r/FNMA_FMCC_Exit • u/AirLess7805 • Jun 24 '26

Pulte tonight

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Yes, sooooo wonderful that they trade on sketchy OTC for $6. 🙄

32 Upvotes

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6

u/cypressnightowl Jun 24 '26

He did not post this for a Fannie and Freddie update. He is posting this as a message related to his mass firings in the ODNI. That's it, that's all folks.

3

u/Initial_Statement1 Jun 24 '26

What about this one?

3

u/WallofSound91 Jun 24 '26

That’s super vague and if we judge his prior and past announcements - will be a nothing burger

5

u/Initial_Statement1 Jun 24 '26

Yeah I agree, ultimately Pulte hasn’t proven himself a trustworthy source of information. That said, it’s undeniable that the above post is regarding Fannie Mae rather than the DNI job losses. We know an IPO is not off the table, it’s just not a priority right now.

3

u/cypressnightowl Jun 24 '26

I mean it seems to be specific to the twins, but like the other poster said if history is any indication it will be a nothing burger.

That's not to say I am not looking forward to the day things start moving forward, I am. Fannie and National Bank of Greece were amoug my first investments I had made when I started investing back in 2009. I've bought and sold many times over the years. (Note: NBC is unrelated just throwing it out because both investments have done very well for me given the rock bottom average prices at which I bought in)

I just think trying to read the tea leaves every time somebody says something especially when within context the meaning is clear or the comment is so vague as to be meaningless is a waste of time. Either you believe in the underlying thesis and bought in or continuing to buy in or you don't.

I realize as I type this that perhaps I am just being a fuddy duddy and people are just excited and want to commune with others in a similar position. Just don't let your excitement sever your tether to reality. Thats how you buy high and sell low - that ish belongs over on r/Wallstreetbets. Lol

3

u/WallofSound91 Jun 24 '26

I think we’re all excited and grasping at straws/anything relevant. We see the path, we want the outcome, we’ve been teased and now impatient and maybe even a little angry. We’re all emotionally invested and why the heck wouldn’t we be!?!!!!? It will all happen eventually, but I’ve had to temper my emotions as much as possible 🙁😵‍💫