Fannie Mae (FNMA)

[Hvp123]

You can sell all you want, lot of my friends sold their GGP shares when a short seller Hovde put a negative report and took shares 40% down, but those who held made 100 times their money, same thing happened in MBIA when it went from $73 to $3 in 6 yrs, his investors who remained with him made ton of money. Turning $60M into $3.3B on GGP and $29M into $1.6B on MBIA is not everybody's cup of tea. He is the most persistent guy in America and we have him on our side. Best thing for us common people who has no voice is that he bought common and preferred. Lot of people will learn about him the hard way here. Hope you are not one of them :)
The added bonus is Bruce here, this is only the second Co after GGP that they both are invested in the same Co. We are in the top 4 of Bruce's holdings and the best risk reward of 10 Companies in Ackman's portfolio out of thousands of Co out there. Why they picked FnF? Not everybody can read the writing on the wall when its foggy :)