• BestPick
    $FNMA.OB was stronger when GOV was in shut down. Stock holder for FNMA should look forward to profit report for Q3.
    10/17/13
    Reply (14)
    • BestPick: I believe the Q3 profit report coming in November or late of this month. They have released their Q3 profit in August, so I'm guessing it
      10/17/13
    • Achilles Research: Won't have an impact on the stock: Sweep agreement still in place.
      10/17/13
    • victorburek: hasn't past profit reports had an impact?
      10/18/13
    • BestPick: Yes, it will and it did. Also the suit and lobbying are still in place beside to reform agreement from The House, but senate has NOT.
      10/18/13
    • BestPick: The Congress only extended its Gov ability to borrow until Jan. 15th. FNMA too complicated to just reform, and currently it's profiting.
      10/18/13
    • BestPick: when FNMA is making $$, it would be much more harder to reform, and some senates are in favor of returning it as it was;
      10/18/13
    • victorburek: so how can a contributor to this site say it wont have an impact, if it did have an impact in previous quarters, with same sweep in place?
      10/18/13
    • BestPick: it did have impact on prev. Q reports; But President and senators wanted to reform, but no agreement has been made except The House.
      10/18/13
    • Achilles Research: It didn't have an impact in the last quarter.
      10/18/13
    • BestPick: yes it did; Achilles Research is WRONG. President Obama's announcement (reform) caused it dropped on that 2nd QTR report.
      10/20/13
    • BestPick: It was soaring high on the day of 2nd QTR report; But on that night, President Obama's announcement caused huge drop on the next day.
      10/20/13
    • BestPick: That's why it looked it didn't have any impact on the 2nd QTR. I am 100% right on this.
      10/20/13
    • BestPick: correction: think it was soaring high due to QTR report, but the announcement caused huge drop before the day of QTR report;
      10/21/13
    • ken71: Next qtr - a record high with huge profits.Senates favouring the return of FNMA back to investors. Dec price will soar to close to USD10.
      10/22/13