I'm looking to add but don't want to be buying on the top now just in case. Thoughts ? Nice to see a recovery. bought more on Wednesday at $3.40
I don't think so but I think he had engineered the rally so he can take some quick profits, knowing that it would take months again for the debate on the housing reform. It has been almost 9 months since the last big rally. The runup seems to be similar.
Have funds ready to buy on the dip. Just waiting for the right moment. Thoughts ?
in history. How long did they take to debate on health care ? and if they start messing up the American dream, that will be political suicide ! What about the longs that have been holding since the 40s ? The government can't just wipe everyone out esp. F&F have returned to profitability. This is not UAL or AAL.
how do you know that the bill will be passed ? The House will not even pass it. What to do with all the common shareholders to wipe them out ? how about those that bought in the 20s and still sitting with huge losses ?
I'm sorry I haven't posted this. We need more signatures for the petition to be on the WH website. Please sign it! And spread the word! If we can get some media attention, that would be even better.
I watched this morning an interview with some Senator and he said proposed details will be out tomorrow. Do you think F&F will drop on the news tomorrow ? Waiting to add more. I added some yesterday at $3.40.
it could be left over trades that were not recorded during trading hours. Even if it was a sell, someone bought it. may be it was a shortie covering.
the stock last week and run up the stock to catch a batch of bag holders. He will spend several months to accumulate again before another run. It has been almost a year since the last big rally.
When it got pushed over $5, I bet a lot of day traders added more, further fueling the rally on Monday so when someone started dumping, they would be the first to get out.
By the time the SEC filing comes out, everyone will run for the exits but let's say they may be still holding for the Senate to play this out.
So did you sell out ? I was thinking about selling this morning after the news but it seemed that someone was holding the price up and the stock kept going. There is this fear that if I sell, I may not be able to get back in cheap since my cost average is only $1.70.
I've been holding for 1.5 years. Still plan on holding until they decide on F&F fate.
The insiders won't stop selling. CFO just sold some at 8ish last week. What does it tell you ? Too bad I'm sitting at a loss. Should have bought more FMCC and FNMA instead.
Buy all you can. I'm thinking of liquidating my GRPN position. This POS is going nowhere. FNMA and FMCC will be given a new life if government starts unwinding. They were trading in the 40s prior to the housing boom. Why would they be worth $5 ? I started buying at $1.5.
good for you. I saw it when I got out of a meeting but the laptop was being fixed so I missed the flash crash. It was chance of a life time.
I'm invested in FNMA and FMCC. If the government unwind their position, will the common shareholders be given new shares ? and how is the value being calculated ?