Fannie Mae (FNMA)

[Tyamont0321]

Mike,

No worries man, I plan to keep posting and obviously reading (more so) to continue to learn. I honestly believe in continually buying and holding. I get paid on the 1st and 15th of the month every month; each paycheck has an amount dedicated to buying more shares. Unfortunately I am not debt free, as I have taken out two student loans, so it is not as much as I would like to put forward, but like I said before, if Justice prevails, I / we will be very well off.

No offense to BM Patswil, as I love his valuations and his calculations are certainly in the ball park so-to-speak if these were typical companies and stocks. However, I do not believe we are going to any court to completely rule in our favor and offer damages to shareholders. I think at best we will have the NSW rescinded and everything above the $188b returned to the companies. (again, this is just a personal opinion of our best case scenario.) This theory is based on the fact that we are going against the Gov, and they ALWAYS get a lenient "sentencing" when they are in the wrong. ( Case and point AIG).

Good luck my friend, at the end of the day I do hope Patswil's $300+ PPS estimate rings true for all of us!!!