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Fannie Mae (QB)

Fannie Mae (QB) (FNMAG)

17.10
0.42
(2.52%)
Closed December 07 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
17.10
Bid
15.50
Ask
17.10
Volume
21,959
16.50 Day's Range 17.10
0.00 52 Week Range 0.00
Market Cap
Previous Close
16.68
Open
16.50
Last Trade
500
@
17.1
Last Trade Time
Financial Volume
$ 373,278
VWAP
17.00
Average Volume (3m)
-
Shares Outstanding
1,158,087,567
Dividend Yield
-
PE Ratio
565.38
Earnings Per Share (EPS)
-
Revenue
26.87B
Net Profit
3M

About Fannie Mae (QB)

Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold. Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.

Sector
Mortgage Bankers & Loan Corr
Industry
Mortgage Bankers & Loan Corr
Headquarters
Washington, District Of Columbia, USA
Founded
-
Fannie Mae (QB) is listed in the Mortgage Bankers & Loan Corr sector of the OTCMarkets with ticker FNMAG. The last closing price for Fannie Mae (QB) was $16.68. Over the last year, Fannie Mae (QB) shares have traded in a share price range of $ 0.00 to $ 0.00.

Fannie Mae (QB) currently has 1,158,087,567 shares outstanding. The market capitalization of Fannie Mae (QB) is $19.32 billion. Fannie Mae (QB) has a price to earnings ratio (PE ratio) of 565.38.

FNMAG Latest News

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com PR Newswire NEW YORK, Dec. 5, 2013 NEW YORK, Dec. 5, 2013 /PRNewswire/ -- Investors and traders in Fannie...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000PR
40000000PR
120000000PR
260000000PR
520000000PR
1560000000PR
2600000000PR

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FNMAG Discussion

View Posts
navycmdr navycmdr 34 minutes ago
$Fannie $Mae (FNMA) – $Price $Target $90


Fannie Mae (FNMA) – Price Target $90
Posted on December 6, 2024

Fannie Mae

Two BUY recommendations were posted on November 26, 2022[1] and September 13, 2023[2] for Federal National Mortgage Association or Fannie Mae (FNMA) common stock. This post will analyze the conservatorship, Net Worth Sweep, Fannie Mae’s earnings, and provide a potential price target.

Conservatorship and Net Worth Sweep

On September 6, 2008, the Federal Housing Finance Agency (FHFA) took full control over Fannie Mae and Freddie Mac. Major losses in 2007 and 2008 stemming from defaults in the mortgage market prompted the start of the government conservatorship. The conservatorship directed the FHFA to act as conservator to preserve and conserve the assets of Fannie and Freddie. Once Fannie and Freddie recovered its losses, it would be released from the FHFA’s control.[3]

The conservatorship included an agreement between the U.S. Treasury and Fannie Mae. The Treasury bought senior preferred stock in Fannie and Freddie in exchange for a $100 billion capital commitment to each company. In exchange, Fannie would pay the Treasury a 10% dividend. The capital commitment was increased to $200 billion and then ultimately raised to an unlimited amount through the end of 2012.

However, without notice to shareholders, on August 17, 2012, the Treasury and FHFA changed the agreement. The Treasury knew Fannie would make record profits in the future and directed the companies to pay 100% of its net profits to the Treasury instead of 10%.[4] On the first year of the net worth sweep in 2013, Fannie Mae posted its highest annual profit ever of $83.9 billion. As a result, Fannie and Freddie were forced to pay 100% of its profit or over $130 billion in cash dividends to the Treasury. Fannie and Freddie were forced to pay $111 billion more than what the original 10% dividend would have been. At the end of 2013, Fannie’s share price closed at $3.01.

Shareholders filed a class action lawsuit against the FHFA in 2013. “First filed in 2013, the lawsuit by Fannie and Freddie shareholders bounced between the trial and appellate courts over the next decade, with Hume arguing and winning a successful federal appeal in the D.C. Circuit in 2017. The case was finally heard by a federal jury in the fall of 2022, but that jury could not agree upon a unanimous verdict. The second time around, the jury issued a resounding and historic rebuke against the government’s overreach.”[5] Since the conclusion of the court proceedings the presiding judge has yet to finalize the verdict.

Make Fannie and Freddie Great Again



In his last term, President Donald Trump was trying to release Fannie and Freddie from conservatorship. “My Administration would have sold the government’s common stock in these companies at a huge profit and fully privatized the companies,” Trump wrote in a 2021 letter after he left office to Republican Sen. Rand Paul. “The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the Obama/Biden administration. My Administration was denied the time it needed to fix this problem because of the unconstitutional restriction on firing Mel Watt,” the FHFA director at the time, Trump said.[6]

Donald Trump won the election in November 2024 and is appointing a cabinet that is focused on the release of Fannie and Freddie from conservatorship.[7] “The government’s stake in the two mortgage giants could be valued at billions of dollars, meaning a spinoff would potentially net a big payday for the government and private investors in the two companies, said Ted Tozer, who led Ginnie Mae, a separate government-sponsored mortgage company, during the Obama administration.”[8]

Hedge fund managers John Paulson and Bill Ackman are participating in the background to help Trump and his cabinet release Fannie and Freddie. Paulson and Ackman have been vocal about their stakes in the two companies.[9] [10] According to FOX Business, Paulson’s investments in government-sponsored enterprises (GSEs) such as Fannie Mae “played a role in his dropping out of the Treasury Secretary contention,” suggesting it signals “a huge clue that privatizing the GSEs may be back on the table” for the incoming Trump Treasury.”[11]

Fannie Mae’s Earnings

Below are tables of Fannie Mae’s annual net income from 1985 to 2023 for reference.[12] The tables are separated by time periods ranging from 1985 – 2001, 2002 – 2006, 2007 – 2011, and 2012-2023. The table includes the year, annual net income, percentage change from the prior year, and different periods of growth highlighted.




Exponential Potential?

There are two ways to plot data; linearly and logarithmically.

A linear scale has equal distance between each data point.[13] If exponential growth occurs between each data point, a linear scale will not display it accurately. Therefore, plotting data that grows exponentially on a linear scale will be meaningless.[14] Linear scales are used for precise measurement, not measurements that variate. A linear scale is used to display a map, nautical chart, engineering drawing, or architectural drawing.[15] Reading an improperly scaled map might lead one to the wrong destination.

A logarithmic scale does not have an equal distance between each data point. The spacing between each data point is not proportional, hence more suitable for unequal changes in data. Negative numbers are not plotted on a logarithmic scale, so all numbers are positive. The distance between data points is a multiple of a base number raised to a power. In other words, if exponential growth occurs, a logarithmic scale will display that growth. Logarithmic scales are better suited to plot large numbers that cover a large range.[16] This may include a company’s earnings, sound levels, or earthquake magnitudes.

Fannie Mae’s annual net income from 1984 to 2023 is graphed below. The first graph is scaled linearly.


Graph created using https://draxlr.com/

From 1985 to 2001, Fannie Mae’s net income grew from $37 million to $5.89 billion or approximately a 16,000% increase. The large percentage increase of 16,000% is barely noticeable on a linear scale. Smaller variations are difficult to view, such as between 2002 to 2006, when earnings only grew 4%. Also, the linear chart inaccurately displays the 488% gain as a larger line than the 648% gain.

In contrast, the second graph below is scaled logarithmically.


Graph created using https://draxlr.com/

As a result, the exponential rise from 1985 to 2001 is more prominently displayed. The variation in earnings from 2002 to 2006 is more visible. Logarithmic scales display only real numbers therefore the losses from 2007 to 2011 are not plotted. The change between 2012 and 2013 is not as pronounced versus the linear chart. This suggests the current earnings do not appear distant from the record profit-making year of 2013. Since the distance between each data point is based upon a percentage change, a logarithmic scale accurately displays the magnitude of a change in values. An example is from 2017 to 2018 when earnings went from $2B to $15.9B or a 648% increase. 648% is a larger line than 488% whereas on the linear chart it was incorrectly scaled by a large distance. In conclusion, the logarithmic chart scales Fannie’s earnings more accurately than the linear chart.


Graph created using https://draxlr.com/

Using a logarithmic scale instead of a linear scale proposes the following conclusions about Fannie’s earnings. Fannie’s 5-year earnings dispersion lies at a higher level approximately 3 to 3.5x higher than in 2006 and prior. Fannie Mae traded at its all-time high of $89.38 in 2000. In 2000, Fannie Mae earned $4.4B. The average of Fannie Mae’s most recent 5-year earnings from 2019-2023 equates to $15.6B. In other words, Fannie Mae has earned 3.5x more than it did in 2000.

Which Price May Be Right?

Subnani Investment Research, LLC believes the price of Fannie Mae’s common shares should be higher than its all-time high of $89.38 considering the current earnings are 3.5x higher than when Fannie’s shares were trading at its peak. This represents an undervaluation of approximately 33x of the current market price. The firm believes the significant mispricing is a result of a market inefficiency. In economic theory, an inefficient market is one in which an asset’s prices do not accurately reflect its true value. “Market inefficiencies exist due to information asymmetries, transaction costs, market psychology, and human emotion, among other reasons. As a result of market inefficiencies, assets may be over- or undervalued in the market, creating opportunities for excess profits.”

Technical analysis is a method used in financial charting to determine trends of a stock. If market inefficiencies exist, technical analysis holds merit. The 200-day simple moving average is a key indicator that may provide potential entry and exit points or identify the direction of an overall trend. Fannie Mae’s price closed below the simple moving average in November 2007 at $38.42 during the real estate meltdown. This indicated a major bearish signal. However, in November, Fannie Mae closed at $3.13, significantly above the 200-day simple moving average of $1.86. The firm believes the close above the 200-day simple moving average is a bullish signal and an indication of a major reversal of the overall trend.

Below is a monthly chart of Fannie Mae dating from 1985 to present scaled linearly and scaled logarithmically. Stock prices do not move proportionately day-to-day. Scaling the price data similarly to how the earnings were above yields a strikingly different appearance. While $90 may seem unattainably distant when scaled linearly, the logarithmic chart appears to shorten that distance.


Fannie Mae common stock price (1985-2024) / ThinkorSwim Charting / Linear Scale


Fannie Mae common stock price (1985-2024) / ThinkorSwim Charting / Logarithmic scale

Stock prices experience exponential changes therefore the firm expects the stock to recover faster than anticipated. The firm maintains its STRONG BUY rating and has a $90 price target. To become a client, contact Sanju via email at ssubnani@sinvestsllc.com.
👍️ 1
trunkmonk trunkmonk 51 minutes ago
they most likely already know each other, publicly they need to not talk, its just more ammo for snakes like Mad Maxine who want to steal as much of everyone's money and give to HER people. No wonder racism is alive and well at the likes of her and Al Sharptongue, it wont go away until they do.
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Donotunderstand Donotunderstand 1 hour ago
Thank you

I think the evidence does show F and F got caught with their pants down at first by holding insanely crappy PLMBS as a key part of key reserves

But any long term reader of this board knows F and F have low delinquencies and such --- and have made huge and huger profits - NONE of which would be possible if they were forced to buy Billions and Billions of junk . The results - low loss ratios or however its called and huge profits do NOT happen when you are saddled with owning the junk of others in serious size
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Donotunderstand Donotunderstand 1 hour ago
good points but maybe an over reach?

you note
Yet many of these late comers are same people who complain that the Government screwed us. They didn't screw me because I bought in the post-screw period as I think most of us did.

yes - but
I lost on initial JPS and common
I gained on trading
Today most if not all of what I hold I bought at 2021 lows and again 2023 lows ( I think)

BUT ---- I thought this was a wise speculation because the history included IMO a ton of robbery and poor lawyering and poor judgements and that at some point - the ROBBERY had to be paid back at some time in some reasonable profit way for a speculation (say 4X or 8X or 15X)

So I can say the GOV screwed me by not living up to its obligations ---- the current rally allowed me to unload a thin part of my JPS at 7X or so - and the common is up about 5X (after the original losses I still am down) from where I bought those. But not being a victim of hidden GOV actions and the NWS - does not mean those of us who bought on the expectation of "justice" are not victims of a lack of justice
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Donotunderstand Donotunderstand 1 hour ago
We do not know that

From what I read - FNMA and FMCC sat on a ton of cash - Retained Earnings -

To compete with TBTF banks and others - FNMA CHOSE on their own to maximize interest income and throw away concern for risk . So F and F bought - to hold as reserves !! backing the FNMA and FMCC MBS paper --- tons and tons of TBTF Private Label MBS. When the shist that the greedy banks wrote blew up ---- that blew up in the face of F and F

No one forced F and F to try and maximized interest income at the expense of prudent management of their reserves. No one know how HORRIBLE THE PLMBS paper was --- no one had any idea is lies on lies on more lies. So again I blame banks and banks and banks ---- but F and F reserves were hurt by a reach for what they thought was wise investment in PLMBS
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Donotunderstand Donotunderstand 1 hour ago
why does that impact PPS of FNMA and its freedom

hell they can have 20,000 employees if they free us in an equity favorable fashion - we are talking muti trillion dollar companies earning tens of billions a year
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Donotunderstand Donotunderstand 1 hour ago
Yes but

Musk and Viv are only recommendations (see RR's GRACE Commission - i.e. nothing happened - nothing for a serious equal size effort to CHANGE the world)

But the EXECUTIVE - v CONGRESS is what we need

Hey if M and V root for current equity GREAT ---- but indeed they are "fans" and not real players

key is - how far can the Executive reach to change things without Congress and some of us think that is a long reach ---- but still wonder what DJT really cares about or understands - given round one did negative
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Donotunderstand Donotunderstand 1 hour ago
Agree this has fewer bias driven mistakes and covers a LOT of interesting ground

I think ? the organization behind these two authors represents the small and smaller banks and thus has little influence?
I think ? those people who wrote this lean left - thus have little influence

BUT They assume a utility model is necessary and possible for an executive (non legislative) exit

That is encouraging - even if they give few details

thank you for the link
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Donotunderstand Donotunderstand 2 hours ago
in terms of value or PPS of FNMA --- salaries at FHFA are .0000001 or whatever

now killing it somehow and drawing a straight line to a Treasury department - hhhmmm

likely not good or bad for operations but could assist TREASURY to kill the LP/SP 200B overhang?

??
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MrRubs92 MrRubs92 2 hours ago
If no one else cares, please keep posting. I have used it several times to assist me on averaging. Your comment on Wednesday made me large gains so thanks brother!
👍️0
NeoSunTzu NeoSunTzu 2 hours ago
Fiderer needs to connect with Ackman OR Ackman needs to know of Fiderer ... I'd be surprised if this already is NOT the case, but stranger things have happened ... Ackman's inside position with the Admin, his long-term/long-time investment, PLUS all the well-thoughout threads and ammo from Fiderer are exactly what this needs to get us where we all want to go ...

I've said all along the graceful way for the government out of this is to hint (or even explicitly state) that all the excessive efforts to take, hold, and accumulate capital from the GSEs was to comply with the c'ship AND RETURN the capital so the twins would be fully capitalized for business on day one without the further need for any outside capital or further govt involvement (warrants sold back, the unnecesary liquidation preference deemed protective only and now gone, as well as the sr preferred / provided funds paid back ... etc.)
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trunkmonk trunkmonk 3 hours ago
there are very few that have accumulated like the Officers and Gentlemen on this board and of course Bill and John, they get it, and will reap great rewards. the rest of us, or at least me, gets some retribution for sleezy government control and greed.
👍️ 2 💯 2
Guido2 Guido2 3 hours ago
Another brilliant thread by Fiderer:
https://x.com/Ny1david/status/1865179184881906110
👍️ 2 🚀 1
trunkmonk trunkmonk 3 hours ago
uh he has screwed up everything he has done cause he lets people behind him and handlers post for him sign for him(possibly), put up sick decorations without his say, last thing we want is his stinky hand into something someone else can use to their advantage and greed. we can wait for next guy, he WILL have a team that fixes and makes right as much as possible.
👍️ 1
HappyAlways HappyAlways 3 hours ago
This is a robbery.

1. Treasury forced upon Fannie and Freddie a loan, so that they could digest the toxic mortgages held by the TBTF. The loan carried 10% annual interest and 79.9% free warrants to Treasury.

2. Treasury and FHFA imposed the Net Worth Sweep on Fannie and Freddie in 2012, to make sure they can never exit their conservatorship. In the same year that NWS was imposed, Fannie and Freddie repaid $141 Billions for a loan of $191 billions. Without NWS, the loan balance and annual interest would be immediately reduced to $50 Billions and $5 Billions. And, the loan should have been fully paid off in 2015.

How shameless are the US Treasury and the administration to allow this to happen. It is crystal clear a case of Illegal Taking of Private Property.

👍️ 2 💯 2
Rodney5 Rodney5 4 hours ago
Think about this “the warrant’s exercise price of $0.00001 per share is considered non-substantive (compared to the market price of our common stock), the warrant was evaluated based on its substance rather than its form.” … non-substantive, Ha

As we consider the intricate design of the Senior Preferred Stock Purchase Agreement the conclusion this was not hashed out over night. No, this was a premeditated attack planned far in advance, ‘Crime’ …

In the end it will be brought to justice no one will escape the Law governing our universe for whatsoever a man sows that will he also reap for the Judge of heaven and earth will have the last word.
👍️ 1 💯 1 🙄 1
Rodney5 Rodney5 4 hours ago
The company was forced into a contract and gave away the Senior Preferred Stock for free along with the 79.9 % warrants to be purchased at a nominal price. The Treasury did not pay the company a billon dollars.

Quote: “We did not receive any cash proceeds from Treasury at the time the senior preferred stock or the warrant was issued.” End of Quote
page 25 Form 10K December 31, 2008

79.9% gives the Treasury 4.6 billion shares x 0.00001= $46,000. Forty six thousand dollars for 79.9 % of the company.

If the warrant is exercised, the stated value of the common stock issued will be reclassified as “Common stock” in our consolidated balance sheet. Because the warrant’s exercise price of $0.00001 per share is considered non-substantive (compared to the market price of our common stock), the warrant was evaluated based on its substance rather than its form.

Page F 10

https://www.sec.gov/Archives/edgar/data/310522/000095013309000487/w72716e10vk.htm#304;
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Release us Release us 6 hours ago
DOGE will grill FHFA
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mrfence mrfence 8 hours ago
I know it was some tiny fraction of a penny so less than cheap wall paper. IMO, if the Gooberment wants to make a profit they need to earn it and print each canceled Warrant individually. Like I said before, I'll take 1,000 square Ft. Bidding $0.10 a square.
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MRJ25 MRJ25 11 hours ago
Government paid a very low price for the warrants. Somewhere around 50 thousand dollars.
So, it is on the books for that amount. They can claim to get at least that money back.
I do not know how they paid for it. I believe they gave credit towards the loan. Same as the 1 billion dollars for the SPS.
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mrfence mrfence 11 hours ago
I'll take 1,000 square ft. 😅🤣😂
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jog49 jog49 12 hours ago
Same price as cheap wallpaper.
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jog49 jog49 12 hours ago
Let's f*** with the moronic dementia patient. Let's tell Biden her privately promised to release Fannie and Freddie from conservatorships at the same time he pardoned Hunter and that he is now running out of time on his term in office!
👍️ 1 😴 1
mrfence mrfence 12 hours ago
What are warrants that can't be exercised worth? 🤣
🤣 1
jog49 jog49 12 hours ago
"Warrants cannot be exercised but can be sold back to the companies for a negotiated price."

A fair price, if it has to be done at all, is $1 for every 50,000 shares.....provided the governments pays up the $1 for every 100,000 shares of the warrants agreement shoved down our throats . . . which the government did not pay. On second thought, the government didn't pay so why should we pay?
👍️ 4
ron_66271 ron_66271 12 hours ago
Today’s Final LIBOR Document Count is 33 Filings.

FDIC as Receiver, and both FNMA and FMCC are listed.



Ron
👍️ 2
Bostonsesco Bostonsesco 12 hours ago
Times 3 its 2024 not 2007
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Bostonsesco Bostonsesco 13 hours ago
My Hood Economics agrees with pat...


Simple math 

Everything triples in 10 years 
Upon going into conservatorship they were valued around 

$75 bucks X 3 = $225 
This Been going on 15 years 
So $225 (10 yr) + $112.50 (5 yr) = $337.50 

Which lines me up squarely between 

Pats Real analytics   
$290 

Esco's imaginary stock empire as if he was some street corner general running a criminal enterprise like it's GTA 5, the streets is calling I heard it when I was sleep! Let me live (No Cap)

$340
👍️ 2
ron_66271 ron_66271 13 hours ago
4364, 4362; “Federal National Mortgage Association, The Federal Deposit Insurance Corporation as Receiver,”

FMCC is also in the filings.
RESOLUTION.



Ron
👍️ 3
TightCoil TightCoil 13 hours ago
FNMA - All The Way
I just finished my Tightcoil TA Forecast for FNMA:
40 - 60 cents to the Green by next Friday's close
👍️ 3
EternalPatience EternalPatience 14 hours ago
After years of guaranteeing restructure, liquidation, sr. Preferred, warrants, JPS conversion, reverse split and parroting it for years, I would have loved to see his face when he possibly said, may be I was wrong on those 2 things

More to come on the rest as well... 
👍️ 3 🤣 2
pauljon4 pauljon4 14 hours ago
$10 , cash
👍️ 1
pauljon4 pauljon4 14 hours ago
Haha. You would not have loved that.
👍️0
EternalPatience EternalPatience 14 hours ago
Could you please elaborate on How foolish you felt when you typed those 3 letters ?  LOL..   Would have loved to see your face  
🤣 1
Viking61 Viking61 14 hours ago
Sounds great to me either way! Good luck all🚀
👍️ 1 💥 2
Clark6290 Clark6290 14 hours ago
Fantasy my Amigo, laughable at best
👍️0
RickNagra RickNagra 15 hours ago
Oh wow. $90 on deck.

Which Price May Be Right ?

Subnani Investment Research, LLC believes the price of Fannie Mae’s common shares should be higher than its all-time high of $89.38 considering the current earnings are 3.5x higher than when Fannie’s shares were trading at its peak. This represents an undervaluation of approximately 36x of the current market price. The firm believes the significant mispricing is a result of a market inefficiency. In economic theory, an inefficient market is one in which an asset’s prices do not accurately reflect its true value. “Market inefficiencies exist due to information asymmetries, transaction costs, market psychology, and human emotion, among other reasons. As a result of market inefficiencies, assets may be over- or undervalued in the market, creating opportunities for excess profits.”

Technical analysis is a method used in financial charting to determine trends of a stock. If market inefficiencies exist, technical analysis holds merit. The 200-day simple moving average is a key indicator that may provide potential entry and exit points or identify the direction of an overall trend. Fannie Mae’s price closed below the simple moving average in November 2007 at $38.42 during the real estate meltdown. This indicated a major bearish signal. However, in November, Fannie Mae closed at $3.13, significantly above the 200-day simple moving average of $1.86. The firm believes the close above the 200-day simple moving average is a bullish signal and an indication of a major reversal of the overall trend.

Below is a monthly chart of Fannie Mae dating from 1985 to present scaled linearly and scaled logarithmically. Stock prices do not move proportionately day-to-day. Scaling the price data similarly to how the earnings were above yields a strikingly different appearance. While $90 may seem unattainably distant when scaled linearly, the logarithmic chart appears to shorten that distance.

Stock prices tend to experience exponential changes therefore the firm believes the distance between the current market price of $2.49 and $90 could be recovered quicker than anticipated. The firm maintains its STRONG BUY rating and has a $90 price target upon Fannie and Freddie’s release from conservatorship.
👍️ 3 💥 1
Rodney5 Rodney5 15 hours ago
That’s an idea, Kthomp19 if a district court overturned the C-Ship you make tons more money. Ackman shorted the housing market and afterwards joined in. You could change teams as you said it’s what you can prove in court. You seem to be one up for a challenge, if it worked your name would go down in history. You recommend the 5th district. How about it?

The issues needed to understand now are the tough sneaky lawyer stuff. What is illegal exaction? What does sounding in tort mean? Can a derivative claim be heard under the little tucker act? Goal is to understand the actual limitations that can trip up any claim and head it off so that the claim can’t be dismissed on procedural grounds.
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pauljon4 pauljon4 15 hours ago
biden can't even spell GSE, let alone not completely F it all up.
👍️ 1
bradford86 bradford86 15 hours ago
warrants for sure will
👍️ 1 😱 1 🥳 1
IronMan123 IronMan123 15 hours ago
I have been wondering WHY Biden has not gone ahead and released. He is doing all he can to screw Trump before he takes over on the 20th. That would be one more way to screw things up for him. Biden is leaving money on the table for Trump.
👍️ 1 🙄 2
blownaccount9 blownaccount9 15 hours ago
Nothing. Literally nothing.
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MRJ25 MRJ25 15 hours ago
Warrants cannot be exercised but can be sold back to the companies for a negotiated price.
👍️ 5
tm3141 tm3141 16 hours ago
w are those documents for?
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Kimbrown Kimbrown 16 hours ago
FnF relist price should be $25-35 considering Warrants execution and Preferred conversion to Commons
👍️ 4 💥 2 🤢 1
Kimbrown Kimbrown 16 hours ago
FnF relist price should be $25-35 considering Warrants execution and Preferred conversion to Commons
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ron_66271 ron_66271 17 hours ago
23 New LIBOR Documents Filed Today.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262



Ron
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TightCoil TightCoil 17 hours ago
Truth is:
Some people want Fannie and Freddie Commons very bad - Makes me wonder if HawkEye Buffett has some straw men buyers fillin' his Lion"s Den.
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krab krab 17 hours ago
Interesting, after exit from GOVT control, General Motors Company (GM) went public Nov 2010 @ $34 with 1.1B float shares
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Patswil Patswil 17 hours ago
I provide a data based formula which justifies a PPS of $325


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