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David Sims

 
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  • Blackstone Plan Proves Value Was Taken By Treasury
    Editors' Pick • Wed, Jul. 30 FNMA 46 Comments

    Summary

    • Treasury received Blackstone's recapitalization plan.
    • Recap plan proves that the equity shares had some value.
    • The 3rd Amendment of the PSPA was designed to destroy value.
    • Mario Ugoletti's sworn testimony is contradictory to this document.
  • Expect Gilead Sciences To Outperform
    Mon, Jul. 28 GILD 40 Comments

    Summary

    • Fair target price is more than $125 per share.
    • Sovaldi has a potential market of 200 million people, worldwide.
    • Political Risks are biggest threat.
  • Fannie Mae Has Adequate Capital To Be Released From Conservatorship
    Fri, Jun. 13 FNMA 79 Comments

    Summary

    • Evidence seems to suggest that the GSEs can exit Conservatorship as-is.
    • Existing legislation provides capital requirements.
    • Fannie Mae may have enough capital for release from government control.
    • Fannie and Freddie are the best solution for low-cost American home ownership.
    • Nobody will question the legitimacy of the warrants until the third amendment is reversed.
  • Fannie Mae Reports $5.3 Billion Profit In 1st Quarter Of 2014
    Thu, May. 8 FNMA 20 Comments

    Summary

    • Total Comprehensive Income of $5.7 Billion for the 1st Quarter.
    • Diluted Pro Forma EPS of $0.93.
    • Bill Ackman values these shares up to $47.
  • Time To Short Treasuries? Housing?
    Tue, May. 6 TLT 19 Comments

    Summary

    • Near-term Economic Weakness May Continue to Push Down Treasury Yields.
    • GDP Growth Later in 2014 could Approach 3%.
    • The Long-term outlook for Rates is higher.
    • Housing Could be Stronger than Expected.
  • The Irony Of A Fannie Mae And Freddie Mac Stress Test
    Fri, May. 2 FNMA 39 Comments

    Summary

    • In an absolute worst case scenario Fannie and Freddie need $190 billion.
    • Treasury has swept more than $200 billion for deficit reduction.
    • Fannie and Freddie employees cannot participate in reform.
  • Congressional GSE Reform Is Dead In 2014
    Tue, Apr. 29 FMCC 26 Comments

    Summary

    • Johnson-Crapo is dead on arrival.
    • Yale Law School scholar sides with shareholders.
    • Injunctive relief more likely as Treasury causes irreparable harm.
  • Housing Prices Rise, New Home Sales Fall, Earnings Loom
    Thu, Apr. 24 FMCC, MTG, RDN 1 Comment

    Summary

    • FHFA Housing Prices rise 6.9% y-o-y.
    • MGIC and Radian benefit from housing price increases.
    • Shareholders still fighting government at Fannie and Freddie.
    • New Home Sales drop to 384,000.
  • Senate Staffers 'Do The Hustle' With Fannie And Freddie Shareholders
    Fri, Apr. 11 FMCC 67 Comments

    Summary

    • Shareholders met with Senate Banking Committee Staffers.
    • Staffers point to the shareholder lawsuits for hope.
    • Reid lukewarm on GSE Reform this year.
  • Fannie And Freddie Investors Unite In Washington DC
    Wed, Apr. 9 FNMA, FMCC 28 Comments

    Summary

    • Shareholders came to DC to represent themselves.
    • Government has overreached their constitutional power.
    • Regulators have breached their fiduciary duties to shareholders.
  • Government Profits From Continued Control Of Fannie And Freddie
    Thu, Apr. 3 FMCC, FNMA 40 Comments

    Summary

    • Cash payments exceed cash borrowings by many billions of dollars.
    • FHFA has the power to stop payment of dividends.
    • Ralph Nader and Koch Brothers have something in common.
  • The Good, The Bad, And The Ugly Of Mortgage Reform
    Fri, Mar. 28 FNMA, FMCC 39 Comments

    Summary

    • Johnson-Crapo Bill is a de facto Nationalization.
    • Maxine Waters Bill funds Special Interests.
    • Shareholders Want Their Property Returned.
  • Shareholders Of Government-Sponsored Enterprises Get Maxine Waters's Respect
    Thu, Mar. 27 FMCC 8 Comments

    Summary

    • GSE Shareholders Getting Some Respect.
    • New Bill Raises New Questions.
    • The Common Stock may be Worth Something.
  • Fannie And Freddie Poised To Break Out
    Wed, Mar. 19 FMCC, FNMA 58 Comments

    Summary

    • Fannie Mae and Freddie Mac are poised to break out.
    • The GSEs helped millions of households avoid foreclosure.
    • Retaining Earnings is the best protection for taxpayers.
  • Why Does Ackman Think Fannie Mae Is A Ten Bagger?
    Wed, Mar. 5 FNMA, FMCC 97 Comments

    Summary

    • Fannie and Freddie common stock could be worth $30 to $45 per share.
    • The government's warrants could be worth more than the original bailout.
    • Many people believe the government will lose their legal battle.
  • Fed Officials And GSE Shareholders Surprised By 2008 Crisis
    Tue, Feb. 25 FMCC, FNMA 5 Comments
  • GSE Shareholders Demand Respect
    Fri, Feb. 7 FMCC, SLM, FNMA 36 Comments
  • Foot Locker And Colgate-Palmolive Go Ex-Dividend This Week
    Oct. 14, 2013 FL, CL 2 Comments
  • Impac Mortgage, A Hidden Value?
       • Jul. 23, 2013 IMH 7 Comments
  • Interesting Developments In Fannie Mae And Freddie Mac
    Mar. 22, 2013 FMCC, SLM, FNMA 20 Comments
  • Utilize Dividend Collars With Mortgage REITs
    Dec. 4, 2012 CYS, NLY, AGNC 9 Comments
  • Fiscal Cliff Uncertainty Presents Real Opportunities
    Nov. 26, 2012 ATO, SJM, DE 3 Comments
  • Housing Improves According To Q3 Earnings Call Transcripts
    Nov. 12, 2012 AMTG, BIP, CBL 2 Comments
  • Boosting Portfolio Yield With Covered Call Trades
    Nov. 9, 2012 NAV, BBY 6 Comments
  • 3 Lucrative Ex-Dividend Options Trades For This Week
    Nov. 5, 2012 BP, STX, MET 7 Comments
  • 3 Ex-Dividend Options Trades For Early Next Week
    Oct. 25, 2012 CPNO, KMP, CQP 4 Comments
  • How To Position Your Portfolio For A Gold Rally
    Oct. 24, 2012 GLD 6 Comments
  • Profit From McMoran And AK Steel Covered Calls
    Oct. 23, 2012 AKS, MMR 8 Comments
  • 4 Ex-Dividend Trades For This Week
    Oct. 22, 2012 BK, QRE, SUSQ 8 Comments
  • Ex-Dividend Covered Call Trades To Build A Portfolio Upon
    Oct. 18, 2012 TOO, CODI 1 Comment
  • Pharma And Surgical Covered Call Trades With Attractive Returns
    Oct. 17, 2012 QCOR, MAKO Comment!
  • Profiting From Covered Calls In Fusion-io And Riverbed Technology
    Oct. 11, 2012 RVBD, FIO 1 Comment