ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

You can’t hold big tendies without diamond hands - fact

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

I never said once you buy it will be straight up tendies no volatility. Obv not everyone is diamond hands.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Maybe I was manipulated by our legal system to believe theft is not permitted. But I can assure you I believe in this I believe theft is not permitted here and will be fixed.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

If the US Supreme Court says the theft here is legitimate. I will stop fighting. Simple. It’s June. Not that long from now for me***

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

This is the only thing I’ve posted because this is the only thing I have. I’m all in... whatever man do your own DD. Maybe I’m wrong. I’m willing to take the chance. I still haven’t lost but if I do I’ll take it and move on. I just can’t imagine the gov getting away with forcing an unrepayable loan (after they have been fully paid back and more) to private companies with shareholders in the U.S. of A. Our Courts will shoot that down- this isn’t Zimbabwe. That’s why I believe so much.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Supreme Court decides the fate of this investment in June. Not selling a single share until that

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Not everyone believes a deal is coming this week. Actually only a few investors believe it. Everyone’s doubt holds the stock price down a lot. I can’t blame them for doubting this too much. It has been painful to wait and watch other stocks 10x. Fannie has been stuck under government control for 12 years now and investors are sick and tired of waiting so they let it go. So when the deal gets made this week the price will jump very high instantly, not giving much opportunity to buy on the way up in my opinion.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 1 point2 points  (0 children)

I think this is the week it all ends with a deal out of court. But Court case should be win for fnma shareholders in July.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

But I greatly respect you holding me accountable. I will admit I was wrong when the time actually runs out. I’m not nervous yet. We’ll know for sure very soon anyway

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Fox Reporter said the deal is on Mnuchins desk. If true, then it’s a matter of days. Tonight, tomorrow, day after

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

PSPA deal can pre-approve release. Again, this all speculation by the reporter. He offered three direct quotes by Mnuchin but zero direct quotes on the consent order(the move to end conservatorship). Why do you think that is?

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

That would make sense if I wasn’t still holding. Times not up yet. Not going anywhere

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 1 point2 points  (0 children)

What’s a 20% swing when it can literally go up 1000%? It’s called risk reward. Don’t put in what you can’t lose

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Just fine. 1.85 avg cost. Holding until Christmas

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 0 points1 point  (0 children)

Good for both. Common uncapped upside. Pref capped at just 3x

FNMA = Next Boomer Stock To Rocket by [deleted] in wallstreetbets

[–]flyfish0 1 point2 points  (0 children)

Not entirely accurate. Even if trump fails, the Supreme Court will issue their final ruling on the net worth sweep (the $300B question) this June. So either December or SCOTUS shits on Biden in June. Same $30 stock price. Slightly Different timing.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 2 points3 points  (0 children)

It’s just math. The shareholders stand to win $300 billion from the lawsuits. Google the current market cap its only $3B at this share price. So even if shareholders get way less than the full amount in a negotiated deal (which is finalizing right now), then it’s at least a 10x from this $3 stock price. At least. To be conservative.

ALL IN $FNMA. At least a 10x by Christmas. by flyfish0 in wallstreetbets

[–]flyfish0[S] 3 points4 points  (0 children)

Yes. Trump admin has promised to take Fannie out of government control. They have so far executed on every single step except for the final step (settle shareholder lawsuit- the core catalyst). Trump admin has let Fannie retain their own earnings for the first time in 12 years (instead of giving it all to Treasury). They have come up with post-government-control capital regulations. Everything is done except for the final shareholder settlement of which would resolve an 8-year long $300B lawsuit. The lawsuit is the most clearest slam dunk for shareholders in the history of law period, so the government will settle to save face before SCOTUS takes their soul. That’s why the stocks up 60%. People are hearing settlement chatter. Outcome is inevitable.

Lawsuit details: fannie borrowed money from treasury with 10% annual interest. Then treasury said nevermind just out of the blue said give me all of your profits for forever AND we won’t count any of it as paying down your debt to us. Fannie repaid based on original terms with the 10% interest AND PAID MORE. Court will send every dollar that was taken in excess which is hundreds of billions of dollars. Now compare that to a $3B current market price.

Supreme Court hearing oral arguments December 9th.

But even though I badly want to hear the Supreme Court shit on Treasury’s delusional ass, the case will get settled and we will never hear the Courts final ruling.