Federal Home Loan Mortgage Corporation (QB) (FMCKN) Quote

Jim Cramer is the kiss of death, almost certain a drop tomorrow. Gosh I wish he didn’t comment on this.

It’s a great GAP filling day today Trunk! Next up $4🚀🚀🚀

the pattern today is repeatable several times, good chance price relaxes today even with almost all buying, we see.

Final destination is 40ish, just like BAC.

This is very interesting! There must be deep, early planning that was put into this, I don't care what anyone else says or believes. That is why these caBINET "PICKS" are flying off the wall. This is going to be one heck of a January/February to remember.

https://www.newsmax.com/politics/doge-government-efficiency-vivek-ramaswamy/2024/11/17/id/1188392/

How much of the 612 m in damages again was awarded to commons, was it 30 m? That's what, just 4-5 cent per share? Still free money though. What is that old fart Lamberth waiting for? 

https://x.com/usnavycmdr/status/1857865511419392445?t=jV03RRJo1qrupjALUZkABg&s=19

https://x.com/GuidoPerei/status/1857889785622442002

"...gov greedy fingers loose their grip...."

This is a tough one. Gov greedy fingers have been a tight grip !

Ill keep saying it until it happens cause barely anyone understands the markets anymore and how wall street operates. this can and may go to 40, Its where it used to be, BAC is waiting for its buddies. the rest of the penny land morons dont have a clue what can happen if gov greedy fingers loose their grip. they talk about receivership, cap stack, and the old non applicable restructuring that the illegal SPSPA clowns keep talking about. HERA never allows death spiral financing, SM made the most illegal move any Treasurer could possibly do. It can be undone in a NY minute just about the time he spent putting it out there unilaterally.

https://x.com/FreeFannie/status/1857556933412270317

https://www.marketwatch.com/story/kudlow-who-called-fannie-freddie-profit-sweep-a-scam-is-at-center-of-white-house-housing-reform-plans-2019-03-27

Judge Thomas Wheeler ruled that it was illegal but there was no enforcement clause or action taken to releasing F&F from conservatorship. His ruling must be honored and enforced by the executive branch or the president of the US.

I hope Trump will do something about it in this term

AIG not awarded damages due to BK status - Fannie & Freddie were NOT BK !

Court Rules Govt taking AIG Warrants illegal action when in addition to

Loan plus interest after Loan is repaid ...

****************************************************************************

Court Finds Government Actions in AIG Bailout Were Illegal

https://www.cato.org/blog/court-finds-government-actions-aig-bailout-were-illegal

Judge Wheeler found that the federal government committed an illegal exaction.
That is, it took something it had no right to take. (This, the judge carefully notes, is not
the same as a “takings” under the Fifth Amendment. When there is a takings, the
government lawfully uses its authority to take private property for public use and then
must pay the owner “just compensation” for that property.
An illegal exaction means the government took properly unlawfully.)

In bailing out AIG, the Federal Reserve Bank of New York (FRBNY) issued the company
a loan for $85 billion. In exchange, the FRBNY took an 80 percent equity stake.

This stock was not posted as collateral for the loan, but would remain in the government’s
hands even after the loan was repaid.

yes I wonder what the they will be saying when it hits $5, who cares, cause when it hits 5, it will be on its way to the teens, where it should be.

First stop ..going to $5

Release the Docs Trump, full transparency!

You can thank that interview then for what made it tank today that’s a given !

Not at all, stop the whining. at the least we will have a law suit the biggest in history, or we get multiples of where its at today. stop it. more than 99% of investors dont even know who the GSEs are...yet

A new IPO would crush us ! That’s what’s sinking us today. The Maria B interview!

Crappy day !

GSE mirrored the price of Bank of America for a long long time before the theft. I expect IPO to be close to the same price it is at that point in time....think 40ish. Back in the days of banking crisis, BAC went to 6, GSEs went to 5 something. thats when i bought them. It was either GSEs or BAC, I figured it would never be that low again. I should have picked BAC. Never did i ever figure Mafia Treasury and his wall street banker buds would use it as a dumping ground for bad debt. Biggest Tower heist of all time, the gold car is still under water, soon to reappear.

When a GSE train goes through a tunnel and it gets dark, you don't throw away the ticket and jump off. You sit still and trust the engineer.

Nice historical summary:

https://x.com/FreeFannie/status/1857030425127887153

even the MM's remember Yuma

FNMA stuck on 3.10 now which is a nice rise from today's shortie attack

Go FnF

we will hold (price will hold) somewhere before action from next admin next year hopefully in the first 100 days

question is where??

Yuma is the bottom of that hold because it's from the past

I'm guessing $4-6 range and hoping I'm wrong and it's above $10

Washington does have loose lips, so anything is possible

Go FnF

Yeah at one time FMCC was ahead by a few cents but has since returned to the typical .10 delta. I own both

Curious to see how many pennies we close behind fnma

I was waving since early this morning, must be that the driver saw me in his rearview mirror
and pulled to the curb, I gave him my receipt for 5000 FMCC shares @ $2.80 and promptly
found a seat with a Smile from Ear 2 Ear!!
Thinking that this bus may never be down this old dirt road again.
That's my story, and I'm sticking to it. Mostly cuz it's true and I have No-Mo Float, it's ALL ON the BOAT!

He does not know what it is about. FHDA makes money for the us government

Yup, needed a reset.

RSI was superhot

RSI was superhot

Same old shit !

well there you have it. that happened fast. very volatile swing for sure

Shut down the Bloated FHDA ! https://x.com/VivekGRamaswamy/status/1856495150345703575?t=s65mL39weUTxPnEdHjILBA&s=19

Banks are all sky high, even Regions Bank $26, what’s this worth if the thieves were not behind the controls ? Hell we can’t even get a corrupt judge to pay out our verdict. Another Deep State crook !

pretty frustrating when u cant shave bald cause u already are, GSEs on the move, but big gap to fill at 2.80 if this is not breakaway or news on move to another exchange.

He sure knew a thing or two about polls, and poles.
He was quite the short pole jumper in high school.lol

HAHAHAHA, still laughing. HAHA.
HAHA. thanks for the laugh. It made me feel good.
Don't be shy to bring up that moron mugshot in the future.
Wonder where he's hiding and having a hissy fit.

Baldy is screaming at the sky somewhere 

I miss you QueenVic but I don't miss Baldy.
LOL
GLTU

Does anyone Miss me??

If i remember correctly, 2.87 was a huge point of resistance, and support, but today it blew through it, issue is, no volume while doing it, so will it be record volume day of days to help float the old float???

huge gap to fill at 2.80ish. the only times they do not fill, with no exceptions is with a breakaway gap on fundamentals, or upgraded to another exchange, all gaps at that point are moot, new MMs could care less. How do you define breakaway, volume volume volume

Be leery of this run up being another manipulated one! I hope I'm wrong, but until the pops are $1, I don't think it is safe to chase the price increase, it is still to easily manipulated down at this level, as we have seen numerous times. IF we start moving $1+ on days, then the move is more real and harder to make it drop.

after watching the gas bag fox video that Rick N posted n fnma board which I have only 1 post per day

his coverage wasn't that bad, was it??

what am I missing?

LOL

Agree Golfbum22 !!!
GLTU

He is a paid for hire gas bag for the tbtf

He was right on cue to stop Yuma today

Like clock work

Someday when released

We need to roast him for this fake news bs

Gasperino was on Fox business saying to be careful if your buying FNF. He said it could still take years before they could exit and they still might not.
He doesn't like what they do at FNF.

2.81 close for both gse’s

No delta

Hmmm

Go FnF