This stock is going to tank for a long while. I hope you made your money on this last swing, and I hope you make your money shorting it all the way down.
Stocks to Watch for Monday September 8 A government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) could be announced as early as today, with shareholders facing the grim prospect of having their equity completely erased along with other major executive changes at the companies in a move to stabilize the mortgage market. Shares of smokeless tobacco company UST surged...
Thinking of investing in finacial stocks. Consider Bil Gross's comments first. Bond manager Bill Gross wants to spread the bailout wealth. Gross says in a commentary posted on the Pimco Web site Thursday that the government must “open up the balance sheet of the U.S. Treasury” to support Fannie Mae ( FNM ), Freddie Mac ( FRE ) and, in a new twist, “Mom a...
More bad news for the financial sector
- Bond manager Bill Gross wants to spread the bailout wealth. Gross says in a commentary posted on the Pimco Web site Thursday that the government must â...
FNM/FRE - I am 100% not short these stocks.
- FNM/FRE - The Fed has intervened and basically made it hard to stay short these things. While ultimately they will both be at zero, unless the Fed rea...
FNM/FRE - let the rest of the market move on
- FNM/FRE - The Fed continues to bumble cluelessly along when it comes to the market and the economy. FNM and FRE are both worthless, so the notion that ...
FNM going to ZERO, folks.
- FNM - As my kids say - OOUCHIE! The Fed jumped in and said "hey, dudes, we're gonna save your butt!" and they still cracked FNM and FRE! I'll save the...
MI Plummets... Are Bottom Feeders Hungry Yet??
- After watching M&I's deep plunge of over 10% yesterday, I wonder how close they may be in the vacuum behind Fannie & Freddie, and IndyMac (with absolut...
About Fannie Mae
- Answers.com
