The Crowd Tape
What the street is doing, not what I think
What top X accounts are doing, not what I think
| Accounts | Bull | Neu | Bear | None |
|---|---|---|---|---|
 @BillAckmanViews › | 1 | 0 | 0 | 0 |
 @UrbanKaoboyViews › | 0 | 0 | 5 | 0 |
 @michaeljburryViews › | 0 | 1 | 0 | 0 |
 @carlquintanillaViews › | 0 | 0 | 1 | 0 |
@BillAckman: (Reposted by @BillAckman) @SnowballCaptial argues Michael Burry is wrong to sell $FNMA and $FMCC common and sides with Bill Ackman's plan. The case: the GSEs drew about $193B from Treasury and returned about $301B, so the senior preferred should be treated as repaid, Treasury exercises warrants for about 79.9% of the common and they relist on the NYSE, which avoids the 90%+ dilution Burry fears. He sees a 90% wipeout of private common as a bad headline for an administration wanting to claim it fixed Fannie and Freddie.@carlquintanilla: $FNMA $FMCC $RKT $Z: US Mortgage Rates Hit 7.5%, Extending Slump in Home Buying.@UrbanKaoboy: (Reposted by @UrbanKaoboy) @realKunalAShah says listening to Michael was one of his most profitable decisions: he rode Fannie/Freddie common from 60-70c to about $10-12 and then exited. He credits Michael's long-ago analysis, which now says the GSE junior prefs and common are worth very little if SPS forgiveness does not happen.@UrbanKaoboy: Replying to @michaeljburry: @UrbanKaoboy says the fulcrum remains at the senior preferred (SPS) level, so even the junior preferred (JPS) are not out of the woods. In his quoted note he argues the administration has little appetite for mortgage-market risk and SPS forgiveness looks less likely, leaving $FNMA and $FMCC common and JPS worth very little.Clear split. Accounts are on both sides; see the two columns above for where they differ.
@carlquintanillaViews ›@michaeljburryViews ›@UrbanKaoboyViews ›@UrbanKaoboy) @realKunalAShah says listening to Michael was one of his most profitable decisions: he rode Fannie/Freddie common from 60-70c to about $10-12 and then exited. He credits Michael's long-ago analysis, which now says the GSE junior prefs and common are worth very little if SPS forgiveness does not happen.@BillAckmanViews ›@BillAckman) @SnowballCaptial argues Michael Burry is wrong to sell $FNMA and $FMCC common and sides with Bill Ackman's plan. The case: the GSEs drew about $193B from Treasury and returned about $301B, so the senior preferred should be treated as repaid, Treasury exercises warrants for about 79.9% of the common and they relist on the NYSE, which avoids the 90%+ dilution Burry fears. He sees a 90% wipeout of private common as a bad headline for an administration wanting to claim it fixed Fannie and Freddie.@carlquintanilla: $FNMA $FMCC $RKT $Z: US Mortgage Rates Hit 7.5%, Extending Slump in Home Buying. (Bearish)$FNMA $FMCC $RKT $Z: US Mortgage Rates Hit 7.5%, Extending Slump in Home Buying.
$FNMA $FMCC $RKT $Z US Mortgage Rates Hit 7.5%, Extending Slump in Home Buying https://www.bloomberg.com/news/articles/2026-10-14/us-mortgage-rates-hit-7-5-extending-slump-in-purchase-activity?utm_source=website&utm_medium=share&utm_campaign=twitter
Reasoning: Macro · Short term Specific
The poster explains why they swapped common stock for the junior preferred shares of Fannie Mae and Freddie Mac. $FNMA $FMCC @FHFA. The quoted post discusses developments with Fannie and Freddie and dealing with value stocks late in a bull market.
Why I swapped common stock for the junior preferred shares of Fannie Mae & Freddie Mac. $fnma $fmcc @FHFA
Reasoning: Fundamentals
(Reposted by @UrbanKaoboy) @realKunalAShah says listening to Michael was one of his most profitable decisions: he rode Fannie/Freddie common from 60-70c to about $10-12 and then exited. He credits Michael's long-ago analysis, which now says the GSE junior prefs and common are worth very little if SPS forgiveness does not happen.
I listened to Michael. One of the more profitable decisions of my life. Rode Fannie/ Freddie commons from 60-70c to about 10-12 USD and promptly exited. Think Michael has analysed this brilliantly a long time ago
Reasoning: Fundamentals · Medium term Specific
Replying to @michaeljburry: @UrbanKaoboy says the fulcrum remains at the senior preferred (SPS) level, so even the junior preferred (JPS) are not out of the woods. In his quoted note he argues the administration has little appetite for mortgage-market risk and SPS forgiveness looks less likely, leaving $FNMA and $FMCC common and JPS worth very little.
@michaeljburry Fulcrum remains at SPS level so even JPS are not out of the woods.
Reasoning: Catalyst · Medium term
Replying to @realKunalAShah: @UrbanKaoboy says the junior preferreds (JPS) are at risk too. In his quoted post he argues the administration has no appetite to take risks with the mortgage market and SPS forgiveness looks less likely, so the fulcrum likely stays at the SPS and everything below it, including the JPS and common of $FNMA and $FMCC ($FNMAS, $FMCKJ), is worth very little.
@realKunalAShah JPS at risk too imho.
Reasoning: Fundamentals · Medium term
Replying to @SpecialSitsNews: @UrbanKaoboy says "Ain't gonna happen," quoting his post arguing SPS forgiveness for Fannie and Freddie looks increasingly unlikely, leaving the junior prefs and common $FNMAS $FMCKJ $FNMA $FMCC worth very little.
@SpecialSitsNews Ain’t gonna happen.
Reasoning: Fundamentals · Medium term
Fund flows or trade records mentioned in posts reflect only the account’s own claims, are marked “Per the post” and are unverified.