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Nice move.
Fannie Mae is trading like it wants to stay around for awhile.
Will the website close now since the price is at 0?
Shorts will have to cover when good news hits. I am going to be there.
I guess you saw what happen today.
The after hours bid is in the $1.20s
Great point.That fannie got me skipping weekends.
Reasonable, what price point do you see a trade tomorrow?
Is there any other company posting profits as big as fannie mae with the share price around $1.50 to $3.00?
We maybe considered small players in fnma. It is important to note that the big money hedge funds and large institutions are laying the grounds and bottom layers for this stocks volatility for years to come with selling shares for profit. Some will sell sooner than later, recommend to client to buy or sell when they think the time is right. The big guys know liquidty is needed to move this stock with ease for them, their clients and us. The big money will buy low and sell high over and over, hence creating more liquidity for movement. Get in where you fit in and do the same. GLTU
You think these guys are going to liquidate a business that has generated billions of dollars and is ingrained in the fabric of the country like General motors? Who's going to do a better job at making these kind of profits? Give me some tickers. I want to buy their shares at prices like Fannie Mae.
Hope I didn't get fannie mae a buy wrong.
Yeah, a house with a fannie mae loan
I respect Cramer and watch his show but if he is wrong I will be rich.
What would you guys do? Keep making billions or liquidate?
Cramer had this in his twit. http://www.thestreet.mobi/story/11945354/1/fannie-and-freddie-shareholders-will-get-nothing-kbw.html
So, fannie mae stock price warranted the delisting. The price is going up now and profits are too.
Sounds like a Fannie Mae Flag.
Fannie Mae flag formation. What happens after a flag?