Louie_Louie
11 horas hace
Saw that! It's great we are getting more exposure, but there's very little substance that is being put out as of yet. The rule is the market does not like indecision, unknowns, and too much upheaval. We have all that going on. Then there's almost twice as many attack articles on the GSE's as positive one's. The attack articles repeating the same old worn out lies. Trump needs to get those Obama docs ready for public viewing and let the court of public opinion along with federral courts decide how badly the GSE's were raped, pillaged and defrauded. He needs to pull a move like this to reroute the democrats baloney from all of their court suits trying to stop him. The only way we get past the $8 mark is by uplisting and releasing. It's a proven fact here (OTC) that there are powers at play limitng the upside on this.
Sadly, I am losing my faith in this countries courts and capitalist system after the many years I've witnessed invested here. We are truly no better than a banana republic dictator run country. We've witnessed courts working WITH government against the people, and witnessed this OTC manipulation and coordination. Someone needs to initiate a real reset, and that means TRUTH to the highest degree, no matter how much or who it hurts. This CONservatorship was a giant fraud perpetrated on the shareholders and the companies - Period. The BIG LIE that the government needs to be compensated is from years of propaganda put out BY the government. Anyone who knows the back story of how this developed knows the truth, and those Obama docs expose even more criminal government moves. Why else are they sealed???
Louie_Louie
3 días hace
I'd give a thiumbs up Guido but I am emoji prison and one post prison for like Half a year now on FMCC and Band complete from FNMA, incredible...people talking more politics than I everr did on FNMA and swearing more. I got banned there from Bradford, Manwithnobrain, kthomp.
Anyway, I hope this case goes great, rockets, it could be just what's needed to get those Obama docs exposed and force the government to do what's right. Keep me in mind if warrants get fully exercised! I take part in a suit, gladly. If they excerris a small portion, like 30%, I'd have to see what the other factors are at the time, but a lower taking could be part of a grand bargain. I do agree that they have stolen more than enough by three administrations, and the unbelievable trashing of the constitution and captalist beliefs along the way.
Good luck and God bless, be well.
Louie_Louie
4 días hace
There's more DIsinformation going on on the FNMA board than good information. People posting incredibly worng payouts on the court case that just got signed off by Lambterd and posting FNMA is part of the class, THEY ARE NOT! Only the fannie prefs are included. Kthomp is much like Rosie Odonell, Pelosi and AOC combined. Hung up on her pardigms and unwilling to view the unlimited scenarios that could take place. She is very stuck in the mud and trying to slam post anyone giving positive commons info, part ego - part desperation, so that should tell you all you need to know. Kthomp, Bradford, Manwithnobrain, Clark,etc are all posting under more than one ID. Trying hard to get common holders to buy JPS because they most likely bought the majority they own at 1/2 price or higher, a few may have them at bassement bargain prices, ike I did (FNMAS $1.60), but I think they got an awful long wait for full par value and dividends as well. If the government succeeds in implementing this soverign wealth fund and putting anything GSE in it, it will be a special class of share (pref) that will be paying the government a backstop/commitment fee forever, before JPS or commons. Yeah, I know, JPS will whine they can't stop paying the JPS dividends, but the JPS contracts say they can! they have been without dividens for 16+ years now and have they not realized this simple fact???LOL
Even if the government releases the GSE's, I do think they may try to keep some type of control, they already are by appointing new BOD's that you can bet will follow whatever the plan is, yet to be revealed. JPS think they hold all the cards, LOL Ha ha ha , they hold none. If this goes to the utility model then JPS likely are offered a buy out below par, option would be to sit with zero dividends, never reaching par because of the government super-pref. They wiill not buy them out with more shares, highly doubtful because KISS = Keep it simple stupid! the governments going to want them to suffer for the court cases earlier on, so they'll get a percentage of par. It would not surprise me in the least if it ends up ONE class of pref only, the governments, which pays a dividend for backstop/commitment fee, then common shares. Maybe they put the governments prefs in the soverign wealth fund and keep the commons public but with a utility like dividend. This would actaully kind of make sense because the government would not need to worry about two separate and differing share classes if there's ever another 2008. Would the market accept this? Government pref shares super protected and reimbursed in the soverign wealth fund while commons public and act like commons....hmmmm, who knows? This would give government the leverage they want over the GSE's since they now realize they are SIFI (significantly important financial institutions) to big to fail businesses. Devil would be in the details as to how they word the legal doc for the governments pref class (congress?).
If you fail to recognize a basic rule of life here, then you are doomed in this investment. "He who has the gold, makes the rules." JPS make zero rules - lol. It's the governments game, they not only make the rules, but can change them for whatever reason they need to happen, courts are in on it, there should be no doubt about that now after the last few months. Jps sit no higher or lower than commons - THERE's YOUR CAPITAL STACK! lol, they need to learn to accept that.
Kthomp has zero idea how this soverign wealth fund affects JPS, but she is already supposing a super benefit to JPS. LMAO. She didn't know if Trump was going to win, she didn't know when Lambterd was going to sign off, she didn't know about many things that have taken place since the election! DODGE, Musk, the head of HUD, Lutnik, etc. These are all variables that affect or situation, and that is a fluid situation until the writing is on the wall and the plan is revealed, but don't tell her that, let her keep living in fantasy land. I would say NOW, JPS are more "at risk" then commons. A bit more time will tell.