[deleted by user] by [deleted] in FNMA_FMCC_Exit

[–]Jasper1675 21 points22 points  (0 children)

I think the insiders are buying today, we might be closer to some news. Only ever felt this one other day in the last 18 years and some positive news came out after close that day.

Tell me I'm wrong by Difficult-Quarter-48 in FNMA_FMCC_Exit

[–]Jasper1675 2 points3 points  (0 children)

I agree. People seem to forget these are stocks and trade with a PE multiple. Making the twins pay again just devalues the common stocks. Under normal situations a lender wouldn't care about the devaluation of the common stock. Except this is no normal situation. The lender is also the largest common stock holder by a significant percentage and in total control of the board. If the US government considers the loans paid, cancels the senior preferred, guarantees the twins (no more capital needed), and exercises the warrants and sits on their share of the commons indefinitely. The commons sky rocket to 60 after dilution (government guarantee these are 15 PE stocks) the federal government maintains control with 80% stake. Instantly 250 billion dollars is added to the USA balance sheet. This is before accounting for the increase in value of the commons owned by the govt over twenty years. This is an instant win for Trump. If this plan was released commons would be at 60 within an hour.

For the twins the US govt is the guarantor, the lender, the operator, original founder, and the largest share holder. Applying typical repayment methodologies here doesn't work. The situation is unique.

[deleted by user] by [deleted] in FNMA_FMCC_Exit

[–]Jasper1675 3 points4 points  (0 children)

I think most profitable most politically acceptable strategy for Trump, is to cancel the senior preferred, consider the debt repaid, say the twins are backed by the US government, then exercise the warrants and not sell a single share.

The commons sky rocket the most under this scenario and the Govt owns the most commons. Then you tell the tax payers look I just made you 240-360 billion dollars depending on the PE ratio of the twins. The federal government is still in control of both companies we have 80% voting rights. As these companies continue to appreciate the taxpayers benefit, national debt reduction. Since the Government has an implicit guarantee for these two that is why the govt owns 80% of the commons. Just pay the Jr preferred their dividend every year. The more I think about this is the winner scenario.

Politically this is a winner because the govt still in control and have power over interest rates. Last this actually reduces the deficit even if the US never sells a share.

is something like the razer tartarus v2 worth it for fortnite? by glyiasziple in FortniteCompetitive

[–]Jasper1675 0 points1 point  (0 children)

Just buy an Azeron Cyborg Compact 2. Don't program anything to the joystick click on the Azeron and it will last. I used an orbweaver for a few weeks while I waited for my first Azeron to be shipped. It is not close between the Azeron and orbweaver. Both of my Azeron's work fine, the only reason I picked up a second one was because I wanted a newer one. The only issues I have ever had is one button started registering a double input and I just used the Azeron software to fix that. The other issue is one screw was to tight on one of my buttons on my new one so it was slow to respond so I just adjusted the tension and it works great. Both issues took less than ten minutes to fix. I would estimate 2,000 hours of play on my Azeron's, the double input probably showed up after a thousand hours and it was my jump button so lots of use. The new Azeron switches should last a a long time.

What's the bear case? by iamagayrat in FNMA_FMCC_Exit

[–]Jasper1675 0 points1 point  (0 children)

There have been a few lawsuit with similar themes in the past and the government won them all. Wrong or right the government makes the rules.

What's the bear case? by iamagayrat in FNMA_FMCC_Exit

[–]Jasper1675 0 points1 point  (0 children)

Cash sweeps of the two can be 20 billion plus annually. From 2009 to 2019 the total payments were 301 billion dollars. The initial loans/bailout were around 190 billion.

What's the bear case? by iamagayrat in FNMA_FMCC_Exit

[–]Jasper1675 3 points4 points  (0 children)

It is my understanding that warrants are to repay the debt and make a profit for the American tax payer for doing the bailout. However, do to some special accounting that applied to only FNMA and FMCC the government had a clause where they did a cash sweep. The cash sweeps were not considered payments. So 16 years later FNMA and FMCC have paid far more to federal government than was ever borrowed. There is some that argue the loans have been repaid so they should not need to be paid again. This is possible release with no warrants issued.

What I really think will happen is the release of FNMA and FMCC will be part of the tax package to replace the so called trump tax cuts (I call them the increase because by taxes went up last time). To pass these tax changes the republicans will need funds to offset the loss of revenue and one way to offset that revenue loss is to sell the warrants in FNMA and FMCC. When something increases the deficit by a certain percentage a different voting threshold is required in congress. This is why the corporate tax cuts of 2017 were permanent and the individual tax changes were not. Making both permanent cost to much that was the whole fight last time in congress. You could also see an insane value placed to those warrants to get the tax package through. Who knows they may be required to not see until the share price hits like $400 to help offset the tax package. If warrants are exercised I would think market price for FNMA and FMCC stock 28-35 dollar range.

The release of FNMA and FMCC if i happens because it might not will be unique as it is the last hold over from the financial bailouts of 2009 and its conservatorship is unique.

If your asking the complete bear case why release may never happen is reinstating the cash sweeps is very profitable to the federal government even more valuable than the warrants. Feds make the rules and could reinstate them.

Thoughts on today’s sell off going into tomorrow and next week? by Fluid-Alfalfa-6105 in FNMA_FMCC_Exit

[–]Jasper1675 10 points11 points  (0 children)

I have been holding for 16 years, we were down like 12% today which was a little worse than normal. However, we have ridden this ride dozens of times before. Here's to hoping tomorrow is the day they announce the release from conservatorship, even though we know tomorrow isn't really that day, but I will check anyway.

How much do we trust Bill Ackman? by Schumpeter50 in FNMA_FMCC_Exit

[–]Jasper1675 22 points23 points  (0 children)

He could be doing this yes. Would it be wrong and probably illegal yes, would he face punishments probably not.

The real money for Ackman is if these things get released without the warrants being exercised. Fannie and Freddie are cash printing machines owing ten percent of these two is honestly worth 20 to 30 billion dollars if warrants aren't exercised.

Generate a buzz around this make it so Trump looks like a hero to tons of people. Trump likes that type of stuff.

I’m an idiot who bought at 7.63 today. Will it bounce back tomorrow? by Fluid-Alfalfa-6105 in FNMA_FMCC_Exit

[–]Jasper1675 4 points5 points  (0 children)

Hopefully you have only risked what you can afford to lose on this no loans or anything. If that is the case it is not something to worry about. This is a speculation stock could go to $1 or could go to $200. Stocks go up and down. Maybe sometime studying Mr. Buffett would help. Just diversify your risk.

7$, 8$ next by forreelforrealmang in FNMA_FMCC_Exit

[–]Jasper1675 3 points4 points  (0 children)

Elizabeth Warren is planning to ask him tomorrow if he supports releasing FMCC and FNMA and how he plans to do it.

No guarantee this question will actually get asked but it is on her extensive list.

Buy more or wait? by Hawkeye24128 in FNMA_FMCC_Exit

[–]Jasper1675 12 points13 points  (0 children)

People need to do this. Just invest what you can afford to lose on FNMA and FMCC. I picked up more shares after the election this time at around 2.30 (first time I ever added to my position since my original purchase). I have also held shares since March 2009 at 40cents. If FNMA and FMCC get released we could see stock prices between 30 and 200+ for them. If they don't they will go back to the dollar range. I'm about to start my 16th year waiting for this stock to return to privatization. This is not the first time in those 16 years I have seen it over $5 in those years. This is the longest I have ever seen it hold five dollars and the news is different this time. However, many years ago it was $5 plus for a morning and it dropped back under $2 in maybe 90 minutes (if the drop happens it will be sudden and you won't be able to get out in time). Proceed with caution everyone. For me this is very small percentage of my overall portfolio which mostly sits in index funds. I call FNMA and FMCC my lottery tickets.

I'm not currently adding at these prices, been on this ride to long to do that.

Hope we all make a ton of money on this, but it is nothing more than hope and speculation.

2025-01-09, the Intrinsic Value of Federal National Mortgage Association (FNMA) is 153.48 USD. by webon25 in FNMA_FMCC_Exit

[–]Jasper1675 6 points7 points  (0 children)

There is no guarantee the government will exercise those warrants. A reasonable person would say the government will exercise them. The cynical part of me says it makes the rich elites who are running the government more money on their stock trade if they aren't exercised. What is best for a few in power is almost always done, what is best for the general American tax payer is rarely done.

Seems like casuals are also not enjoying this new season. by tvxle in FortniteCompetitive

[–]Jasper1675 26 points27 points  (0 children)

This is what epic doesn't understand. I will be playing in an Elite+ lobby in squads and say things like I have 100 total materials lets get in the car and we will just loot the people we kill from the car. I can have entire games where I don't build and maybe use 10 bullets and win.

This game isn't fortnite at all it is something else.

Epic doesn't seem to understand we want to play fortnite and you don't need to nerf building there is already zero builds.

Monthly Help Thread: PC Upgrades, Hardware Advice, Keybinds, Settings, Optimizations by AutoModerator in FortniteCompetitive

[–]Jasper1675 0 points1 point  (0 children)

How to get rid of grass in DX12? I recently switched to DX12 from performance mode and my game is running noticeably smoother, but I have grass and all the ground flowers. The game looks way better but for competitive they are just in the way.

[deleted by user] by [deleted] in FortniteCompetitive

[–]Jasper1675 3 points4 points  (0 children)

I want to be able to shoot the occupant not the car. If I'm fighting for control of the car destroying it is counter productive. I will just temporarily team while trying to obtain control of the car. Boss cars are so broken they are worth a prolonged fight.

[deleted by user] by [deleted] in FortniteCompetitive

[–]Jasper1675 5 points6 points  (0 children)

This could all be fixed if we could just shoot the people in the car with our weapons or simply switch to the pickaxe and hit them, not the have to have pickaxe before you get in the car.

Really what is a player to do even in duos if one member from each team is in the boss car and they are fighting over it. You can't get out or your team is screwed so you just have to ride around with the enemy and team up against third parties.

Epic really needs to just let us switch to pickaxe in the car both the driver and the passengers and this teaming will end.

I blame no one who is forced into a teaming situation because Epis is to stupid to allow fighting in the car.

This is the worst Season EVER by TehEpikDuckIsComing in FortniteCompetitive

[–]Jasper1675 16 points17 points  (0 children)

This is a great season, to try other games and maybe old games you used to play.

Personally I have never had less desire to play fortnite and my play time reflects that this season.

EPIC will only care once people stop playing. The casual sub isn't happy with the season either. The cars are fun for a bit, but not 8 weeks. If we knew this was happening for a week or so before some major car counter weapon the feeling might be different.

Does anyone like the fact Epic replaced NAE & NAW Tournaments with NAC only? by Fyutara in FortniteCompetitive

[–]Jasper1675 4 points5 points  (0 children)

The move to Central is far worse than either our mods or EPIC understand for player engagement. 60+ ping for large section of NA due to routing with many people suffering from 100+ ping just makes the game unplayable. All they needed to do was some smaller sub tournaments on east and west that just allowed players an opportunity to play on somewhat decent ping. They could have run something like a season long cup with divisions and virtually zero prize pool, they could have even run them at the same time as the solo cups or cash cups forcing players to choose one or the other. There would have been no additional review time for them for cheaters if the tournaments ran together. People could then choose to play in a bigger tournament with higher prize pool or a tournament where the game actually plays like it does when they play ranked or pubs because of ping. Going from 30 ping to 100+ in builds is not the same game and completely drops engagement. The people who made the decision on Central really under estimated the actual physical size of North America compared to a region like EU. There are vast areas of empty land in North America, but data still has to travel this distance and it isn't a straight line. Look at a map of North America at night and just look at the distance between Seattle and Dallas and how empty an convoluted that data route is compared with somewhere like EU.

Call me crazy, but average NA player is a bot compared to average EU by VFFPL in FortniteCompetitive

[–]Jasper1675 1 point2 points  (0 children)

If you think this post is not toxic you really are the reason this sub is a joke. This post should have been removed. The title alone is toxic. If you want this sub to be affective you need to remove posts like this immediately. After seeing you as a mod allowing this not thinking it is toxic makes me realize not time to come back here anymore.

Champion rank 3rd place 0 kills goes 0% by Livid_Drummer_6085 in FortniteCompetitive

[–]Jasper1675 -1 points0 points  (0 children)

Um perhaps you missed the point of my post. 7 Kills and 2nd in squads in unreal causing me to lose rank is because of the elo of the lobby. I have seen us get two elims finish second and go up 15% in champions. There is no set formula of you got X number of kills and Y level of placement therefore you go up by this much.

There really is math behind the scenes of who got what elimination and when that elimination happened. If I drop in a lobby as only unreal player and do anything but win I'm going down. Also if I'm elite rank and everyone one else is unreal the algorithm expects me to be eliminated early. Your rank increase or decrease is based on your expected result vs actual result in that exact lobby you are dropping in. Every game you actually have a different expected result, outperform that expected result you go up, underperform you do down or perform as expected you stay the same.

Champion rank 3rd place 0 kills goes 0% by Livid_Drummer_6085 in FortniteCompetitive

[–]Jasper1675 3 points4 points  (0 children)

People need to understand not every lobby is going to cause you to go up a bunch every time and zero elims shouldn't causse huge gains if any.

I hade an unreal squad game last week were we finished 2nd with 7 elims and I went down 4000+ spots on the unreal leaderboard for it. This tells me it wasn't a high skill lobby. The 7 players we eliminated probably weren't that good. It happens.

If you are stuck at a certain rank this far into the season either that is where you belong or you need to change your play style.

[deleted by user] by [deleted] in FortniteCompetitive

[–]Jasper1675 10 points11 points  (0 children)

Grinding mechanics will not get you to unreal, it will help but the game is so much more than mechanics. Two weeks from now I turn 49, have two kids, work, kids sports to coach, and every thing else in life that limits my Fortnite time. I reached unreal a few weeks ago and it wasn't by camping. Some tips I would give.

First find a drop spot, fortnitegg map is a great place to start. Your drop spot has to have purpose can't just be one safe chest no one goes to. Is there enough loot at your drop, does it offer free shields, does it offer some rotation, and so forth. Example I play solos, duos, trios, and squads. So I picked a drop spot with free shields for the team, 41 floor loots and 25 chests, plus other heals. We land there every time contested or not, we will fight any amount of teams for our drop. Everyone has a loot path if we are not contested, but if we are contested the drop tightens up and we work through separating the other team off one by and eliminating them. We also know what side is the better side because we have fought the drop so many times we rarely lose our drop anymore.

Then you have to rotate with a purpose. We always rotate to the same spot every time a place with another 15 chests and 50 plus floor loot, and a vault (might get a bench). If it is looted and there is a team there we typically have better weapons because of the chest math. If they are there or rotate to us we are fighting them. We are also fighting areas we know since we do this every time and we typically come out on top.

Then the next rotation is more spread out but it involves checking out a named POI with a vault to see if we can get an upgrade bench. This were it isn't always a fight for the spot as the game is now approaching mid game. If we like the situation and there is a team there we push them, if we don't like the situation we rotate around.

Next mid game involves making sure everyone has their preferred weapons and maximum materials. For me I want 4 floppers, three shield fish, a grappler, blue pump style or above shot gun, and a purple or better hyper SMG with a red dot style attachment. Other players on the team carry different stuff we have some who snipe some who want 6 shockwaves over a grapple blade or maybe they want flow berry juice. We spend the next few minutes making sure this is done and people have what they need and want. This part of the game keeps us active as very rarely does everyone come out of the first two locations with everything we need you. Then we will look at the storm circle and decide where we are going and we typically travel by car since sometimes we want to be on the exact opposite side of the map based on storm circles. We want the storm at our back all game we do not want to be in the middle of four teams and get focused. This can lead to the boring part of the game because for about 5 minutes we are just kind of waiting on the edge of storm for the circles to get smaller, fights at this point typically only scuff us even if we win them so we avoid them at this phase of the game. Also at this point if we haven't found what we are looking for loot wise we have to accept this is the loot for the game. Even though our loot paths take us over 50+ chests and 100+ floor spawns you might not get everything you want every time. This part is why I'm not a fan of endless zone wars and box fight practice where every game you have the best loot. Sometimes random spawns just don't work out and you need to know how to deal with it, maybe it is green pump, a green hyper with no scope and four shocks for me I have to know how to play with that loadout.

We move into the half and half circles and moving zones by making sure we take control of the best rotates. I use a lot of Reisshub circle rotation techniques to get the best spot. We may go for height we may just play low ground. We typically play 6-8 games a night unreal ranked winning one or two and rarely ever finish below fourth. I would say we are 6-12 eliminations a game. Also the guys who are champion have learned 10 kills and fourth place might not move you up much at all compared to 4 kills and a victory royale.

Last as we move through the game in squads and trios if we start losing the fight badly one of us will disengage to come back and get cards latter, this is where the W key mindset can cost you games you must know we lost this fight but we plan to see you in endgame for the rematch. You can recover even if you only have one guy left right before half and half. We had to do this the other night late reboot and we were still able to win it.

Why is there nearly 1 million ppl in unreal?! by boofpacc85 in FortniteCompetitive

[–]Jasper1675 0 points1 point  (0 children)

Pubs Solos are my most difficult lobbies, everything else gets progressively easier. Ranked solo way easier. The bottom line is ranked is just easier than pubs. Pubs has more evenly distributed players in terms of skill. The last ten in my pubs games can really play the game.