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Friday, May 23, 2014 11:42:10 PM
Fannie Mae reported net income o$5.3 billion - 4.1=1.2 q1 income, the company’s ninth consecutive quarterly profit, and comprehensive income of $5.7-4.1=1.6 billion for the first quarter of 2014.
so we are looking at 1.2x4=4.8 annualized income x 15 = roughly a 60 billion market cap, bo hoo hoo. and this does not include the higher comprehensive income and i used 15 as a multiplyer.
honestly, why is the misleading post at the top. moderators do your job or step down. blue post things for his own personal trading needs. the stickies above should be factual in nature and not so misleading.
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