Fannie Mae (FNMA)

[ShortPutCall]

I should correct myself, imo a short at this moment might not be worth the risk/reward. AS i said there will be an uptick when the lawsuits get more attention before anykind of ruleing. IMO up to $3.50-4 range. Then right before the ruleing a short would be smart. Do not get greedy if it drops 30-50% close. Then Buy it right back up. My only reason for short talk is that its the only action this stock is going to see. Long term I'm in, but buying right now with a margin, and no put options to hedge, i dont wanna have to worry about covering my margin becasue a stupid lawsuit gets thrown out. Or you can just buy without margin and let it sit. 100k, in five years stock is at 20 1000% return thats a million. LOL