Fannie Mae-No Politics (FNMA)

[jeddiemack]

Zarg...

I too hope it works out.

My hope is for Fair Value. I peg Fair Value for Fannie and Freddie at North of $125.

If we get 1/2 of that ... I'd be really happy.

If we get 1/4 of that ... I'd be pleased.


Many people who think they know me, would believe falsely that' I've had it easy. But, its not the case.

I've hedged my self on these two. If it works big then its great. If it goes to Zero; I'll be bummed but still in the game.

Some people have bantered around a price of $325. I don't see that happening. Others, as much as $250. That would be fab... but may not be in the works right off. It may happen, but it'll take 10 years.