You'd think actor Mel Gibson could use a little solitude, like the Costa Rica rainforest, to collect his thoughts, renew his spirit, and forget about his infamous personal problems. You'd think wrong.
For the last two years, the actor has been trying to sell his Costa Rica compound -- Playa Barrigona -- complete with three villas and 500 acres of private jungle on the tip of the Nicoya Peninsula. Playa Barrigona is so remote, it's not shown on most maps of that northwestern part of Costa Rica, near the famous Arenal volcano.
Maybe the estate is a little too out-of-the-way. Or maybe it's too expensive -- $29.75 million. Or maybe the property has bad juju -- perhaps the result of Gibson's highly publicized slurs against minorities and battles with ex-girlfriend Oksana Grigorieva.
@ $2.50 on volume then $2.07 is next . Don't forget what Floyd pulled off in 2012 .He did it once he will/may do it again just to save face in the oil fields ? Rinse and Repeat .
Looks to be $2.07 pre R/S level in 2012 .With some slippage your $1.92 might come in to play ?imo
Morning.I think you have nailed where NOR is headed but hey who knows this company is a joke on the PR front Get a hold of your buddy over their at headquarters and tell him he needs to step up .Looks to be a correction in our markets taken place of %8-%10 ?? My son held F for along time from 3.00 he never lets us all forget about it either .Sold it @ $17ish .FNMA isn't any better than CPST .Take care.
it was a starter position of only 3000 appx shares@ avg $2.5ish .added shares@ $ 1.53 this a.m. to bring my cost base down .so as it stands now it isn't a big deal .If I had the ability to add premarket (OTC does not allow it)would have been a for profit day .Grandson skates a BGSU Saturday late afternoon .Don't think we will ride for 5 hours RT for one game .Sunday their at home in Columbus for 2 will be at those games .You Guys stay well up there U hear.
About Fannie Mae:
The Federal National Mortgage Association, commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
On September 7, 2008, James Lockhart, director of the Federal Housing Finance Agency (FHFA), announced that Fannie Mae and Freddie Mac were being placed into conservatorship of the FHFA. The action is "one of the most sweeping government interventions in private financial markets in decades". As of 2008, Fannie Mae and the Federal Home Loan Mortgage Corporation (Freddie Mac) owned or guaranteed about half of the U.S.'s $12 trillion mortgage market.
Conservatorship and Treasury Agreements:
In September 2008, through the Federal Housing Finance Agency (FHFA), Fannie Mae entered into an agreement with Treasury, which was amended in May 2008. In return for the consideration and fees detailed in the agreement, Treasury has committed to provide up to an aggregate of $200 billion in funds to Fannie Mae, as needed on a quarterly basis, to correct any deficiencies in FNM's net worth, and ensure FNM will continue to provide liquidity and support stability in the housing market.
The impact of conservatorship and the agreements with Treasury on Fannie Mae's business and financial results are detailed in the 2008 Form 10-K and the Form 10-Q for the first quarter of 2009, available under "Results and Filings."
FNMA net profit per share: 59.4 dollars
NET PROFIT PER SHARE: TOTAL NET PROFIT (Q1+Q2)/ TOTAL OUTSTANDING SHARES
NET PROFIT PER SHARE: 68.8 BILLION DOLLARS/ 1,158,077,970 COMMON SHARES= 59.4 DOLLARS
Most Recent financials Results
Mar 31, 2012 Net Income 2,718,000,000 dollars
Jun 30, 2012 Net Income 5,119,000,000 dollars
Sep 30, 2012 Net Income 1,813,000,000 dollars
Dec 30, 2102 Net Income 7,570,000,000 dollars
March 31, 2013 Net Income 58.7 billion dollars
June 30, 2013 Net Income 10.1 billion dollars
morning .Go to investorshub web site .Read the intro section I can't do a proper job like they have put together in just one or two message 's. Big Money/Names/Activist is in FNMA/FRMC .