The company is in conservatorship, common shares are worth nothing, unless you speculate that something drastic is going to happen to make them worth something.

I played this pretty well, in at .0010 out at .0022 for a couple grand profit. Rare when I catch a tip top like that but it sure felt good. I have a feeling SEEK is done though. Watchin from sidelines.

so you got the original 5k shares for free and all 40k from the first sale is taxable profit?

"Run for the hills! Don't be left holding the bag!"

Man, reading an article like that in Forbes would make me sick to my stomach if I was still holding shares. But on the other hand, I'll be watching closely for the big drop and bounce to make a couple more grand off this stock before it dries up for good.

got in at .073, out at .115 for quick profit of about 55% (about $2000.00). Thanks NTEK

looks like my timing was near perfect

FNMA/FMCC is an ATM! In on FMCC at 1.42 yesterday, out at 1.57 today. Quick $3000 play money for the long weekend, but I'm out till next week. GLTA and have a great 4th of July weekend.

Yeah I made a nice chunk of change on the climb to 5 and then more on the post crash bounce, but I've been avoiding getting back in since then. Glad I'm on the sidelines so far, but still watching.

gotta do your own due diligence. don't rely on ihub for it. 99% of the crap on here is pump and dump quality information.

I'm a part time investor, I do it to make money on the side. I turned 22k into 41k off FNMA. Not huge but not bad either. I've been on the sidelines since last Wednesday though because I think FNMA is gonna slowly fall back to 30 cents or lower, and I don't like day trading.

Every stock has its winners and losers. Gotta get in and out early. Lick your wounds, learn some lessons, and jump back in wiser next time.

if it drops to 30 cents and stays there for another 5 years, or worse gets dissolved and becomes worthless, eventually you have to realize your losses. I wish you the best however.

Only clueless investors are saying this about ARCA. They jumped in blindly, got burned like usual for big losses, and started looking for a boogie man. Someone mentioned ARCA and they all start echoing it like they understand the situation. Makes them feel better to seem like they're the victim.

I agree. FNMA looks dead short term. Long term who knows. This board is getting comical too, with all the attempted pumping. None of these chumps realize they're not gonna pump a stock with this much volume. It's kind of morbidly fascinating to watch the desperation though, and I think that's the main reason I keep coming back.

FNMA was fun for a while. One of the easiest 20k I've ever made. Wish I woulda gotten in sooner.

If this happens, POOF, all this stock becomes worth zero instantly. Something that should be considered carefully by all of you investing.

I'm still trying to decide if I should jump back in after doubling my investment last week. It was a fun week but I'm nervous about buying again.

I made about half my profit on that first giant bounce yesterday, and while I'm happy with the results, in hindsight it was incredibly risky the way I did it, and I'm lucky I didn't get burned. Selling and buying with the surge is scary stuff, with the split seconds it takes you to modify your orders making huge differences in how you make out. Not fun.

Having just gotten back into day trading, FNMA has been both an incredible amount of luck (with doubling my investment) and a huge wake up call to my strategy and emotions.

All you who got burned in this, at least LEARN A LESSON HERE! 2 days ago all people could talk about was how they would soon be millionaires, and how this stock could do no wrong. Now it is terror.

I got out yesterday with "only" doubling my investment. To think I was disappointed! I was honestly sitting here on Tuesday already counting my money, wondering if I would quadruple or quintuple it. Now I'm watching from the sidelines with morbid curiosity, considering myself incredibly lucky. It's a mixed feeling. I'm happy for myself, but still terrified at how close I came to hesitating and not getting out.

"stick your head in the sand" is the worst strategy you can have. you'd be better off taking your money to Vegas. form a plan and act on it.

+20k, from 22k invested. was +32k at the top, bailed at +10k during the plummet, got in lower, rode up to +20k, bailed again, and now i'm locked out because I took a free ride and all funds are unsettled. I'm thinking this might be good for me. I need to cool down.

Any tips from the pros on how best to sell when everyone is selling, and buy when everyone is buying? that was a harrowing experience. I'm really starting to see the value in selling while everyone is buying even if it feels early, because when that tide turns it gets scary fast.

This trade is tricky. A number of times it dropped, but consolidated and came back strong. Many of you screamed the sky is falling each time, but in those incidents if you got out, you were left behind. This time it really fell. Same crew screaming get out. Now they say they were right, but they were wrong the first 5 times.

This was my first panic sell. God damn that was scary. Couldn't change my order quick enough.

Lost 20k this morning from the top, but still up 9k overall... well now I'm back in and up 15k as off this post. Thing is rocketing back.

Good luck dudes.

crawford, i absolutely agree with you, and I think a lot like you do. you just have to remember that you can't be so negative that it ends up paralyzing you and you miss out on great opportunities.

volume is low but also not so volatile

Wow, that must have been fun when it immediately receded to 2.40ish and you were down $65,000. I know that wonderful feeling well myself from past investments.

As for Tuesday, who knows? I wish you best of luck, but if you're investing $100,000 I'd hope you have the experience to know that nothing is a sure thing with stocks. If you're new and you just took a wild gamble on this stock, then even if you make out well, I'd advise you to stop taking such risks, because in the long run you'll most likely end up losing big.

I love seeing reasoned and realistic comments like this. I have a large chunk of change invested in Fannie, and I'm excited about the potential, but this is money I'd be ok with losing. Ok as in I'd get by fine, not ok as in I'd be satisfied with the outcome. I cringe every time I read new posters acting like huge profits are a sure thing. Fannie so far has been "easy come", but in my experience it always ends with "easier go". The people who really know this are the people who aren't posting hyperbole on investor hub, and will probably gracefully exit with the biggest profits.

That being said, I've got a very strong gut feeling that at some point in the near future this stock will pass $10, and wouldn't be surprised if it goes well beyond before the end of summer. It'll be a wild ride though with lots of gut churning moments for everyone involved.

My projection for next week is $5.07

Brag Thread. Where did you get in? (for those who have bought and held)

I got in for 7500 shares at 1.69. I tried to buy 6000 FMCC at 1.50 but couldn't due to restricted funds, so I'm feeling pain with my pleasure. That would'a been a nice chunk of change.

Thanks to the few reasonable posters on this board. I got in with 7500 shares at 1.69 yesterday, intending to go long(ish), and I'm feeling good, but this board is crazy. It feels like a bunch of scammers trying to scam each other. Very little rational discussion, mostly hit and runs with outrageous claims like they're trying to pump and dump. Wish it would stop.

smells to me like $2+ by end of week