Fannie Mae (FNMA)

[Stockman1010101]

This is the reason why we had the financial destruction of 2008 and the reason why many lost their life's savings, and some even committed suicide when they found out their vast fortunes were obliterated/erased over night. By the acts of such irresponsible people in congress as Frank/Pelosi. The reason the GSE stock went from $70 pps to $0.30 pps in a few weeks. Also the reason many of us are here investing in these companies at these bottom basement prices, believing/hoping their come back to $100 pps is inevitable.
Thats why they say "from every adversity there is an equal and better opportunity". Unfortunately, its been more then a 3 year ride for me and going. I am waiting for the big pay day of $100 pps, and yes it will come because the country cannot live without the 30 year mortgage and what the GSEs bring to table. We are just starting to see the recovery of the GSEs play out and the stock running to much higher levels, 10X, 20X, 30X, 40X, 50X the current price. Anything above that is cherry on top of the cake. GLTA.