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1 point posted on 11/30/08

N/A

mr.skates:

-55.10%
risk: conservative

To all you bashers!!!! FNM is going to ride the BULL!!!

I noticed everybody had jumped the gun on FNM sometime ago. But I'm interested in what are you all thoughts now since the FDIC announced the 600 Billion bad paper purchase? And for the next 5 days FNM has averaged a 50% upswing everyday. I'm not saying this will happen everyday and it still may take a dip or two along the ride. But I see FNM and FRE storming through $2 and maybe even $3. I say they both hit the $7 to $10 mark in 6 months. So if your not on board you better move fast.

Related to:

FNM

Fannie Mae

Comments (3)

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mr.skates

N/A

1 point commented 369 days ago reply

I might add, I'm long on this stock I got in at .45 for the first 1000 shares.

om.samuel2

38%

1 point commented 368 days ago reply

i agree with you

traderdrew

51%

1 point commented 364 days ago reply

dont mistake short term movements for vindication

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Fannie Mae (FNM)

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