoting that relevant portion of HERA.

Green in Germany but practically no volume…

(*)I meant Bill_Ackman, not Berkowitz, in the last sentence:
Berkowitz and Sandra Thompson: "FnF continue to build capital through retained earnings".
Berkowitz says it in court, but I wanted to bring up Ackman's annual GSE slides.

No I won’t, I’ll just stick with my 208,211 shrs at .55. 😎

Are you really asking such a stupid question? No I took my 700k I made selling immediately after the SCOTUS ruling and made money until it was assured T was running. With yesterday’s travesty, I hope it will go down but with the donation backlash flowing into the GOAT, the SP will probably go up. I really don’t care, 208,211 shrs at .55, I have no worries. 🤑

That was a very nice story you posted

I’m not a wallstreeter and I’m not a hedge fund either. I see this for what it is a GOVT power grab for the control freaks in DC to play continuous social welfare games with these companies.

I own both Fannie and Freddie commons and a small position in FNMAS. My hope is that this ends soon for everyone best interest and one person will make this happen and we both know who that is.

Only the best to you

The idea that He’s the only one that will release Fannie/Freddie is crazy and only peddled by Wall Street and their paid shills on social media, aiming for the assault on the ownership of FnF: the common stock.
More than 99% dilution of the existing common shareholder in their company, in ownership interest and in EPS, was laid out in the infamous Trump letter, which, by the way, was submitted by the attorney for Berkowitz, the omnipresent David Thompson, to the Appellate court (5th Circuit Court) in the Collins case on remand from the Supreme Court seeking damages (backdoor dividends to the Non-Cumulative dividend JPS), arguing that the "for cause" removal restriction prevented today's Wonderland from happening sooner: the UST gets rich with SPS LP handed out for free every quarter and, at the same time, FnF are being recapitalized, based on the Financial Statement fraud in FnF (SPS LP increased for free and its corresponding offset, are missing on the Balance Sheets). This Wonderland is a bunch of lies.


but the judge didn't mention the letter in the ruling that dismissed the case. Why?
He knew that that's not what the Supreme Court requested "If the President had made a public statement showing displeasure with actions taken by the director..."

, referred to an action in the past, not now as a civilian writing a letter, and secondly, the only statement of Trump about FnF during his tenure was, precisely, to praise Mel Watt: "we are doing great with them" just after Watt left, with shocking deficit capital available posted in their Earnings reports every quarter since day one.

The judge knew that the letter was fabricated evidence in court, with the only goal of stock price manipulation. He chose to ignore it, but the damage on the stock price that discounts his worst-case scenario, lingers.

Mnuchin/Trump and the DOJ's solicitor general, sold the amendments to the PA as a game changer, when FnF continue to post the same $0 EPS as before with the NWS dividend, due to the ongoing Common Equity Sweep, as another way to hold it in escrow according to the law: Gifted SPS are another capital distribution restricted. Then, the exceptions kick off to legalize it.
In other words, Mnuchin/Trump deliberately chose what was restricted, relying on the social media crew and judicial maneuvers in a clear collusion with the Plaintiffs, to change the fate. For instance, the voluntary dismissal of the Wazee case last week, the only case that challenged today's SPS LP increased for free.

By the way, the ongoing Financial Statement fraud began with Mel Watt and Mnuchin/Trump in the 4th PA amendment of December 2017 (a one-time $3B SPS LP increased for free) and Donald Trump has just been found guilty on "34 counts of falsifying business records in the first degree". So, we know something he is good at.

FnF keep on building common equity from the onset, as seen in my signature image below, in accordance with the law and basic Finance.
By the way, FnF present unaudited Financial Statements.
It seems that someone found a loophole here.
A Financial Statement fraud used later by Berkowitz and Sandra Thompson: "FnF continue to build capital through retained earnings".

1c or 2, maybe even gain few cents

Preaching to the choir, Ace.

How much are we dropping tomorrow? I think preferreds drop 20% and commons drop 30%. Could be a good buying opportunity but they won’t get released until 2030 at the earliest if Biden is reelected.

Jury verdict against the FHFA did not make any difference. What is big deal here? It is all political. Anyone but Brandon.

So predictable right now! Easy money but for most of us it's a good sign to see this moving up slowly until Nov 5th !

Green today & the room is still in an uproar. Just on waiting for release they got us arguing with each other! What a conundrum

You are a pathetic embarrassment. The only chance of FnF release is with DJT yet you inundate the forum with these types of stupid comments.

It’s been “speculation” for 15+ years!

good luck

it is ALL - ALL (common and or JPS) a speculation

IMO a good speculation - but only BET money you can afford to lose if the bet continues to lose for another 20-50 years

nope

Preferred shares still getting pushed up through the ask. Any guesses why? I was thinking I’d just hold what I have for commons, but I sort of want my full boat again after I mistakenly sold 1/2 my 20,000 Freddie commons. I’ll see what action looks like tomorrow and perhaps throw a bid if it dips hard enough.

when is fannie mae and freddie mac getting this money?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174509702

you couldn't buy enough when it was below $0.40 for last 16 years?

CFPB is another ROGUE Agency

I’m not against the work they do at all.

The Constitution says congress has the power of the purse and the Supreme is too weak to enforce it. Furthermore there is no congressional oversight which is also a big problem for this GOVT Agency.

The end result of the Supreme’s decision is now you’re gonna have an unlimited amount of these Rogue Agency’s going forward. Get ready here they come.

Not a good thing in my book.

He’s the only one that will release Fannie/Freddie

I’m definitely voting for him and so are 99% of my friends.

Yup!

It will do the opposite and go to 2.00 maybe. That's the Fannie we know.

Oh wow. Good to know. Thanks for sharing.

You will pay $5 or more. Too bad for you.

What a great day!!!!

Well, I guess I will get my 60,000 shrs at .99 tomorrow.

See top article on the CNBC website. It lays out quite nicely what will happen next. There is nothing to worry about here.

Does not matter. Maybe he gets a fine or house arrest but no jail time. He can still run for president. Tomorrow we fly.

The U.S. Constitution requires that American presidents be natural-born U.S. citizens who are at least 35 years old, and who have lived in the country for at least 14 years. It does not bar felons from holding its highest office.