Author Topic: FNMA and FMCC preferreds. In search of the elusive 10 bagger.  (Read 1450176 times)

undervalued

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Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it. - Will Rogers


beaufort

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6821 on: April 21, 2017, 09:58:18 AM »
https://www.streetinsider.com/Analyst+Comments/Rafferty+Capitals+Bove+Notes+Potential+Game+Changer+for+Fannie+Mae+%28FNMA%29/12800715.html

I was thinking about this new hire as well.  I am not familiar with her reputation. 

Unrelated to the bill, Bove also highlighted that Celeste Brown has left her position as Treasurer of Morgan Stanley to become Deputy CFO at Fannie Mae. Commenting on why a rising star at Morgan Stanley would leave to join a company on the verge of being eliminated, he said: "My belief is that she would not do this unless she were given assurances that there was a bright future for her at Fannie Mae. Ms. Brown is special. She is unlikely to sidetrack her career to become a government employee dead set in the middle of “the swamp.”

muscleman

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6822 on: April 21, 2017, 10:29:27 AM »
https://www.streetinsider.com/Analyst+Comments/Rafferty+Capitals+Bove+Notes+Potential+Game+Changer+for+Fannie+Mae+%28FNMA%29/12800715.html

I was thinking about this new hire as well.  I am not familiar with her reputation. 

Unrelated to the bill, Bove also highlighted that Celeste Brown has left her position as Treasurer of Morgan Stanley to become Deputy CFO at Fannie Mae. Commenting on why a rising star at Morgan Stanley would leave to join a company on the verge of being eliminated, he said: "My belief is that she would not do this unless she were given assurances that there was a bright future for her at Fannie Mae. Ms. Brown is special. She is unlikely to sidetrack her career to become a government employee dead set in the middle of “the swamp.”

Sad that Jason Chaffetz is resigning. He seems to be one of the few guys who have guts to fight against corruption.

undervalued

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« Last Edit: April 21, 2017, 11:55:46 AM by undervalued »
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it. - Will Rogers

Luke 5:32

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6824 on: April 22, 2017, 08:59:34 AM »
Interesting that Senators might want to do GSE reform before Dodd-Frank...

Q    Mr. Secretary, in Congress it seems like in the Senate they want to do GSE reform before Dodd-Frank reform.  Is that order you would support?  And what do you think is the biggest holdup to getting a GSE deal?
https://www.whitehouse.gov/the-press-office/2017/04/21/press-briefing-secretary-treasury-steve-mnuchin-financial-services
"The crown that showed no dignity he wore. And the king was placed for all the world to show disgrace but only beauty flowed from this place." -Jeremy Camp https://www.youtube.com/watch?v=YPzHvCrrG3k

Luke 5:32

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6825 on: April 22, 2017, 09:03:38 AM »
House Rules Committee meets on Tuesday regarding the Fannie/Freddie Open Records Act (attached).

And here's the link to follow the billl: https://www.congress.gov/bill/115th-congress/house-bill/1694/cosponsors?q=%7B%22search%22%3A%5B%22hr+1694%22%5D%7D&r=1
« Last Edit: April 22, 2017, 09:07:56 AM by Luke 5:32 »
"The crown that showed no dignity he wore. And the king was placed for all the world to show disgrace but only beauty flowed from this place." -Jeremy Camp https://www.youtube.com/watch?v=YPzHvCrrG3k

muscleman

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6826 on: April 22, 2017, 09:43:49 AM »
House Rules Committee meets on Tuesday regarding the Fannie/Freddie Open Records Act (attached).

And here's the link to follow the billl: https://www.congress.gov/bill/115th-congress/house-bill/1694/cosponsors?q=%7B%22search%22%3A%5B%22hr+1694%22%5D%7D&r=1


Yeah.....
I am sure the GOP wants to see what Obama has been stone walling for so many years.
Unfortunately Bob Corker and his gangs will try to block this so his own dirty dealings won't be seen.

I hope this bill could pass.



investorG

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6827 on: April 22, 2017, 11:14:09 AM »
question regarding the court case timing:

perry and Sweeney seem 2018+

the Cincinnati and st louis appeals courts, along with hindes in Delaware seem like 2h 2017 possible rulings.

what about Collins in texas -- both the fhfa constitutionality part and also the standard nws illegality request --- could either one of those or both come at any point?

rros

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6828 on: April 22, 2017, 11:49:20 AM »
question regarding the court case timing:

perry and Sweeney seem 2018+

the Cincinnati and st louis appeals courts, along with hindes in Delaware seem like 2h 2017 possible rulings.

what about Collins in texas -- both the fhfa constitutionality part and also the standard nws illegality request --- could either one of those or both come at any point?
The way it seems to go is that rulings have already been reached in all cases. But they are only being released as share prices become too frothy. Once prices reach unsustainable levels of speculation someone calls the courts and they drop the ax. So there you have the schedule: pay attention to share prices. And yes, I am assuming all courts are against us.

DocSnowball

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Re: FNMA and FMCC preferreds. In search of the elusive 10 bagger.
« Reply #6829 on: April 22, 2017, 11:55:45 AM »
Didn't Mnuchin state in that briefing exactly what he did on TV on day 1? And ruled out two ways to zero - status quo and nationalization. One way to zero still would be spin offs without anything to existing shareholders if courts permit? Otherwise it would be a question of how much which shares get diluted?
@rros not sure what your advice meant, I'm thinking of half position now and half after "reform". What did you mean by accumulate before the cold water splash?
« Last Edit: April 22, 2017, 12:08:12 PM by DocSnowball »