:aktion033 [returns to sounds of cheering] :aktion033
Been a while. Guess I'm back by popular demand. Hope everyone is having fun in this volatile market, lots of trading opportunities. I'll keep this fairly short and will try to provide additional information in subsequent posts. Consider this your Golden Ticket. I present to you: #FANNIEGATE
________________________________________________________________________________________________________
Fannie Mae and Freddie Mac (commonly referred to as the GSEs) were put into Conservatorship in 2008. At the time, they had the highest amount of capital in history and they were also at their most profitable point in history. That should sound a few alarms right off the bat. But, let's take a quick look at what happened during the mortgage crisis. PLMBS is what caused the mortgage crisis, PLMBS sold by TBTF Banks, not F&F.
Even with the sudden rise in foreclosures, F&F were in a great position to weather the storm for the foreseeable future and beyond. In fact, F&F had a very low foreclosure rate, especially compared to the TBTF Banks. In 2008, the Treasury decided they were going to cripple the GSEs -- and help their TBTF Bank buddies -- by pushing all their PLMBS garbage onto F&F. As you can imagine, this wasn't a good scenario for F&F. But the CONservatorship took root and the Treasury placed the FHFA in charge of F&F.
The FHFA committed accounting fraud. There's no easy way to show this unless you're a CPA (then you can see for yourself by looking over their financial statements from 2008-2012). Basically, the FHFA decided to lose $200B for F&F since they were put in charge of their accounting and every day operations. Low and behold, they decided to find that $200B ~4 years later and then decided that they were going to steal F&F's profits in perpetuity indefinitely (yay, awesome!).
Well, I can tell you folks that if you want to make some serious cash in the next 3-9 months, then you need to get out there and buy the PREFERRED SHARES of Fannie and Freddie (I'm including the full list below, minus the low-yielding ones). These stocks have an up-side of roughly 600-900% on average, not to mention they are currently trading at a price point where you can get roughly 40% of your investment back in a yearly dividend (assuming they get reinstated soon, which I highly believe to be the case).
I recommend the high-yielding shares -- My primary holdings are FNMFN, FNMAK, FMCCT, FMCCP, FMCCK, and FMCKP. There are a lot of options, so go with what you feel is best. All I can say is, if you're not heavily invested in Fannie & Freddie Preferred shares in the coming weeks, you're going to look back and say, "God d@mnit, that kuwlness was right and I could've made a fortune."
FANNIE:
----------- Par Value @ % Yield (Yearly Dividend)
FNMAH -- $25 @ 4.50% (1.125)
FNMAI -- $25 @ 6.75% (1.6875)
FNMAJ -- $25 @ 7.63% (1.9075)
FNMAS -- $25 @ 7.75% (1.9375)
FNMAL -- $50 @ 4.75% (2.375)
FNMFM -- $50 @ 5.10% (2.55)
FNMAN -- $50 @ 5.13% (2.565)
FNMAT -- $25 @ 8.25% (2.0625)
FREDDIE:
----------- Par Value @ % Yield (Yearly Dividend)
FMCKM -- $25 @ 5.57% (1.3925)
FMCKN -- $25 @ 5.66% (1.415)
FMCKO -- $25 @ 5.9% (1.475)
FMCKL -- $25 @ 6.02% (1.505)
FMCKI -- $25 @ 6.55% (1.6375)
FMCKJ -- $25 @ 7.875% (1.9687)
FMCKK -- $50 @ 5% (2.50)
FMCCH -- $50 @ 5.10% (2.55)
FREJP -- $50 @ 5.3% (2.65)
FMCKP -- $50 @ 5.70% (2.85)
FMCCK -- $50 @ 5.79% (2.895)
FMCCO -- $50 @ 5.81% (2.905)
FMCCP -- $50 @ 6.00% (3.00)
FMCCT -- $50 @ 6.42% (3.21)
Join me in restoring Fannie & Freddie and helping keep the dream of home ownership alive in America. Without F&F, their would be no 30-year mortgage and the housing market will quickly deteriorate as capital dries up and the TBTF Banks refuse to offer mortgages to most everyday Americans.
I've been in these stocks for ~2 years and am only now more certain that ever that stockholders will prevail and we will be given back our companies. I believe the Preferred Shares will trade back to their Par Value, or at least within 10% of their Par Value, which leaves significant up-side.
I am not a hedge fund, I am not a broker, and I am not an adviser. But I do have an incredible understanding of financial documents. Accounting Fraud was committed to justify the CONservatorship and this will not stand. The GSEs will be given back to their rightful owners (shareholders) and those owners will be rewarded by in the very near future.
Fannie & Freddie -- Your Ticket to Fortune (and possibly Fame)
Been a while. Guess I'm back by popular demand. Hope everyone is having fun in this volatile market, lots of trading opportunities. I'll keep this fairly short and will try to provide additional information in subsequent posts. Consider this your Golden Ticket. I present to you: #FANNIEGATE
________________________________________________________________________________________________________
Fannie Mae and Freddie Mac (commonly referred to as the GSEs) were put into Conservatorship in 2008. At the time, they had the highest amount of capital in history and they were also at their most profitable point in history. That should sound a few alarms right off the bat. But, let's take a quick look at what happened during the mortgage crisis. PLMBS is what caused the mortgage crisis, PLMBS sold by TBTF Banks, not F&F.
Even with the sudden rise in foreclosures, F&F were in a great position to weather the storm for the foreseeable future and beyond. In fact, F&F had a very low foreclosure rate, especially compared to the TBTF Banks. In 2008, the Treasury decided they were going to cripple the GSEs -- and help their TBTF Bank buddies -- by pushing all their PLMBS garbage onto F&F. As you can imagine, this wasn't a good scenario for F&F. But the CONservatorship took root and the Treasury placed the FHFA in charge of F&F.
The FHFA committed accounting fraud. There's no easy way to show this unless you're a CPA (then you can see for yourself by looking over their financial statements from 2008-2012). Basically, the FHFA decided to lose $200B for F&F since they were put in charge of their accounting and every day operations. Low and behold, they decided to find that $200B ~4 years later and then decided that they were going to steal F&F's profits in perpetuity indefinitely (yay, awesome!).
Well, I can tell you folks that if you want to make some serious cash in the next 3-9 months, then you need to get out there and buy the PREFERRED SHARES of Fannie and Freddie (I'm including the full list below, minus the low-yielding ones). These stocks have an up-side of roughly 600-900% on average, not to mention they are currently trading at a price point where you can get roughly 40% of your investment back in a yearly dividend (assuming they get reinstated soon, which I highly believe to be the case).
I recommend the high-yielding shares -- My primary holdings are FNMFN, FNMAK, FMCCT, FMCCP, FMCCK, and FMCKP. There are a lot of options, so go with what you feel is best. All I can say is, if you're not heavily invested in Fannie & Freddie Preferred shares in the coming weeks, you're going to look back and say, "God d@mnit, that kuwlness was right and I could've made a fortune."
FANNIE:
----------- Par Value @ % Yield (Yearly Dividend)
FNMAH -- $25 @ 4.50% (1.125)
FNMAI -- $25 @ 6.75% (1.6875)
FNMAJ -- $25 @ 7.63% (1.9075)
FNMAS -- $25 @ 7.75% (1.9375)
FNMAL -- $50 @ 4.75% (2.375)
FNMFM -- $50 @ 5.10% (2.55)
FNMAN -- $50 @ 5.13% (2.565)
FNMAT -- $25 @ 8.25% (2.0625)
FREDDIE:
----------- Par Value @ % Yield (Yearly Dividend)
FMCKM -- $25 @ 5.57% (1.3925)
FMCKN -- $25 @ 5.66% (1.415)
FMCKO -- $25 @ 5.9% (1.475)
FMCKL -- $25 @ 6.02% (1.505)
FMCKI -- $25 @ 6.55% (1.6375)
FMCKJ -- $25 @ 7.875% (1.9687)
FMCKK -- $50 @ 5% (2.50)
FMCCH -- $50 @ 5.10% (2.55)
FREJP -- $50 @ 5.3% (2.65)
FMCKP -- $50 @ 5.70% (2.85)
FMCCK -- $50 @ 5.79% (2.895)
FMCCO -- $50 @ 5.81% (2.905)
FMCCP -- $50 @ 6.00% (3.00)
FMCCT -- $50 @ 6.42% (3.21)
Join me in restoring Fannie & Freddie and helping keep the dream of home ownership alive in America. Without F&F, their would be no 30-year mortgage and the housing market will quickly deteriorate as capital dries up and the TBTF Banks refuse to offer mortgages to most everyday Americans.
I've been in these stocks for ~2 years and am only now more certain that ever that stockholders will prevail and we will be given back our companies. I believe the Preferred Shares will trade back to their Par Value, or at least within 10% of their Par Value, which leaves significant up-side.
I am not a hedge fund, I am not a broker, and I am not an adviser. But I do have an incredible understanding of financial documents. Accounting Fraud was committed to justify the CONservatorship and this will not stand. The GSEs will be given back to their rightful owners (shareholders) and those owners will be rewarded by in the very near future.
Fannie & Freddie -- Your Ticket to Fortune (and possibly Fame)
