MMs manipulate PPS to induce more selling. majority of the shares are tied up with hedge funds and individual investors, so MMs are shaking the tree to accumulate shares away from the weak hands. When this person or fund is done accumulating, they will pump the share price to capitalize on the increase. http://otcshortreport.com/blog/john-lux/a-short-seller-manipulation-technique-used-by-otc-market-makers/
all I want as an American, homeowner, tax payer, and a voter is a release and relist. As a shareholder, I just want the company back. Is that too much to ask?
for the record, I'm a fan of Larry Kudlow. I have a lot of respect for the guy and the fact that he's following GSEs is a good thing with potential for widespread coverage on CNBC and his radio shows.
GSEs didn't need the funds in the first place. Treasury forced the GSEs to take money based on "potential" future loss made up of worst case scenarios - accounting fraud
SLIM chance is much better than NO CHANCE the government has
The last I checked, the taxpayers have the warrant to own 79.9% of GSE stock. Are you saying that the uneducated and mindless government put taxpayers at risk, or was it the government put the uneducated and mindless taxpayers at risk? What doesn't have a bottom is the national debt.
Investor B has a claim since the disclosed sweep was illegal and the harm was done until the illegal sweep is stopped. Government NEVER disclosed that the sweep was illegal to any of the shareholders.
let me add to this analogy as it's incomplete. The government isn't just taking the rent collected, but they are also taking equity along with the rent such that by 2018, there will not be any equity left in the property.
2012 sweep agreement is an ongoing taking by the government on a quarterly basis since 2012. If you've owned shares since then, then you should be part of any class-action lawsuit. The only way for the government to "limit" the class size is to stop the taking. Anyone who purchases shares afterwards will be limited. Buy and HOLD is the key.
you're right.. if you were in Korea, you'd be on a Galaxy phone. computers at home are so ancient.
Not only that, there is no requirement for SEC filings in OTC. FNMA is doing it for the purpose of preparing to relist.
Earnings report - decreased revenue, increase in net income due to reduced SG&A costs, and flat forecast. This is a sign of a hurting company as they can only reduce expenses so much before affecting overall business operations. With lower revenue, flat forecast, and already reduced SG&A costs, next quarter doesn't look so promising. Time to short at the peak of bullishness.
There is all kinds of funny business going on with FNMA when you monitor L2. For example, price remarkably stayed firm at 2.87 for the better part of the day when there were tons of shares being sold. SOMEONE bought all the shares to support 2.87, which continued the bullish chart setup. The question is.. who sold and who bought. And is this a short trap setup for a squeeze to $5+. Time will tell.
Recognize the plays and take control just like any good sport. If the MMs play the running game mentioned above, then use the charts to anticipate their next move by getting ahead of them. Learn to read charts as they are the same playbook for everyone. FNMA chart is currently very bullish. Let's see if it bounces off 2.85 for a new high above 2.95 tomorrow.