Jump to content

FNMA and FMCC preferreds. In search of the elusive 10 bagger.


Recommended Posts

23 hours ago, orthopa said:

Good question. Volume has been on the low side so maybe just some people who don't want to miss out early in the expected SCOTUS window. The market of course has the uncanny ability of pricing things in so maybe the SCOTUS will be good. The price was so low though that even a mildly positive decision would have bumped the price from where it was. 

The latest in the rumor mill was David Thompson was doing some calls. Not sure about what means specifically but maybe some action from that. 

 

Hard to say. The whole stock market is set up for a straight line blow up move into August. FNMAS may just be getting lifted by the tide. Or maybe some insiders know something and started buying.

 

Link to post
Share on other sites
  • Replies 17k
  • Created
  • Last Reply

Top Posters In This Topic

  • Luke 532

    1699

  • investorG

    1001

  • rros

    976

Top Posters In This Topic

Posted Images

  • 3 weeks later...
On 4/16/2021 at 3:27 PM, COBFInfinity said:

Don't know, but SCOTUS will release opinion(s) on at least one case next Thursday. Watch this calendar: https://www.scotusblog.com/events/

If no Opinions are scheduled for May/June, does that mean this is dead in the water for at least another two months? Or does the calendar get updated with some frequency to suggest we might have a response sooner? 

Link to post
Share on other sites
17 hours ago, TwoCitiesCapital said:

If no Opinions are scheduled for May/June, does that mean this is dead in the water for at least another two months? Or does the calendar get updated with some frequency to suggest we might have a response sooner? 

The calendar gets updated week of, to announce opinion dates. So expect no opinions this week, but nothing to read into for rest of May. June 30th is latest (57 days remaining and counting).

Link to post
Share on other sites
23 hours ago, allnatural said:

The calendar gets updated week of, to announce opinion dates. So expect no opinions this week, but nothing to read into for rest of May. June 30th is latest (57 days remaining and counting).

Opinions will now be released on Mondays now that orals are over. So watch for announcements on Monday and Thursdays as opinions are written and released. 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...